• Latest
Absa Bank Wins Two Awards at 2025 Global Banking & Finance Awards

Absa Bank Wins Two Awards at 2025 Global Banking & Finance Awards

3 weeks ago
Museveni Warns NRM Against Factionalism, Urges Unity and Wealth Creation

Museveni Warns NRM Against Factionalism, Urges Unity and Wealth Creation

14 mins ago
Ngabi Nsamba Crowned Airtel BIKA 2025 Champions

Ngabi Nsamba Crowned Airtel BIKA 2025 Champions

28 mins ago
Automated Electronic Penalty System Goes Live Across Uganda

Automated Electronic Penalty System Goes Live Across Uganda

21 hours ago
Brig Gen Keita Assumes Command of Joint Staff Training and Doctrine

Brig Gen Keita Assumes Command of Joint Staff Training and Doctrine

21 hours ago
National IDs Vital to Curb Voter Fraud – Museveni

National IDs Vital to Curb Voter Fraud – Museveni

21 hours ago
Museveni Touts Calm Security, Regional Cooperation in State of Nation Address

Museveni Touts Calm Security, Regional Cooperation in State of Nation Address

2 days ago
SoftPower News
Sunday, June 8, 2025
  • News
  • Tourism & Travel
  • Business
  • Lifestyle
    • Fashion
  • Regional
    • Kenya
    • Rwanda
    • Tanzania
    • Burundi
    • South Sudan
    • DR Congo
  • Defence & Security
  • Sport
  • Entertainment
  • More
    • Agriculture
    • Africa
    • Columnists
    • Education
    • Health
      • COVID-19
    • International News
    • News in Pictures
    • OpEd
    • Pearl Of Africa
    • People
    • Politics
    • Special Reports
    • Women
No Result
View All Result
  • News
  • Tourism & Travel
  • Business
  • Lifestyle
    • Fashion
  • Regional
    • Kenya
    • Rwanda
    • Tanzania
    • Burundi
    • South Sudan
    • DR Congo
  • Defence & Security
  • Sport
  • Entertainment
  • More
    • Agriculture
    • Africa
    • Columnists
    • Education
    • Health
      • COVID-19
    • International News
    • News in Pictures
    • OpEd
    • Pearl Of Africa
    • People
    • Politics
    • Special Reports
    • Women
No Result
View All Result
SoftPower News
No Result
View All Result
Home Business

Absa Bank Wins Two Awards at 2025 Global Banking & Finance Awards

by Muhamadi Byemboijana
May 16, 2025
Absa Bank Wins Two Awards at 2025 Global Banking & Finance Awards
58
VIEWS

Absa Bank Uganda has been honoured with two prestigious accolades at the 2025 Global Banking and Finance Awards: “Best CSR Bank Uganda” and “Best Community Engagement ESG Initiative in Uganda”.

These awards recognise Absa Bank Uganda’s broad and sustained impact across key areas, including the One Million Trees Initiative aimed at mitigating climate change by planting one million trees in Uganda by 2025; the annual Absa KH3 7 Hills Run in support of girl-child education; youth skilling through the Absa ReadyToWork programme; and emergency response to the Kiteezi landslide disaster. 

Related Stories

Museveni Warns NRM Against Factionalism, Urges Unity and Wealth Creation

Ngabi Nsamba Crowned Airtel BIKA 2025 Champions

Automated Electronic Penalty System Goes Live Across Uganda

The bank was also recognised for its financial inclusion and literacy programmes. Now a three-time recipient of the “Best CSR Bank” award (previous wins in 2022 and 2024), this marks Absa Bank Uganda’s first win in the ESG category for Community Engagement.

Speaking on the recognition, David Wandera, Managing Director at Absa Bank Uganda, said, “Our business priorities are deeply linked to our responsibility to support inclusive growth, climate resilience, and ethical practices that serve our communities. This recognition affirms our commitment to creating long-term, sustainable value for all our stakeholders.”

“Absa Bank Uganda’s recognition as Best CSR Bank Uganda for the second consecutive year and Best Community Engagement ESG Initiative Uganda 2025 reflects the bank’s sustained commitment to long-term impact through education, environmental stewardship, and youth empowerment. This dedication is demonstrated through standout programs — from large-scale tree planting and support for girls’ education to its Ready-to-Work skills initiatives. These achievements continue to set the bank apart as a leader in sustainable community engagement,” said Wanda Rich, Editor, Global Banking & Finance Review. 

“We look forward to seeing how Absa Bank Uganda continues to drive meaningful change in the years ahead.” The bank’s ESG-aligned strategy, anchored in its ambition of being a force for good, focuses on four key pillars: financial inclusion, diversity, equity and inclusion, climate action, and community empowerment.

In 2024, Absa extended UGX 38 billion in green financing, including affordable loans to commercial riders for the acquisition of electric motorcycles, supporting both income generation and green mobility. 

The 2024 Absa KH3 7 Hills Run raised UGX 300 million, helping to keep over 7,278 girls in school by funding sanitation facilities, menstrual hygiene support, and educational bursaries across Uganda.  Additionally, the bank spent UGX 76 billion in 2024 on local procurement, supporting Ugandan businesses and driving economic resilience.

Helen Nangonzi Basuuta, Marketing and Customer Experience Director at Absa Uganda, expressed pride in the team’s collective efforts, “These awards are a celebration of our people—our staff, our partners, and our communities. We remain committed to deepening our impact because everyone’s story matters.”

Tags: 2025 Global Banking and Finance AwardsAbsa Bank UgandaAwardsBest Community Engagement ESG Initiative in UgandaBest CSR Bank UgandaDavid WanderaHelen Nangonzi BasuutaSoftPower NewsTop Uganda NewsUganda

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *


The reCAPTCHA verification period has expired. Please reload the page.

Recent Stories

Museveni Warns NRM Against Factionalism, Urges Unity and Wealth Creation

Ngabi Nsamba Crowned Airtel BIKA 2025 Champions

Automated Electronic Penalty System Goes Live Across Uganda

Brig Gen Keita Assumes Command of Joint Staff Training and Doctrine

National IDs Vital to Curb Voter Fraud – Museveni

Museveni Touts Calm Security, Regional Cooperation in State of Nation Address

Visit UBOS Website
SoftPower News Logo

SoftPower News is a subsidiary of SoftPower Communications LLC, a Ugandan digital media group. Keep posted of the latest from Uganda and East Africa.
Plot 4B Malcolm X, Kololo
P.O Box 1497, Kampala - Uganda
Tel: +256-392-001-701
Email: info@softpower.ug

This news site is licenced by Uganda Communications Commission (UCC)

ADVERTISEMENT
  • News
  • Tourism & Travel
  • Business
  • Lifestyle
  • Regional
  • Defence & Security
  • Sport
  • Entertainment
  • More

© SoftPower News

error: Content is protected
No Result
View All Result
  • News
  • Tourism & Travel
  • Business
  • Lifestyle
    • Fashion
  • Regional
    • Kenya
    • Rwanda
    • Tanzania
    • Burundi
    • South Sudan
    • DR Congo
  • Defence & Security
  • Sport
  • Entertainment
  • More
    • Agriculture
    • Africa
    • Columnists
    • Education
    • Health
      • COVID-19
    • International News
    • News in Pictures
    • OpEd
    • Pearl Of Africa
    • People
    • Politics
    • Special Reports
    • Women

© SoftPower News