Barclays Bank is now ABSA Bank Uganda

154
1011

By Uganda Radio Network (URN).

Absa Bank Uganda, this week officially received its license from Bank of Uganda, dropping the Barclays Bank brand tag.

Absa Uganda interim boss Nazim Mahmood together with other bank’s executive received the license from the Central Bank on Monday.

Mahmood told reporters that “there will be no change in terms of account details and that they can expect nothing but the best in terms of products and services.”

BOU Deputy Governor Dr Louis Kasekende said the central bank is pleased to confirm that effective Monday, what was previously known as Barclays Bank Uganda would become Absa Bank Uganda.

This makes the end to the three-year journey of the divorce from the parent company, Barclays Plc after the latter sold its majority shareholding– retaining only 14.9% – in the Barclays Africa Group unit. This means it could not retain the Barclays Brand.

The bank has changed its social media handles to Absa to reflect the changes. Its website also reads absa.co.ug.  All its branches have been painted red, the Absa colours, from the blue that Barclays used.

Absa Uganda is part of the Absa Africa Group headquartered in South Africa.

154 COMMENTS

  1. This design is wicked! You certainly know how to keep a reader entertained. Between your wit and your videos, I was almost moved to start my own blog (well, almost…HaHa!) Excellent job. I really loved what you had to say, and more than that, how you presented it. Too cool!|

  2. Taxi moto line
    128 Rue la Boétie
    75008 Paris
    +33 6 51 612 712  

    Taxi moto paris

    Awesome! Its genuinely remarkable post, I have got much clear idea concerning from this article.

  3. It is truly a nice and useful piece of info. I’m happy that you shared this useful info with us. Please keep us informed like this. Thanks for sharing.|

  4. Whats up are using WordPress for your blog platform? I’m new to the blog world but I’m trying to get started and create my own. Do you need any html coding expertise to make your own blog? Any help would be really appreciated!|

  5. Greetings from California! I’m bored at work so I decided to check out your site on my iphone during lunch break. I really like the information you present here and can’t wait to take a look when I get home. I’m amazed at how quick your blog loaded on my phone .. I’m not even using WIFI, just 3G .. Anyways, superb site!|

  6. Very nice post. I just stumbled upon your blog and wanted to
    say that I have really enjoyed browsing your blog posts.
    In any case I will be subscribing to your feed and I hope you write again soon!

  7. You actually make it seem really easy along with your presentation but
    I find this topic to be actually something which I feel I’d by
    no means understand. It seems too complex and extremely vast for me.
    I am looking ahead for your subsequent submit, I will attempt to get the hold of it!

  8. Hey There. I found your blog using msn. This is a very
    well written article. I’ll be sure to bookmark it and return to read more
    of your useful info. Thanks for the post. I will definitely comeback.

  9. Greetings from Los angeles! I’m bored to death at work so I decided to browse your site on my iphone during lunch break.
    I enjoy the information you present here and can’t wait to take a look when I get home.
    I’m shocked at how fast your blog loaded on my mobile ..
    I’m not even using WIFI, just 3G .. Anyways, amazing site!

  10. Hi there, I found your website by means of Google
    while searching for a similar matter, your website
    came up, it seems great. I have bookmarked it in my google bookmarks.

    Hello there, simply become aware of your blog through Google, and located that it is really informative.
    I am going to be careful for brussels. I will appreciate in the event you continue
    this in future. Lots of folks will likely be benefited from your writing.
    Cheers!

  11. Great ?V I should definitely pronounce, impressed with your web site. I had no trouble navigating through all tabs and related info ended up being truly easy to do to access. I recently found what I hoped for before you know it in the least. Reasonably unusual. Is likely to appreciate it for those who add forums or anything, web site theme . a tones way for your client to communicate. Excellent task..

  12. Whats Happening i am new to this, I stumbled upon this I’ve discovered It positively useful and it has aided me out loads. I’m hoping to give a contribution & help other users like its helped me. Good job.

  13. I’ll immediately take hold of your rss feed as I can not find your e-mail subscription link or e-newsletter service. Do you’ve any? Please allow me realize in order that I could subscribe. Thanks.

LEAVE A REPLY

Please enter your comment!
Please enter your name here