Mumba Kalifungwa, Absa Bank Uganda MD (L) and Harriette Kasirye, Head of Marketing & Corporate Relations, pose with the certificates received by the bank.
Absa Bank Uganda has been named the Banking Group Brand of the Year (Uganda) and Best CSR Bank (Uganda) 2020 by the Global Banking & Finance Review ® Awards.
Global Banking & Finance Review® the No. 1 online and print magazine for the banking and financial industry spotlighted several key areas that enabled Absa Uganda to truly stand out amongst the competition; The bank’s education and skills development training programs provided to employees, solutions and support for small and medium-sized enterprises (SMEs), value-added products, active participation in support of local communities and the bank’s Africanicity campaign.
On receiving the accolades, Mumba Kalifungwa, Absa Bank Uganda’s Managing Director said, “Absa is a financial institution that strives for effective people-centred and solution-oriented programmes whose purpose is to bring possibility to life and we are proud of our commitment to being a force for good in our society.”
Absa Bank Uganda undertakes annual programs such as Ready to Work, scholarships and the Africa Leadership University (ALU) skills development programs in addition to the SME Academy, which this year partnered with IFC, a member of the World Bank Group, to train over 300 Ugandan SMEs to help them navigate the difficult operating environment caused by the COVID-19 pandemic.
The Global Banking and Finance Review Awards recognise companies from all over the world and of all sizes, which demonstrate global excellence in innovation, strategy and progressive and inspirational changes within the global financial community.
“Absa Bank Uganda Limited is committed to providing the financial solutions and support that help foster enterprise development and financial inclusion. Their strategic vision, dedication to delivering products and services that are designed to help people achieve their financial goals, and continued investment in technology to make banking easier and more accessible is what made them stand out as the winner this year”, said Wanda Rich, Editor, Global Banking & Finance Review. “We look forward to seeing more from them in the years to come.”
“This award has strengthened Absa’s resolve to keep bringing forward initiatives that continually shape our society for the better and add value to our staff, our clients and the communities within which we operate,” Kalifungwa added.