Absa Bank Uganda, a subsidiary of the pan-African Absa group, has completed the acquisition of Standard Chartered Uganda’s Wealth and Retail Banking (WRB) portfolio. The transaction is subject to regulatory approvals. This transaction is part of Standard Chartered’s global strategy to focus its resources on its highly differentiated segments, with its Corporate and Institutional Banking…...
Trending
- Morocco: a 48-hour strike announced in the butane gas sector
- Senegal: Royal Pharmacy ordered to pay over 167 million CFA to Sunu Bank (formerly BICIS)
- UMOA Securities: Senegal raises 60.365 billion CFA francs
- NAFA: Abidjan moves from reflection to action to capture the 4,000 billion African
- Afreximbank: $48.5 billion in assets, the rise of an African trade finance giant
- DRC: Rawbank announces the success of the country’s very first sovereign eurobond, raised at $1.25 billion
- Lebanon: Secretary General of the Francophonie condemns strikes and calls for the protection of civilians
- Tunisia: BNA Assurance reports a net profit of 5.5 million dollars for the year 2025
Uganda: Absa Bank takes over Standard Chartered’s retail activities
Amadjiguéne Ndoye
Economic journalist with a Master’s degree in Communication and Journalism from the Higher Institute of Information and Communication Sciences in Dakar (ISSIC). Avid reader and music enthusiast. Feminist at heart and passionate about fashion.
Add A Comment
About us
Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. The aim of Kapital Afrik is to provide financial and political news, give priority to human entrepreneurial experiences, lend life to economic policies, give meaning to statistics….
Contact us: redaction@financialafrik.com