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Absa Bank Uganda wins two awards at the 2025 Global Banking and Finance Awards

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May 15, 2025
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Absa Bank Uganda wins two awards at the 2025 Global Banking and Finance Awards

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.

by @EditorialNewsline
May 15, 2025
in World
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KAMPALA– 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. The bank was also recognized for their financial inclusion and literacy programmes.

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 longterm impact through education, environmental stewardship, and youth empowerment. This dedication is clearly demonstrated through standout programs — from large-scale tree planting and support for girls’ education to its ReadytoWork 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.”

Awach Primary School student fetches water from water facility donated by Absa in partnership with World Vision, in 2024

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: Absa Bank UgandaESGFEATUREDRecognition
@EditorialNewsline

@EditorialNewsline

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