The story
The bank opened in 1927, with two branches in the capital city, Kampala, and one in Jinja, the country's second-largest commercial centre, at that time. In 1969, the bank acquired the Ugandan business of the Commercial Bank of Africa. In February 2007, the bank completed its acquisition of Nile Bank Uganda Limited, strengthening its presence in the country.
From Wikipedia’s article on Absa Bank Uganda Limited, shared under CC BY-SA 4.0.5