Profit
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News
Finance Trust Bank sees gross profit rise of 61.9 percent in 2021
KAMPALA– Finance Trust Bank has released a summary of financial statements for the year ended December 31, 2021, showing its profit before tax curve going up by 61.9 percent to about Shs 13.6…
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News
Post Bank posts 15.8 percent growth in gross profit
KAMPALA – As Post Bank continues to celebrate the milestone of getting a Tier One License from Bank of Uganda [BoU] to operate as a fully-fledged commercial bank, latest financial statistics show the…
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Finance & Banking
Absa Bank Uganda profit after tax up by 169%
KAMPALA – Absa Bank Uganda had favourable business outcomes in the year 2021, despite covid-19 pandemic that hit the country. The bank on Tuesday announced a sharp profit after tax increment of…
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Cooperatives & Communities
AGM: Bushenyi SACCOs continue to perform well despite Covid-19 huddles
BUSHENYI – Whereas most financial institutions are grappling to recover from Covid-19 pandemic, Kyamuhunga Peoples’ SACCO (KYAPS) in Bushenyi district is in the limelight for recording tremendous success during the financial year…
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