total assets
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News
Parliamentary SACCO posts Shs 9.6bln in gross income
KAMPALA, September 14, 2024 — The Speaker of Parliament, Anita Among, has hailed the Uganda Parliamentary Savings and Credit Cooperative Society [Parliamentary SACCO] for its continuous expansion following a Shs 9.6 billion…
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News
dfcu posts Shs 50.9bln in gross profit
KAMPALA, August 22, 2024 – dfcu Limited’s interim unaudited financial results for the six months ending June 30, 2024, reveal a gross profit of Shs 50.9 billion, marking a 51.6 percent increase…
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News
UDB’s total assets hit Shs 1.6trn in 2023-report
KAMPALA, March 1, 2024 – The Uganda Development Bank [ UDB ] has released unaudited report for 2023, showing the Bank’s total assets grew by 8 percent to Shs 1.64 trillion from…
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National
BoU, DPF to start paying EFC Uganda depositors next week
KAMPALA, January 24, 2024 – Depositors of EFC Uganda are to be paid by the Bank of Uganda [BoU] and the Deposit Protection Fund of Uganda [DPF] after the lender had its…
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National
Banking sector remains resilient despite weak economic growth
KAMPALA, October 17, 2023 – The Ugandan banking sector remained resilient despite weak economic growth prospects, heightened inflation, and elevated geopolitical tensions, says the Bank of Uganda [BoU] in its Annual Report…
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Finance & Banking
Local banks post total assets of Shs 46.1trn in 2022
KAMPALA – The Uganda Bankers’ Association [UBA] in its annual report shows the local banking industry grew its total assets by 11.2 percent to Shs 46.1 trillion in 2022 compared to Shs…
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Finance & Banking
Equity Bank Uganda engages media on 2022 financials
KAMPALA -Equity Bank Uganda on Monday held a media engagement in Kampala to discuss the financial performance of 2022, the Africa Recovery and Resilience Plan and its achievements so far, as well…
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Cooperatives & Communities
Wazalendo SACCO opens cash branch in Mbarara City
MBARARA- The Uganda People’s Defence Forces [UPDF]’s Wazalendo Savings and Credit Cooperative Society Limited has opened a cash branch in Mbarara town to help its members access cash services in a conducive…
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