Company NewsFinanceThe Big Story

2019 RESULTS: From UGX61bn to UGX73.4bn in profits, Mathias Katamba puts dfcu bank on growth path

by Muhereza Kyamutetera
Mathias Katamba, dfcu Bank Chief Executive Officer
Getting your Trinity Audio player ready...
Dfcu Bank today announced their 2019 results, posting a 21% growth in profitability from UGX60.9 billion to UGX73.4 billion. The results, Matthias Katamba's first full year results since he joined the bank in December 2018, are much better than 2018 when the bank posted a 66% decline in profitability- from UGX127.6 billion in 2017 to UGX61.7bn. This was largely due to a 4.7% reduction in assets f

Thank You For Reading CEO East Africa Magazine.

Please SUBSCRIBE for UNLIMITED ACCESS to our game-changing stories or LOG IN for existing members.

Tagged:
About the Author

Muhereza Kyamutetera is the Executive Editor of CEO East Africa Magazine. I am a travel enthusiast and the Experiences & Destinations Marketing Manager at EDXTravel. Extremely Ugandaholic. Ask me about #1000Reasons2ExploreUganda and how to Take Your Place In The African Sun.