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ONE ON ONE: dfcu Bank CEO Mathias Katamba explains the good half year results and how the bank is supporting economic recovery Despite the ongoing COVID-19 pandemic, dfcu Limited posted good financial performance in the first half of 2021 with consolidated net profit after tax increasing by 33% from UGX 29.1 Billion in June 2020 to UGX 38.8 Billion in June 2021. Considering the challenges in the business environment and slow economic recovery, the company focused the first half of the year on maintaining an optimal balance between supporting our customers to recover and financial performance. The extension of the credit relief program by the Central Bank enabled us to prolong the provision of relief in terms of restructures and repayment moratoriums to customers whose businesses have been impacted by the pandemic. “Looking forward, we will continue to execute on our strategic priorities, invest for growth, and accelerate our digital transformation to deliver on our commitments to our customers and shareholders, while ensuring the safety of our customers and staff. “Further improvements in operational efficiency combined with cost optimization in the second half of the year will help us further improve our performance,” the Company says.
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