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Centenary Bank’s 2022 net profit rises 18% to reach UGX249.6 billion

STANDING TALL: Double-digit growth in deposits, lending, income and assets underpins yet another profitable year for Centenary Bank, which this year celebrates its 40th anniversary.

Uganda’s Centenary Bank has released its 2022 results announcing “substantial growth in 2022 especially in profits, deposits, gross loans, and total assets”.The bank reported an 18% growth in net profit,…

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