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JULIUS KAKEETO: Investing in new technologies, revamping our digital banking platforms, revamping our branch network all paid off with good results PostBank Uganda Limited has released its 2021 financials, registering double-digit growth across all its major business parameters. Customer deposits grew by 13% from UGX449 billion in 2020 to UGX507.2 billion while lending grew by 35.9% from UGX334.7 billion to UGX454.9 billion- a growth of UGX120.2 billion! Increased lending pushed a 20.9% growth in total income- from UGX119.5 billion to UGX144.5 billion, hence a healthy 21.5% growth in net profit- from UGX10.1 billion to UGX12.2 billion. Shareholder Funds also grew by 15.5% from UGX101.4 billion to UGX117.1 billion. In this interview, Julius Kakeeto, Chief Executive Officer/ Managing Director speaks about the Bank’s performance and the future as a fully-fledged tier-one commercial bank.
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