deposits Archives – CEO East Africa

Stanbic Bank Uganda’s net profit surge to UGX 236 billion in the first half of 2024

by Paul MurungiCompany NewsAugust 18, 2024August 18, 2024

Stanbic Bank Uganda has maintained a strong growth momentum in the first half of 2024 posting a profit of UGX 236 billion on its income statement. This represents a 17.6…

dfcu Bank to pay final dividend of UGX 6.8 billion to shareholders in August as profits rise to UGX 34 billion

by Paul MurungiIndustry & Analysis News & Analysis The Big StoryJuly 13, 2024July 14, 2024

dfcu Bank is set to pay a final dividend of UGX 6.8 billion to its 3,851 shareholders by August 31st after the Board of Directors made a final approval at the Annual General Meeting held at Hotel Africana on Thursday this week. Speaking on behalf of the Board of Directors, Mr Jimmy Mugerwa, the Chairman Board said the bank upheld…