The bank’s total revenue increased by 11% to UGX258bn in 2017, up from UGX233 billion in 2016. Total income increased to UGX304.4 billion in 2017, up from UGX272 billion in 2016.
Barclays Bank net profit increased by 30.9% to UGX72 billio in 2017, from the UGX55 billion the commercial bank recorded in 2016
In the financial statements, released Monday, Barclays attributed the increase in profits to “a very strong revenue performances and cost efficiencies.
