KAMPALA, UGANDA- The Development Finance Company of Uganda Bank Ltd also commonly known as DFCU Bank, has released its unaudited interim financial results as at June 30th 2017, indicating a jump in the bank’s assets to Ush3Trillion from Ush1.6Trillion with in a period of six months.
This, according to DFCU’s Kate Kizza, who read out the results at the Sheraton Kampala Hotel, is largely attributed to the January 2017 acquisition of Crane Bank assets and assumption of liabilities by dfcu Bank that presented numerous opportunities in line with its growth aspirations.
“dfcu Limited is today releasing its 2017 consolidated interim financial showing a 69.4% growth in balance sheet from Ush1.8trillion in December 2016 to Ush3.05 trillion as at June, 2017,