gaziantep escort,escort bayan,beylikdüzü escort,
alanya escort,gaziantep escort
Centenary Group has congratulated its subsidiary, Centenary Bank, upon posting excellent performance results. Despite a challenging operating environment, the bank leveraged on technology, people and good relationships, to deliver good performance. The Bank remained profitable, and in line with its mission, seeing that profits are not a standalone, financed enterprises and individuals in the real economy, which fosters a productive and sustainable economy. Centenary Bank’s deposits grew by 1.4% from UGX 3.137 trillion in 2020 to UGX3.181 trillion in 2021 together with a growing loan book, helped to bolster the bank’s earnings, allowing it to set new record highs, on…
This Is Premium Content. Subscribe And Save On Unlimited Access With Our Best Offers!
PostBank is now a fully-fledged commercial bank, and the year has not been easy for the sector. What are the highlights for the year 2021? 2021 was a tough year owing to the COVID-19 pandemic. Many customers were still suffering from the effects of the 2020 lockdown and then they had to deal with another lockdown in 2021. At PostBank, we focused on supporting the adversely affected businesses to survive and recover through restructuring of facilities and providing working capital support. Despite the headwinds, the Bank registered growth across all the key parameters; a 22% increase in Profit After Tax…
This Is Premium Content. Subscribe And Save On Unlimited Access With Our Best Offers!
Ecobank Group has announced unaudited first quarter of 2022 profit before tax increase of 25% to $125 million. Ade Ayeyemi, Group CEO said “We delivered strong 1Q 2022 results with profit before tax increasing by 25% to $125 million, diluted earnings per share up 29% to 0.27 US cents and net revenue growth of 7% to $436 million. Returns on tangible shareholders’ equity of 18.9% was a record compared to 15.7% a year ago.” According to him, they have achieved these results in a difficult operating environment characterised by the strengthening of the US dollar against their operating currencies, high…
This Is Premium Content. Subscribe And Save On Unlimited Access With Our Best Offers!
Absa Bank Uganda has announced a profit after tax of UGX110 billion for the year ended December 2021, representing a 169% growth in profitability from the previous year. “Despite a tough operating environment, economic recovery was faster than anticipated evidenced by the remarkably resilient performance and expansion of the economy by an estimated 5.3%. Private sector business growth was underpinned by a rebound in activity in agriculture, construction, and public administration. We registered a significant drop in impairment of 77.8% as a result of increased improvement in the construct of our loan book indicating a faster than anticipated recovery from…
This Is Premium Content. Subscribe And Save On Unlimited Access With Our Best Offers!
I&M Group PLC has delivered consistent growth in its 2021 financial results having reported a 3% growth in Profit after tax to KShs 8.6 billion compared to KShs 8.4 billion in the same period in 2020. The performance was driven mainly by growth in customer deposits and loans as well as continued investment in the digital banking infrastructure. This has positioned the Group to achieve its steady growth trajectory. Worth noting is that the Group has withstood the challenging operating environment and has continued to provide enhanced shareholder value as well as consistently paying dividends to shareholders amidst the two-year…
This Is Premium Content. Subscribe And Save On Unlimited Access With Our Best Offers!
Equity Group has recorded superior performance for the year ended 31st December 2021 despite the challenging operating environment characterised by a global COVID-19 pandemic. Profit After Tax increased by 99% to Kshs 40.1 billion from Kshs 20.1 billion with Profit Before Tax recording a growth of 134% to Kshs 51.9 billion up from Kshs 22.2 billion the previous year. The Group has recommended a record dividend pay-out of Kshs 3 per share totalling Kshs 11.3 billion which is a 50% jump from previous dividend pay-out after earnings per share grew by 98% to Kshs 10.40 up from Kshs 5.20 the…
This Is Premium Content. Subscribe And Save On Unlimited Access With Our Best Offers!
beylikdüzü escort
beylikdüzü escort
