KCB Bank Uganda, a subsidiary of KCB Group, one of East Africa’s largest financial groups, reported that its net profit for 2022, grew by an impressive 344.6% from UGX7.4 billion…
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Diamond Trust Bank Uganda, the Ugandan subsidiary of the Kenya-headquartered Diamond Trust Bank Group has released its 2022 financials reporting double-digit growth in deposits, lending, income, profits and assets. According…
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Housing Finance Bank, the government of Uganda and NSSF-owned lender is now Uganda’s 5th most profitable bank, jumping three positions from the 8th in 2021. In 2022 results released last…
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The following is a list of the banks ranked by total assets as of 31 December 2020. Balance sheet information is from financial statements published by the banks in March and April
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The Pareto principle (also known as the 80/20 rule, the law of the vital few), according to Wikipedia, states that, for many events, roughly 80% of the effects come from 20% of the causes. It has since become an axiom of business management that “80% of sales come from 20% of clients”. RELATED: https://www.ceo.co.ug/2018-ugandas-19-banks-rake-in-ugx790bn-profit-5-banks-still-loss-making/ Mathematically, it is generally believed that…
