Uganda Top Banks

Varghese Thambi, DTB Uganda's Managing Director & CEO. He has presided over the bank's robust growth into one of the country's top 20 banks.

2022 net profits at Diamond Trust Bank’s Ugandan unit grow 16.2% to UGX35.8 bn

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 to results
Mumba Kalifungwa, Absa Bank Uganda’s Managing Director, since April 2020. Over and above steering the bank through the pandemic, he has been able to, through these three years, grow the bank’s deposits base, by a CAGR of 4%, lending by a CAGR of 5.5% and total assets by a CAGR of 7.3%.
Mumba Kalifungwa, Absa Bank Uganda’s Managing Director, since April 2020. Over and above steering the bank through the pandemic, he has been able to, through these three years, grow the bank’s deposits base, by a CAGR of 4%, lending by a CAGR of 5.5% and total assets by a CAGR of 7.3%.

MUMBA KALIFUNGWA: Absa Bank Uganda’s 2022 performance manifests our obsession with our customers’ and stakeholders’ growth

For many of us, 2022 seemed like the year we had been hoping for. We were going to put the pandemic behind us and find some sort of return to normalcy. Unfortunately,

 

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