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dfcu Limited announces 2023 Half Year Results
KAMPALA, UGANDA – 24 August 2023: dfcu Limited has today announced its interim 2023 half year results with strong institutional capabilities propelling the business to thrive and deliver improved performance. Highlights
- Profit after tax grew by 56% compared to same period last year.
- Portfolio quality improved and loan impairments reduced by 33%.
- Customer deposits grew by 2% to Ugx 2.48 trillion.
- Liquid assets grew by 20%.
- Earnings per share grew by 56%.
- Number of customers increased by 10%.
- An 11% growth in the number of borrowing customers.
- Maintained a very strong capital base, well above the statutory requirements.
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