Postbank Uganda Records 19 Percent Net Profits Growth
Published on: Thursday 06 April 2023
PostBank on Tuesday announced its financial results with a 19% increase in net profit for the year 2022.The state-owned bank reported a net profit of Shs 15.1 billion, a solid year-over-year growth of 19.3% up from the Shs 12.2 billion net profit posted in 2021.Post Bank's total assets grew significantly by 21.3% from Shs 745 billion in 2021 to Shs 946. 6 billion in 2022, which is almost 1 trillion.The bank's total income also increased from Shs...
News source: https://www.msn.com/en-xl/news/others/postbank-uganda-records-19-percent-net-profits-growth/ar-AA19yBSN
