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dfcu Bank Reports Strong Financial Performance in 2024, Profit After Tax Rises by 151%

Summary by Watchdog Uganda
dfcu Bank has announced a significant improvement in its financial performance for the year 2024, reporting a profit after tax of UGX 72 billion, a remarkable 151% increase from the previous year. The results were presented by Rebecca Birungi, the Acting Chief Finance Officer of dfcu Bank, during the bank’s 2024 Full-Year Financial Results Announcement at its head office in Nakasero. According to Birungi, the bank’s performance was primarily dr…
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CEO East AfricaCEO East Africa

Fired-Up! Charles Mudiwa's 2024 Big dfcu Bank Turnaround  – CEO East Africa

When dfcu Bank in January 2017, acquired Crane Bank, then one of the five largest Banks in Uganda, for UGX200 billion, it had been hoped that dfcu’s market share fortunes... The post Fired-Up! Charles Mudiwa’s 2024 Big dfcu Bank Turnaround  appeared first on CEO East Africa.

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Watchdog UgandaWatchdog Uganda

dfcu Bank Reports Strong Financial Performance in 2024, Profit After Tax Rises by 151%

dfcu Bank has announced a significant improvement in its financial performance for the year 2024, reporting a profit after tax of UGX 72 billion, a remarkable 151% increase from the previous year. The results were presented by Rebecca Birungi, the Acting Chief Finance Officer of dfcu Bank, during the bank’s 2024 Full-Year Financial Results Announcement at its head office in Nakasero. According to Birungi, the bank’s performance was primarily dr…

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Business FocusBusiness Focus

dfcu Records Shs72bn Net Profit As Mudiwa’s Strategic Leadership & Tactics Boost Bank’s Performance » Business Focus

dfcu Bank’s Executive team led by CEO, Charles Mudiwa (3rd from left in the back row), staff, and partners gathered at the bank’s Head Office in Nakasero on April 1, 2025, for the FY2024/2025 Financial Results Announcement. The bank reaffirmed its commitment to leveraging technology and strengthening its systems to enhance digital banking solutions in Uganda. Dfcu Limited recorded a strong financial performance for the year ended 31 December 202…

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Online news from Uganda and the East African region - SoftPower NewsOnline news from Uganda and the East African region - SoftPower News

dfcu Bank Posts 151% Profit Surge to Shs72bn, Proposes 121% Dividend Hike

dfcu Bank has announced a stellar financial performance for the year ended December 31, 2024, reporting a 151% increase in Profit After Tax (PAT), which rose to UGX 72 billion. This remarkable achievement signifies another key milestone in the bank’s ongoing transformation, driven by its commitment to growth, innovation, and operational excellence. The impressive results were unveiled during a press conference attended by top executives at dfcu …

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Online news from Uganda and the East African region - SoftPower News broke the news in on Tuesday, April 1, 2025.
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