US EditionNCBA Bank Uganda Records Impressive Growth and Improved Asset Quality in 2024
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NCBA Bank Uganda Records Impressive Growth and Improved Asset Quality in 2024
NCBA Bank Uganda has announced a robust financial performance for the year ending December 31, 2024, demonstrating significant growth in key areas and a marked improvement in the quality of its assets. The bank’s audited financial results reveal a 13% expansion of its balance sheet, reaching Shs 963 billion, primarily driven by a substantial 15% surge in customer deposits. The bank also reported an 18% increase in its net loans and advances, sho…
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