Menu
Home
Forums
New posts
Search forums
What's new
Featured content
New posts
New media
New media comments
New resources
Latest activity
Media
New media
New comments
Search media
Resources
Latest reviews
Search resources
Log in
Register
What's new
Search
Search
Search titles only
By:
New posts
Search forums
Menu
Log in
Register
Install the app
Install
Home
Forums
Labrish
Nyuuz
Centenary Bank Assets Skyrocket Past 7.1T Shillings
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
[QUOTE="Munyaradzi Mafaro, post: 36746, member: 636"] Centenary Bank assets jumped to 7.1 trillion shillings last year, up more than 12 percent. Loans and advances rose to 3.7 trillion shillings as the bank invested more in farming, small loans, and business funding. These special areas make up 37 percent of all loans given out. People also invested more savings in the bank, with deposits reaching 4.2 trillion shillings. Bank leader Fabian Kasi said this growth shows customers trust them and make smart lending choices. The bank keeps far more safety money than rules require, with 28 percent saved against possible problems when much less is needed. Money from shareholders grew almost 17 percent to 1.6 trillion shillings. The bank also invested 18 percent more, reaching 2.2 trillion shillings. Banking expert Samantha Amariza thinks this steady growth helps Uganda because it means more businesses can borrow money. The bank funds farmers, small shops, and growing companies that create jobs across the country. This helps Uganda save more money as a nation and grow stronger over time. [/QUOTE]
Insert quotes…
Name
Post reply
Home
Forums
Labrish
Nyuuz
Centenary Bank Assets Skyrocket Past 7.1T Shillings
This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
By continuing to use this site, you are consenting to our use of cookies.
Accept
Learn more…
Top