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dfcu half year results June 2009

July 31st 2009.

dfcu Limited on Friday reported impressive results for the six months ended June 30, 2009. 

A quick glance at the key performance indicators show that:

 

30 June 2009
UGX (Bln)

30 June 2008
UGX(Bln)

    %
Revenue
              29.92                24.36   23.0
Net profit after Tax
                8.77                  6.14
  43.0
Customer deposits
                83.8
             119.00
  45.9
Total Assets
              545.5              423.60
  28.7

Juma Kisaame, Managing Director dfcu Bank said, “This year we are celebrating 45 years of Serving, Transforming and Developing the sectors of the Ugandan economy. Steady growth in our business and our profitability in spite of the harsh market conditions as a result of the global economic meltdown is an indication of our strong financial position.” He added that key strategic priorities going forward will include investment in a new banking system that will completely transform the way the bank does business.   Other focus areas include cost management, growth in delivery channels and prudent risk management policies.

dfcu Bank is a wholly owned subsidiary of dfcu Limited,
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For more information, press only:
Susan N. Nkugwa – Head of Marketing
+256 (0) 312 300 385
 
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