UDB reports sh38b profit, amidst COVID challenges
Mwesigye said the rise in demand implies that the bank still needs more capital since its current portfolio is insufficient to meet its accruing capital needs.
PREMIUM News
Ojangole said performance results indicate that approximately 42.8% of the planned sh612b disbursements has been done, with another sh350b (57.2%) disbursements expected by the end of December 2022.
By NewVision Reporter
Journalists @NewVision
BUSINESS | UDB | PROFITS
KAMPALA - The Uganda Development Bank (UDB) has reported a net profit of sh38.8b, amidst the tough economic environment, precipitated by the