Bank of Baroda Uganda Six-Month Net Climbs 40% as Loans Increase
Profit rose to 17.9 billion shillings ($7.2 million) from 12.8 billion shillings a year earlier, the Kampala-based Bank of Baroda Uganda Ltd. (BOBU) said in an advertisement published today in New Vision newspaper.
Loans increased 30 percent to 293.2 billion shillings, and deposits climbed 13 percent to 435.3 billion shillings.
To contact the reporter on this story: Fred Ojambo in Kampala at email@example.com
To contact the editor responsible for this story: Paul Richardson at firstname.lastname@example.org