Bank of Baroda Uganda Limited net profit increases by 8.55% in HY2021

By Published On: November 24th, 2021Categories: Corporate announcement, Earnings

Bank of Baroda Uganda Limited (BOBU.ug) HY2021 Interim Report

Highlights

  • The Bank has posted a y-o-y growth of 8.58% in deposits as on June 30, 2021.
  • The Bank has posted a y-o-y growth of 13.12% in loans and advances (Net) as on June 30, 2021.
  • The Bank has posted a y-o-y growth of 8.55% in Net profit after tax for the period ended June 30,2021.
  • The Bank’s networth has also grown by 15.33% y-o-y as on June 30, 2021.
  • The Bank’s Capital Adequacy Ratio as on June 30, 2021 is well above the revised minimum norms.
  • Core Capital to Risk Weighted Assets (RWA) 32.75% against the rev