Dfcu Ltd 2020 AR2
The report highlights dfcu Limited's resilience and strategic progress during the COVID-19 pandemic in 2020. Despite a 69% reduction in profitability with a net profit of UGX 24 billion, the company achieved strong balance sheet growth, with total assets increasing by 18% to UGX 3.498 trillion and customer deposits growing by 27% to UGX 2.595 trillion. The company advanced its digital transformation by upgrading its online banking platforms and expanding its agent banking network. Additionally, dfcu continued its commitment to sustainability through its Women in Business program and agricultural partnerships, such as the Agribusiness Development Centre.
Company: Dfcu Ltd
Sector: Financials
Country: Uganda
Year: 2020
Type: AR2
Pages: 228
Dfcu Ltd
Annual Report And Financial Statements
The report highlights dfcu Limited's resilience and strategic progress during the COVID-19 pandemic in 2020. Despite a 69% reduction in profitability with a net profit of UGX 24 billion, the company achieved strong balance sheet growth, with total assets increasing by 18% to UGX 3.498 trillion and customer deposits growing by 27% to UGX 2.595 trillion. The company advanced its digital transformation by upgrading its online banking platforms and expanding its agent banking network. Additionally, dfcu continued its commitment to sustainability through its Women in Business program and agricultural partnerships, such as the Agribusiness Development Centre.
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Document Details
Report Year
2020
Reporting Period
Jan 1, 2020 - Dec 31, 2020
Fiscal Year
2020
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Workplace Fatalities
Employees