dfcu Bank profit up by 25% as dividend reaches Shs25.2
Thursday March 23 2017
dfcu Bank acquired some of the assets and liabilities of Crane Bank in January this year. FILE PHOTO
In February, Bank of Uganda (BoU) reduced the Central Bank Rate by 0.5 percentage points to 11.5 per cent, saying the move is meant to stimulate economic activities in the country which have persistently remained low.
Latest data from the BoU’s State of the Economy Report released last December noted that “the domestic economic growth outlook remains subdued.”