Butuuro Financial Services Achieves Record Profit at 16th Annual General Meeting: Plans for Expansion Unveiled

Butuuro Financial Services, a leading financial institution in Uganda, celebrated a remarkable milestone at its 16th Annual General Meeting held on March 2nd, 2024. The event, graced by esteemed Chief Guest Prof. Eli Katunguka Rwakishaya, Vice Chancellor of Kyambogo University, marked a pivotal moment for Butuuro as it announced record-breaking financial performance and unveiled ambitious expansion plans.

Record Profit and Financial Performance:

During the AGM, Butuuro Financial Services proudly announced a net surplus (profit) of Shs. 1,094,381,932 for the fiscal year, a substantial increase from the Shs. 803,896,213 generated in 2022. This impressive growth underscores Butuuro’s commitment to financial excellence and strategic management, solidifying its position as a trusted and reliable financial partner for its customers.

Expansion Initiatives:

As part of its strategic growth agenda, Butuuro Financial Services revealed key resolutions passed during the AGM, including plans for expansion into new territories. The institution announced the opening of a new branch in Mbarara, extending its reach and accessibility to clients in the region. Additionally, Butuuro unveiled plans to elevate its Bikurungu outreach into a fully operational branch, further enhancing its presence and service offerings.

Commitment to Excellence:

Speaking at the AGM, Prof. Eli Katunguka Rwakishaya commended Butuuro Financial Services for its remarkable achievements and commitment to excellence. He emphasized the importance of financial institutions in driving economic growth and empowering communities, praising Butuuro’s efforts in fostering financial inclusion and stability.

Looking Towards the Future:

As Butuuro Financial Services embarks on its expansion journey and continues to deliver value to its stakeholders, the institution remains steadfast in its mission to provide innovative financial solutions and superior customer service. With a strong foundation of success and a clear vision for the future, Butuuro is poised to continue its growth trajectory and make a lasting impact in the financial landscape of Uganda.

About Butuuro Financial Services:

Butuuro Financial Services is a leading financial institution in Uganda, dedicated to providing comprehensive banking and financial solutions to individuals and businesses. With a focus on innovation, integrity, and customer satisfaction, Butuuro is committed to driving financial inclusion and prosperity across the country.

For more information about Butuuro Financial Services and its range of products and services, please visit Our Website