Tag Archives: DFCU Bank

Kampala, Uganda | THE INDEPENDENT | dfcu bank’s profit after tax has more than doubled to Shs 30.6bn for 2022 owing to a sharp drop in operating expenses. The lender’s impairment losses on financial instruments fell from Shs 148bn in 2021 to Shs 88bn as interest payment on deposits dropped from …

Kampala Uganda | PATRICIA AKANKWATSA | In commemoration of March as Women’s Month, a time to consciously celebrate the achievements of women while committing to doing more to enable gender equality, Patricia Akankwatsa of The Independent spoke to Hope Ekudu the Chief Operating Officer at dfcu Bank about “Driving inclusion …

Kampala, Uganda | THE INDEPENDENT | dfcu Bank has partnered with CR2, a global-leading banking software company to upgrade its ATM, Card and Payments Management Platform. The partnership between dfcu and CR2 will build the Bank’s technological capability and will start by enhancing the customer experience across cards, ATMs, and payments. dfcu …

Kampala, Uganda | THE INDEPENDENT | Dfcu bank has launched a home loans campaign- aimed at driving up home ownership among its customer base in Uganda and the Diaspora, through provision of affordable financing solutions. The enhanced proposition gives existing and potential customers the option to purchase homes at an …

Kampala, Uganda | THE INDEPENDENT | Dfcu bank has unveiled mobile-based micro-loans to its customers as it strives to tap into a larger pool of small savers who on most cases do not have collateral security. The new product dubbed mobiloan has been unveiled in partnership with the Nairobi-based digital firm, …

Kampala, Uganda | THE INDEPENDENT | Dfcu Bank has boosted the Uganda Cancer Institute with a new 100-seater shelter and refurbished children’s play area to provide the outpatients with a secure and decent waiting area and the children with an updated and fun playing area. This follows a pledge made …

Kampala, Uganda | THE INDEPENDENT | DFCU bank has been tasked to explain its move to evict 250 families in Tororo before the expiry of their loan term. Chris Sserunkuma, the in-charge of Special Assets at DFCU Bank appeared before the Physical Infrastructure Committee of Parliament on Wednesday following a petition …

Kampala, Uganda |  THE INDEPENDENT  |  At least 400 former employees of Crane Bank Limited have petitioned the High Court in Kampala seeking orders to compel DFCU Bank to produce documents that were allegedly withheld by the bank after their dismissal. The group was employed by Crane Bank Limited until …

Kampala, Uganda |  THE INDEPENDENT |  Xsabo Group says they plan to build another three projects, which will bring the number to five plants with a total installed capacity of 150 MW, worth a total investment of 735 Billion Shillings. The company received funding for the Mubende project worth 63 …

Kampala, Uganda | THE INDEPENDENT | Bank of Uganda (BoU) has the started process for complete closure of Crane Bank Limited, a move that will see the defunct lender’s chapter closed for good. The Central Bank as a liquidator issued a statement on Friday. A liquidator is an officer or entity …