Kampala, Uganda | THE INDEPENDENT | Diamond Trust Bank (DTB) has officially been awarded the ISO 27001:2022 certification, a globally recognized standard for establishing, implementing, maintaining, and continuously improving an Information Security Management System (ISMS). This milestone, the bank said on July 30, marks its commitment to safeguarding customer data, …
Read More »DTB’s Ssebaana challenges contractors to embrace financial discipline to unlock bank financing
Kampala, Uganda | THE INDEPENDENT | Diamond Trust Bank (DTB) Chief Executive Officer, Geofrey Ssebaana, has urged players in Uganda’s construction sector to adopt stronger financial discipline, forge strategic partnerships, and integrate sustainability into their operations as key prerequisites for accessing financing from the country’s banking institutions. He emphasized …
Read More »DTB’s Ssebaana calls for innovative, sustainable industrial financing reform
Kampala, Uganda | THE INDEPENDENT | Diamond Trust Bank’s Chief Executive Officer, Godfrey Ssebaana, has issued a clarion call for a paradigm shift in how Uganda finances its manufacturing sector. Speaking at the Second Annual Uganda Manufacturers’ Association (UMA) Financial Symposium and Exhibition held in Kampala on June 10, Ssebaana …
Read More »Diamond Trust Bank, Xpress Money sign money remittance deal
Kampala, Uganda | THE INDEPENDENT | Diamond Trust Bank Uganda today (Nov.12) announced a partnership with Xpress Money, an international money transfer service, to simplify and expand remittance access for Uganda’s diaspora community. “We are thrilled to join hands with Xpress Money to boost our remittance offerings,” said DTB Uganda’s Chief …
Read More »DTB bids farewell to former managing director Varghese Thambi
Kampala, Uganda | THE INDEPENDENT | The Diamond Trust Bank has bid farewell to its former Managing Director, Varghese Thambi, marking the end of his 17-year tenure with the bank. Thambi, who joined DTB in 2007, was hailed by the Deputy Governor of the Bank of Uganda, Michael Atingi-Ego, for …
Read More »Diamond Trust Bank, UAP Old Mutual sign partnership
Kampala, Uganda | THE INDEPENDENT | Diamond Trust Bank and UAP Old Mutual Insurance Uganda have entered a partnership to deliver general and medical insurance products and services to customers. The Partnership makes DTB a one-stop centre for both banking and insurance services in the two partner companies’ …
Read More »DTB, TerraPay partner to cut costs of remittances
Kampala, Uganda | THE INDEPENDENT | A new partnership between Diamond Trust Bank and payment services company, TerraPay, could cut by more than half the cost of sending money from other countries to Uganda. Currently, it costs an average of 6.2 percent to send money between countries, and about 7.3 …
Read More »Diamond Trust Bank donates food items to Muslims in Kampala
Kampala, Uganda | THE INDEPENDENT | Muslims dwelling in Kampala city have received an Iftar food package to celebrate Eid as they end the Ramathan season, thanks to Diamond Trust Bank. The food items include sugar, rice, cooking oil and more. The amount spent by the Bank on the …
Read More »Kiggundu appeals against appeal court on UGX 120 billion decision
Kampala, Uganda | THE INDEPENDENT | Kampala businessman Hamis Kiggundu has filed a notice of appeal against Court of Appeal decision which nullified orders by Commercial Court directing Diamond Trust Bank Uganda and Diamond Trust Bank Kenya to refund more than 120 billion shillings to him. Three Justices of the Court …
Read More »Court of Appeal orders review of DTB, Kiggundu case
Kampala, Uganda | THE INDEPENDENT | The Commercial Court wrongly awarded businessman Hamis Kiggundu Shillings 120 billion in his case against Diamond Trust Bank-DTB, according to the Court of Appeal Justices. Delivering their ruling this afternoon, a panel of three Justices of the Court of Appeal comprising the Deputy Chief Justice, Richard …
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