Hoima, Uganda | THE INDEPENDENT | On June 17, Diamond Trust Bank opened a new branch in Hoima, along Main Street Hoima City in the mid-Western region of Uganda. The opening of the Hoima branch brings DTB Uganda’s branch network to 36. This comes in line with the bank’s …
Read More »FULL DETAILS: The Kiggundu, DTB Loan Case
Supreme Court Orders Fresh Hearing in Kiggundu, DTB Loan Case Kampala, Uganda | THE INDEPENDENT | The Supreme Court in Kampala has ordered a fresh hearing in a case in which businessman Hamis Kiggundu is seeking to recover more than 120 billion Shillings from Diamond Trust Bank Uganda and Diamond …
Read More »SUPREME COURT: $11m DTB loan to Hamis Kiggundu legal
Kampala, Uganda | THE INDEPENDENT | The Supreme Court has today given its judgment in the Ham Enterprises and Hamis Kiggudu vs Diamond Trust Bank case. Court says the loan to Kiggundu was legal. (read full judgment below ) Businessman Kiggundu had petitioned the Supreme Court in Kampala asking them …
Read More »ULS members clash over Kiggundu, DTB Supreme Court case
Kampala, Uganda | THE INDEPENDENT | Members of the Uganda Law Society have clashed over the pending appeal in the Supreme Court where businessman Hamis Kiggundu is seeking to recover 120 billion shillings from Diamond Trust Bank Uganda and Diamond Trust Bank Kenya. The pending appeal in the Supreme Court …
Read More »Kiggundu moves to block judgement delivery in DTB 120b loan case
Kampala, Uganda | THE INDEPENDENT | Businessman Hamis Kiggundu has petitioned the Supreme Court in Kampala asking them not to deliver their judgement as planned, in the case in which he wants to recover 120 billion shillings from Diamond Trust Bank Uganda and Diamond Trust Bank Kenya. The application by Kiggundu …
Read More »DTB CASE: Chaos at Supreme Court as Kiggundu demands to be heard
Kampala, Uganda | THE INDEPENDENT | Chaos unfolded at the Supreme Court in Kampala Thursday morning as businessman Hamis Kiggundu demanded to be heard in his pending application in a case in which, he seeks to recover Shillings 120 billion from Diamond Trust Bank (DTB) Uganda and Kenya. Kiggundu’s lawyers, …
Read More »DTB CASE: Supreme Court summons 17 law firms
Kampala, Uganda | THE INDEPENDENT | The Supreme Court Registrar has summoned lawyers from 17 law firms for a pre-hearing conference scheduled to commence on Thursday. The conference, presided over by Lady Justice Elizabeth Musoke, aims to address legal matters and establish the framework for arguments and submission timelines in …
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 »Dfcu, DTB deliver solid H1 profits, but uncertainty remains
BoU raised policy rate for a third straight time in a row signaling boost to interest rates | THE INDEPENDENT | Dfcu and DTB have recorded a surprise profit for the first six months of the year but the uncertainty remains ahead due to the prevailing tough economic times. Dfcu …
Read More »Kenya’s I&M completes majority acquisition of Orient Bank
What it means for clients and banking sector Kampala, Uganda | JULIUS BUSINGE | Kenya’s I&M Bank has completed the majority acquisition of Orient Bank Ltd from 8 miles LLP and Morka Holdings Limited, executives said on April.30. The Kenyan lender follows the footsteps of DTB, KCB, Equity and NCBA …
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