Kampala, Uganda | THE INDEPENDENT | The Civil Division of the High Court has ordered DFCU Bank to unfreeze a customer account it had frozen since 2023 on allegations of money laundering. In her ruling, Judge Joyce Kavuma found that DFCU bank had breached public trust when it froze the …
Read More »Parents win cash as dfcu rewards first School Fiiz! Weight Off campaign winners
Kampala, Uganda | THE INDEPENDENT | dfcu Bank has rewarded eight customers in the ongoing nationwide “School Fiiz! Weight Off!” campaign, reaffirming its commitment to easing the financial pressure that comes with the back-to-school season for parents and school owners across Uganda. The winners received their cash prizes at dfcu …
Read More »From Uganda to the Netherlands: dfcu Bank helps equip farmers with global agribusiness skills
Kampala, Uganda | THE INDEPENDENT | dfcu Bank, in partnership with Vision Group, the Embassy of the Kingdom of the Netherlands, KLM Royal Dutch Airlines, and Koudijs BV, has officially flagged off the winners of the 2024 Best Farmers Competition for a transformative, week-long study tour in the Netherlands. The ceremony, …
Read More »dfcu’s Charles Mudiwa champions vocational education as key to Uganda’s transformation
Kampala, Uganda | THE INDEPENDENT | Charles Mudiwa, the Chief Executive Officer of dfcu Bank, has emphasized the need to prioritize vocational education as a pathway to transforming Uganda’s education system and driving sustainable community development. Speaking on August 30 during the official launch of the Rotary Club of Kampala-Blue …
Read More »A New Chapter: dfcu Foundation to drive inclusive economic empowerment across Uganda.
dfcu Bank Transitions from ADC to dfcu Foundation: expanding impact nationwide. Mbarara, Uganda | THE INDEPENDENT | dfcu Bank has officially launched the dfcu Foundation in Mbarara district, a rebrand of the Agribusiness Development Centre (ADC) under the theme ‘’A New Name, A Renewed Commitment.’’ The launch reiterates the foundation’s commitment …
Read More »DFCU Bank, Commissioner Land Registration fined shs810m for illegally holding onto land titles
KAMPALA, UGANDA | THE INDEPENDENT | DFCU Bank and the Commissioner of Land Registration have been ordered by the court to pay 810 million Shillings to 27 people in damages for refusing to release their land titles for land they had bought from Hosanna Real Estates. Judge Suzan Abinyo of …
Read More »INTERVIEW: Exploring dfcu Bank’s Mobi Loan with Gloria Kunihira Mujuni
dfcu Bank’s Mobi Loan: Instant Cash, Zero Paperwork – Here’s How It Works. Need Quick Cash? dfcu’s Mobi Loan Delivers in Minutes – We Talk to an Expert. Unlock Financial Freedom: How dfcu’s Mobi Loan is Changing the Game. Flexible, Fast, and Fully Digital: dfcu’s Mobi Loan Puts You in …
Read More »Chief Risk Officer: dfcu Bank appoints Hope Lorna Nakhayenze
Kampala, Uganda | THE INDEPENDENT | dfcu Bank has announced the appointment of Hope Lorna Nakhayenze as its new Chief Risk Officer, effective 1st March 2025. The Bank stated that in this role, she would be responsible for overseeing risk management under the direction of the Board Risk Committee. …
Read More »Bridging the Gap: How the GROW project is connecting women entrepreneurs to financial resources in Uganda.
OPINION | Helena Mayanja | The launch and execution of the GROW Initiative, a program which offers a monumental opportunity for women entrepreneurs across the country, to receive funding, business advisory and networking opportunities, in a bid to grow profitable businesses, has been positively received around the country. Already, thousands of women …
Read More »dfcu Bank Posts 45% Surge in Net Profit on Lower Credit Losses and Strategic Fee Growth
Kampala, Uganda | THE INDEPENDENT | dfcu Bank has recorded a robust 45% increase in net profit to Shs 42 billion for the first half of 2024, buoyed by significant reductions in credit losses and strategic cost management. This marks a substantial rise from Shs 29 billion in the same period …
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