Tag Archives: DFCU

Kampala, Uganda | JULIUS BUSINGE | French Development Finance Institution, Proparco has arranged a US$30m senior debt facility to support dfcu bank in bridging the long-term financing gap for small businesses. Proparco extended financing of US$15m alongside US$15m from FMO (the Dutch Development Bank) to dfcu. The facility is primarily earmarked …

Kampala, Uganda | THE INDEPENDENT | Parliament’s committee on Commissions, Statutory Authorities and State Enterprises (COSASE) has cited possibility of conflict of interest in the sale of Global Trust Bank to DFCU. The committee in Friday continued its investigation into a decision by Bank of Uganda (BoU) to sale the Bank …

What it will take to turnaround fortunes of a bank with negative publicity and mixed performance Kampala, Uganda | JULIUS BUSINGE | The new Chief Executive Officer of dfcu bank is many things that his predecessor is not. He is an economist, young and top business executive. He also holds a …

The lender’s solid asset base, good brand recognition and a good team could stir revenue growth Kampala, Uganda | ISSAC KHISA | Dfcu Bank seem to have come to the end of its short golden run in the first half of this year with double digit drop in its net …

Links with recent uproar over Bagyenda, dfcu Kampala, Uganda | HAGGAI MATSIKO | Gen. Caleb Akandwanaho aka Salim Saleh is urgently seeking to sort out the Crane Bank, BoU, and dfcu Bank saga, The Independent has learnt. Sources close to the General who is the de facto Number Two in his …

Stanbic records sharp drop in profits as DFCU’s NPL nearly doubles Kampala, Uganda | ISAAC KHISA | Uganda’s banking industry appears to be heading towards tougher times again, according to the industry executives.This is owed slow private sector credit growth, volatile trading security market and the declining interest rates amidst …

    DFCU DEAL: Taxpayer stands to lose Shs300bn  Kampala, Uganda | HAGGAI MATSIKO | When Juma Kisaame; the Managing Director of DFCU Bank, looks at its latest financial results, he might have reason to smile and to worry. The bank’s latest financial results have excited shareholders but are also …

Kampala, Uganda | THE INDEPENDENT | The top stories in this week’s THE Independent. COVER STORY DFCU profits expose BoU: Taxpayer stands to lose Shs300bn THE LAST WORD Uganda’s new villain: Why the country and the President is fighting the wrong enemy on electricity tariff BANKING Uganda’s banks brace for …

Kampala, Uganda | THE INDEPENDENT | Under its NGO Proposition component, DFCU bank is reaching out to non-governmental organizations with several products. Speaking to over 150 NGO representatives operating in Uganda on March 16 in Kampala, the Bank’s Chief of Business and Executive Director, William Ssekambe, said NGOs need to look …

Kampala, Uganda | THE INDEPENDENT | Record keeping, formalizing business, paying taxes, forming groups or networks are among the key issues that Dfcu Bank is engaging women in business to do if they are to succeed. Last week, the bank organized financial literacy sessions in Kampala, Mbale, Gulu and Mbarara where …