The various speakers of the day in a group photo In 2012, dfcu Bank was one of the first local banks to develop personalised banking services for individual affluent customers in a bid to protect and increase their individual and business assets. It’s upon this background that dfcu Bank hosted a selection of
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Charles M. Mudiwa - CEO and Managing Director - dfcu Bank dfcu Limited has today announced its interim 2023 half year results with strong institutional capabilities propelling the business to thrive and deliver improved performance. dfcu saw its profit after tax grow by 56% to Shs29.3bn compared to Shs18.7bn recorded over the same
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Parliament has increased the minimum paid up cash capital requirements of Microfinance Deposit-taking Institutions (MDIs) from 25,000 currency points (Shs500M) to 250,000 currency points (Shs5Bn), which is half the value the Ministry of Finance had proposed of 500,000 currency points (Shs10Bn). The decision followed a report by Amos Kankunda, Chairperson
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Sandra Kaggwa, the Manager of Asset Finance at dfcu Bank In the ever-evolving landscape of financial empowerment, innovation takes center stage. We are thrilled to present an exclusive interview with a driving force behind one such innovation - Sandra Kaggwa, the Manager of Asset Finance at dfcu Bank. In this
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Officials from Uganda Cooperative Alliance Limited appearing before Parliament’s Finance Committee Managers of the Savings and Credit Cooperative Societies (SACCOs) have rejected the proposed increment of the share capital requirement fronted by Bank of Uganda for Microfinance Deposit Taking Institutions (MDIs) from 25,000 currency points (Shs500M) to 500,000 currency points (Shs10bn), warning
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Front Row (2nd Left to Right) – Marietta Mwesigwa (Chief Risk Officer, Housing Finance Bank), Anne Abeja (Company Secretary, Housing Finance Bank), Kato Muhumuza (Dean of Students, Ndejje University) and Doreen Nyiramugisha (Head of Marketing & Communications, Housing Finance Bank) with Ndejje Angels team. In a strategic move towards building
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Kenyan banks are aggressively going after high-profile clients, including giant corporations and prominent billionaires, amid a fresh wave of corporate defaults that are leaving lenders with a pile-up of bad loans. Ecobank is the latest to tap the services of auctioneers as it moves to sell properties belonging to Kenyan
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L-R: Andrew Kabeera (Executive Director, PostBank), Japhet Aritho (Managing Director, Airtel Money), Edward Nkangi (Executive Director, Pride Microfinance), Hon. Kabuye Kyofatogabye (Minister of State for Kampala Capital City and Metropolitan Affairs), Micheal Mugabi (Managing Director, Housing Finance Bank) and Julius Kakeeto (Chief Executive Officer, PostBank) at the launch of the
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Government officials and representatives from different entities poses for a picture during the launch of the Uganda-South Africa Trade and Investment Summit dfcu Bank has been unveiled as one of the key strategic partners of the Uganda-South Africa Trade and Investment Summit which will take place in September at Speke Resort Munyonyo. The
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More Ugandans subscribing to mobile banking are using the platforms to withdraw money from their bank accounts, than those using them to deposit, according to the service providers. This is one of the findings and developments in the banking and financial technology (Fintech) industries that will form the discussions at
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