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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Kampala, Uganda | THE INDEPENDENT | dfcu Bank has entered into a partnership with Pesapal, a leading secure payments service provider, to introduce Merchant Acquiring services for its customers. The collaboration aims to facilitate seamless Card and Mobile Money payments for dfcu Bank’s customers, addressing the growing demand for digital payment …
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Kampala, Uganda | THE INDEPENDENT | dfcu Bank was recently unveiled as the official Bank Partner for the “Boyz II Men Live in Kampala” concert. Boyz II Men is one of the most iconic R&B groups in the music industry’s history. Uganda is the second leg of their first-ever Africa tour. …
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Kampala, Uganda | THE INDEPENDENT | dfcu Bank has launched its new digital account, “Digito ku Spot’, which supports self-onboarding allowing customers to have an elevated account opening experience. This innovative account is specifically designed to provide customers with quick and easy access to financial services, with the added convenience of …
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Kampala, Uganda | THE INDEPENDENT | dfcu bank’s profit after tax has more than doubled to Shs 30.6bn for 2022 owing to a sharp drop in operating expenses. The lender’s impairment losses on financial instruments fell from Shs 148bn in 2021 to Shs 88bn as interest payment on deposits dropped from …
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Kampala Uganda | PATRICIA AKANKWATSA | In commemoration of March as Women’s Month, a time to consciously celebrate the achievements of women while committing to doing more to enable gender equality, Patricia Akankwatsa of The Independent spoke to Hope Ekudu the Chief Operating Officer at dfcu Bank about “Driving inclusion …
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Kampala, Uganda | THE INDEPENDENT | dfcu Bank has partnered with CR2, a global-leading banking software company to upgrade its ATM, Card and Payments Management Platform. The partnership between dfcu and CR2 will build the Bank’s technological capability and will start by enhancing the customer experience across cards, ATMs, and payments. dfcu …
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Kampala, Uganda | THE INDEPENDENT | Dfcu bank has launched a home loans campaign- aimed at driving up home ownership among its customer base in Uganda and the Diaspora, through provision of affordable financing solutions. The enhanced proposition gives existing and potential customers the option to purchase homes at an …
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Kampala, Uganda | THE INDEPENDENT | Dfcu bank has unveiled mobile-based micro-loans to its customers as it strives to tap into a larger pool of small savers who on most cases do not have collateral security. The new product dubbed mobiloan has been unveiled in partnership with the Nairobi-based digital firm, …
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Kampala, Uganda | THE INDEPENDENT | Dfcu Bank has boosted the Uganda Cancer Institute with a new 100-seater shelter and refurbished children’s play area to provide the outpatients with a secure and decent waiting area and the children with an updated and fun playing area. This follows a pledge made …
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The Independent Uganda: You get the Truth we Pay the Price