When The Independent recently spoke to William Sekabembe, the chief of business and executive director at dfcu about the bank’s strategy on digital banking, his comments reflected the popular view. “We are investing heavily in technology so we can serve our customers without necessarily opening new branches in all parts …
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Dfcu’s new take-over will help expand its footprint countrywide When Bank of Uganda Governor Emmanuel Tumusiime-Mutebile announced that they were transferring liabilities and assets of Crane Bank to the Development Finance Company of Uganda (Dfcu), many wondered how that was possible. Crane Bank, set up in 1995, has been the …
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THE LAST WORD Museveni freedom fighter talk: Why Museveni said he is not a servant of anyone and who may have been the target of his statement. COVER STORY IMF boss ensures 2017 budget will be `hard’:When President Yoweri Museveni, Minister of Finance, Economic Planning and Development Matia Kasaija, Governor …
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Bank of Uganda has confirmed that it has transferred the assets of Crane Bank to DFCU Bank. “In exercise of its powers as Receiver, under Sec 95(1)(b) of FIA, BoU has now transferred the liabilities (incl deposits) of CB to DFCU Bank,” Bank Governor Emmanuel Tumusiime-Mutebile told the press in …
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DFCU Bank shareholders are hopeful that 2016 will be good following the release of their company’s half year 2016 un-audited financial statements, which have indicated a Shs 9.6 billion increase in profit compared to the same period last year. According to the financial performance for the first half of the …
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By Ivan Rugambwa In 2007 DFCU Bank started an initiative known as the DFCU Women in Business program, the idea was that the bank would pioneer in creating a business enabling environment for women entrepreneurs with a special focus on small and medium Enterprises (SMEs) to flourish. But not even …
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By Julius Businge Dfcu bank has suspended its trading for four weeks on the Uganda Securities Exchange (USE) to pave way for Commonwealth Development Corporation (CDC) to sell part of its shares in the bank, an official note released on April 22 in a local daily news paper reads. CDC …
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