dfcu Bank taking Amolatar sesame farmer, 19 others to Nairobi

dfcu Bank taking Amolatar sesame farmer, 19 others to Nairobi

Geneber Outspan Organic Farmers from Amolatar District in Northern Uganda are buoyed by an upcoming trip to the Kenyan capital, Nairobi in January 2018. The investment group recently clinched a nationwide campaign targeted at driving a savings and investment culture in country sponsored by dfcu Bank, in partnership with NTV Uganda and Price Waterhouse Coopers (PwC). The campaign, which […]

Crane Bank saga: Shs200bn bail out money goes missing

Crane Bank saga: Shs200bn bail out money goes missing

DFCU Bank may have officially taken over Crane Bank, but tycoon Sudhir Ruparelia bank’s ghost may not settle soon. The opposition party Forum for Democratic Change is demanding the government to account for the Shs200 billion that was given to Crane Bank as a bail out before it was sold off. The Bank of Uganda […]

Crane Bank finally sold to DFCU

Crane Bank finally sold to DFCU

Bank of Uganda Governor Tumusiime Mutebile in exercise of its powers as receiver, under Sec 95(1)(b) of FIA, has confirmed that the institution has conveyed embattled Crane Bank’s assets to the Development Finance Company of Uganda Bank Limited and commonly known as DFCU. Governor Mutebile says DFCU emerged overall winner among thirteen institutions that bid […]