Dfcu owners to seek new Executive Director after Sekabembe quits

Dfcu owners to seek new Executive Director after Sekabembe quits

DFCU Bank, registered as the Development Finance Company of Uganda Bank Limited will take its time to replace Chief of Business & Executive Director William Sekabembe after his resignation, dampening hopes of a speedy restructuring or even a break-up of the trouble commercial bank. Sekabembe’s resignation came less than a fortnight after CDC Group Plc, […]

Shs100 million up for grabs in dfcu Bank’s Battle for Cash challenge

Shs100 million up for grabs in dfcu Bank’s Battle for Cash challenge

Kampala, Tuesday 26th June 2018– dfcu Bank, in partnership with NTV Uganda and Price Waterhouse Coopers (PwC) have launched Season II of the Investment Clubs Challenge dubbed ‘Battle for Cash.’  Battle for Cash is a nationwide campaign targeted at instilling a savings and investment culture in Uganda. In 2017, dfcu Bank held a six-month long […]

dfcu Bank could close 46 branches in fresh legal battle

dfcu Bank could close 46 branches in fresh legal battle

Meera Investments has dragged dfcu Bank to Land Division of the High Court, seeking to reclaim its 46 branches that were allegedly acquired illegally countrywide following the dissolution of Crane Bank. Should court agree with the arguments of Meera Investments, all the 46 country wide dfcu Bank branches will be closed and reverted to them. […]

dfcu Bank formally gets license for Bancassurance

dfcu Bank formally gets license for Bancassurance

dfcu customers and the general public can now purchase a wide range of insurance products, including motor vehicle cover, fire and burglary, Child Education, goods in transit and so much more from dfcu Bank. This after the Insurance Regulatory Authority of Uganda granted dfcu Bank a license to offer bancassurance services to its customers. As […]

dfcu donates cement to renovate Pece stadium

dfcu donates cement to renovate Pece stadium

The dilapidated Pece War Memorial Stadium will finally get a much needed makeover ahead of the Federation of East African Secondary Schools Sports Association (FEASSA) Games slated for August this year with dfcu Bank has today handed over 1,000 bags of cement valued at over UGX 30 million. Despite Acholi youths being known for their sportsmanship […]

Dfcu’s new ‘Battle for Cash’ promo to net young business people

Dfcu’s new ‘Battle for Cash’ promo to net young business people

Local economic giant, dfcu Bank is today launching a new campaign dubbed “Battle for Cash.” The campaign will target Investment Clubs with the objective of empowering them with Business Enterprise Skills. The campaign will run for six months and give each participating club the chance to pitch their business ideas to a panel of judges […]

dfcu Bank sets up agriculture advisory center

dfcu Bank sets up agriculture advisory center

Thirteen small and medium scale farmers are set to spend one week in Netherlands on a learning expedition in what is the world’s second largest exporter of agricultural produce. On their visit, the farmers will visit some of the most successful farmers taking advantage of partnership opportunities as well as exploring innovations and best practice […]

Dfcu finally fires 300 former Crane Bank workers

Dfcu finally fires 300 former Crane Bank workers

The top bosses of dfcu Bank have finally done what was expected. At least 300 employees formerly working with Crane Bank Limited have been showed the exit door. According to available information, Crane Bank was employing about 700 people but only 450 managed to keep their jobs. This follows the January takeover of Crane Bank […]