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The Development Finance Company of Uganda Limited was established in 1964, with its name changing in 2000 to DFCU Limited [5] and eventually to dfcu Limited. [10] In 2000, dfcu Limited acquired Gold Trust Bank, which subsequently became dfcu Bank.
DFCU Group built its new headquarters, which house the main branch of DFCU Bank.The building is known as DFCU House and rises ten stories high. Located at 26 Kyaddondo Road, on Nakasero Hill, in Kampala's central business district, the development has underground and surface parking, as well as rentable, retail and office space on several levels.
The transformation of Uganda Finance Trust Limited, from a Tier III, Deposit-Taking MFI into a Tier 1 commercial bank, Finance Trust Bank. [ 7 ] In 2011, following 5 years at the helm of Uganda Finance Trust Limited , [ 8 ] he took a beak from commercial banking until he was appointed CEO of Housing Finance Bank, in April 2014.
The Bank of Uganda reported total banking assets at USh 24.9 trillion, as at 30 June 2017, [23] with 7.4 million commercial bank accounts in the country. [24] At that time, there were 546 bank branches and 818 ATMs in Uganda. [23]
DFCU may refer to: DFCU Group , a Ugandan financial services company involved in retail banking, mortgage lending, development finance, leasing, as well as commercial real estate investments DFCU Bank , a commercial bank in Uganda; a subsidiary of DFCU Group
This is a list of commercial banks and other credit institutions in Uganda, as updated March 2023 by the Bank of Uganda [1] [2] and taking into account the more recent downgrading of three banks to other credit institutions.
He spent the final 2.5 years working as the head of corporate and institutional banking and head of commercial banking operations at Standard Chartered Bank Uganda. [1] [2] In June 2018, he was hired by DFCU Bank, working there as the chief operating officer and concurrently serving as chief digital and innovation officer at the bank for 2.25 ...
DFCU House houses the headquarters of DFCU Group and the main branch of DFCU Bank. As of December 2017, DFCU Bank was the second-largest commercial bank in Uganda by assets, with total assets in excess of UGX:3 trillion (US$800 million). [4] [5] The building rises approximately 118.65 feet (36 m) above ground, with ten office floors.
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