Dfcu Bank has cut its dividend payout by more than 60 per cent for the period ended December 2020 due to the need to reserve capital to withstand and absorb shocks that may crop up as a result Covid-19. The cut means that shareholders will receive just Shs17.38 for each share or a cumulative total […]
On its quest to become a digital bank (4.0), dfcu bank launched a campaign dubbed “Banking at the Speed of you” which is part of its digital transformation journey, in a two-part series, we caught up with Lloyd Jonathan Busuulwa, Head of Alternative Channels, dfcu Bank who continues to shed more light on the bank’s […]
Dfcu top officials attending the Annual General meeting in Kampala this Thursday Dfcu bank’s asset base increased by 18 percent from Shs 2,958 billion to Shs 3,498 billion in 2020 despite net loan loss provisions increasing by 107 percent from Shs 14 billion in 2019 to Shs 30 billion. The bank attributed the increase in […]
Businessman Sudhir Ruparelia talks to the media. Five Supreme Court Justices have unanimously dismissed an application by Bank of Uganda to amend its appeal in which it challenges a ruling by the appellant court in favor of former owner of Crane Bank and Meera Investments ltd. If successful, the amendment would have reversed the several […]
Rukh-Shana Namuyimba has resigned her position at dfcu Bank (PHOTO /Courtesy). KAMPALA —dfcu Bank has confirmed that their Manager Communications & Events Rukh-Shana Namuyimba will leave the bank at the end of July 2021. Namuyimba endured a torrid four and a half year spell at dfcu Bank after joining in 2017. She joined dfcu in […]
Future performance remains uncertain due to the ongoing COVID-19 lockdown Kampala, Uganda | JULIUS BUSINGE | Stock turnover at the Uganda Securities Exchange recorded a 74% growth in the second quarter of this year to Shs5.9bn compared to the previous session as energy and banking dominated trading. Electricity distributor, Umeme, took the first position, posting […]
BoU Governor, Emmanuel Tumusiime Mutebile Professor Emmanuel Tumusiime Mutebile, the Governor of the Bank of Uganda (BOU) has tipped players in the banking sector to draw broader investment strategies instead of focusing on short term profits. Mutebile was addressing members during the first virtual annual conference of the Uganda Bankers Association (UBA) held in Kampala […]
Lloyd Jonathan Busuulwa, Head of Alternative Channels, dfcu Bank By Lloyd Jonathan Busuulwa On its quest to become a digital bank (4.0), dfcu bank launched a campaign dubbed “Banking at the Speed of you” which is part of its digital transformation journey. In a two-part series, we caught up with Lloyd Jonathan Busuulwa, Head of […]
Future performance remains uncertain due to the ongoing COVID-19 lockdown Kampala, Uganda | JULIUS BUSINGE | Stock turnover at the Uganda Securities Exchange recorded a 74% growth in the second quarter of this year to Shs5.9bn compared to the previous session as energy and banking dominated trading. Electricity distributor, Umeme, took the first position, posting […]
DFCU Limited shareholders to receive a Dividend Payment of UGX 17.38 per share on 9th September 2021. This only applies to shareholders on the Company’s Register of Members as on 30th August 2021.
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