Dfcu Bank

Corporate earnings and results

Dfcu profit rebounds following drop in bad debt provisions

Prudent loan approach and lower bad debt provisions boost net profit at lender
CompaniesMarketsMovers & Shakers

Kate Kiiza named Dfcu Bank executive director amid leadership overhaul

Leadership shifts continue at Dfcu Bank as Kate Kiiza takes on chief commercial officer role
A female bank executive speaks at a press conference
CompaniesMarkets

Dfcu names new group and bank chairs

Dfcu Group has appointed experienced business executive Jimmy Mugerwa to chair the financial services company, while Winifred Tarinyeba-Kiryabwire will replace Mr Mugerwa as non-executive chair of Dfcu bank
CompaniesCorporate earnings and resultsMarkets

Dfcu warns profit will be hit by loan provisions

Dfcu Group warned Friday its full-year earnings for 2021 will fall by as much as 25 per cent on an increase in loan-loss provisions and the impairment of some assets acquired from Crane Bank
Executive ProfilesMovers & Shakers

Profile: Mathias Katamba, chief executive of Dfcu Bank

Mathias Katamba was named as the chief executive designate of Dfcu Bank on 31 October and took over from Juma Kisaame, who had led the bank for over 11 years, in January 2019
CompaniesCorporate earnings and resultsMarkets

Dfcu profit rebounds as revenues recover

Dfcu Bank has reported a large rebound in profitability helped by strong growth in fees and commissions income, with the company's results boosted further by a drop in operating expenses
CompaniesCorporate earnings and resultsMarkets

Dfcu Group’s first-half profits “normalise” after Crane Bank integration

Dfcu Group, the parent company of Dfcu Bank, posted a decline in half-year income and profits, which an accompanying statement said had "normalised following the integration of the acquired net assets of Crane Bank Limited".
A Dfcu Bank branch in Kampala
CompaniesPolitics & Policy

Banks should strengthen defences against fake news — Mutebile

In an address to the Uganda Bankers Association, the governor of the Bank of Uganda said false allegations to malign Dfcu had failed. He added that banks should do more to ward off reputational risk by, among other strategies, combatting fake news
A Dfcu Bank branch on Kampala Road
CompaniesMarkets

Dfcu, Arise deny reports that major shareholders are exiting

Dfcu Limited and its wholly owned subsidiary, Dfcu Bank, have denied rumours that its two largest shareholders are seeking to sell their stakes in the company, which is listed on the Uganda Securities Exchange
A Dfcu Bank branch in Kampala
EconomyMarketsPolitics & Policy

Crane Bank was bankrupt when taken over by BoU: Kasekende

Bank of Uganda's deputy governor Lois Kasekende says the successful resolution of Crane Bank in January 2017 is the main reason for the improvement in financial soundness indicators of the banking system last year
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