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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
August 24, 2023
Companies
Markets
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
April 7, 2022
Executive Profiles
Movers & Shakers
Profile: Juma Kisaame
Kisaame was thrown into the deep end at Dfcu Bank when senior bank officials were accused of complicity in the Global Fund corruption scandal, which forced his predecessor to leave after less than two years on the job
April 5, 2020
Companies
Corporate earnings and results
Markets
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
April 2, 2020
Companies
Corporate earnings and results
Markets
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".
August 26, 2018
Companies
Markets
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
July 8, 2018
Markets
Dfcu’s Shs200bn rights issue 95.21% subscribed
Dfcu Limited, the holding company of Dfcu Bank, raised Shs190.6bn in a rights offering to settle a shareholder loan
October 5, 2017
Companies
Markets
Dfcu to raise Shs200bn in rights issue
Dfcu Limited, the holding company of dfcu Bank, announced Monday that it expects to raise Shs200 billion by selling new shares in a rights issue to settle a shareholder loan
September 4, 2017
Companies
Corporate earnings and results
Dfcu gets profit boost from Crane Bank acquisition
The first financials released by Dfcu Bank since its acquisition of Crane Bank this January show a rapid rise in the bank's profits and asset base
August 15, 2017
Companies
Crane Bank Rwanda to be sold to CBA — report
Crane Bank Rwanda is to be acquired by the Commercial Bank of Africa, according to a report by Rwanda's New Times newspaper.
May 10, 2017
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