Dfcu Group
Dfcu Limited: Post annual general meeting resolutions
The following were agreed and resolved at the 60th Annual General Meeting of Dfcu Limited, which was held at the Hotel Africana in Kampala on Thursday, 10 July 2025
Dfcu profit soars 40% after bank releases loan loss reserves
Profits at Dfcu Limited rose more than 40 per cent in the first six months, but the company, which derives most of its revenue from Dfcu Bank, reported a fall in income
Dfcu profit rebounds following drop in bad debt provisions
Prudent loan approach and lower bad debt provisions boost net profit at lender
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
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
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
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".
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
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 loanMore Dfcu Group
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
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
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.
Dfcu has a new majority shareholder after South Africa-based Arise takes stake
Arise B.V., an investment company based in Cape Town, has acquired a majority stake in dfcu Limited, the holding company of dfcu Bank.
Dfcu Bank profits up 25% in 2016
Dfcu Bank Limited increased after-tax profit by 25% to Shs46.3 billion in the year to December 2016 despite a tumultuous year for the banking sector, according to summary financials released on Tuesday.
Dfcu ends lay-offs, to offer contracts to former Crane Bank employees
Dfcu Bank will offer new contracts to former Crane Bank employees left over from the integration of the two lenders, a memo sent to staff on Monday said. The new contracts will become effective on 1 April.
South Africa-based fund Arise lends $50 million to dfcu
Arise, an investment company based in Cape Town, is lending $50 million to dfcu Bank to help cover short-term capitalisation of the lender, weeks after it purchased the insolvent Crane Bank.
Company profile: Dfcu Group & Dfcu Bank
Dfcu became a commercial bank in 2000 after taking over and renaming Gold Trust Bank. But it had operated in Uganda since 1964, when it was set up by the Uganda government and the UK's Commonwealth Development Corporation (CDC).
DFCU takes over Crane Bank
DFCU Bank has taken over Crane Bank, Bank of Uganda revealed today - three months after the troubled lender was placed under statutory management by the central bank.
Dfcu profits rise 70.71% in first half of 2016
Dfcu bank on Friday released provisional half-year results showing a 70.71% growth in net profit and 20.08% growth in net income. Net profit for the period was Shs23.32 billion compared Shs13.66 billion for the first half of 2015.