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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.
He was appointed as the non-executive chairman of the Uganda National Oil Company (UNOC), effective March 2024. [1] Previously, from January 2019 [2] until January 2023, he was the managing director and chief executive officer of DFCU Bank, a commercial bank in Uganda. [3]
The currency was issued by the East African Currency Board, a London-based body. In 1966, the Bank of Uganda (BoU), which controlled the issue of currency and managed foreign exchange reserves, became the central bank and national banking regulator. The government-owned Uganda Commercial Bank and the Uganda Development Bank were launched in the ...
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.
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.
The Uganda Retirement Benefits Regulatory Authority (URBRA) is a government-owned, semi-autonomous agency responsible for regulating, licensing, supervising, and controlling the retirement sector in Uganda, the third-largest economy in the East African Community. The authority is also responsible for issuing guidelines to allow the ...