The embattled dfcu bank has come out to dismiss claims that it has commenced closure of 22 branches countrywide which it has termed as fake news.
On Sunday, the bank issued a statement and requested the public to ignore what it refers to as non-factual stories doing the rounds on social media, that the closure starts on October 14.
“The Bank wishes to clarify that the purported notice in respect to branch closures is false and did not originate from dfcu Bank,” the notice reads in part.
The clarification notice further explains that during the bank’s annual general meeting in June, it explained that it had commenced a realignment strategy for effective and efficient customer service.
“The bank is in the process of implementing its digital strategy to drive better customer experience, improve efficiency and align its operations with emerging trends in the financial sector,” the adds.
However CEO East Africa Magazine has reliably learnt that following the dismissal, by the Commercial Court, of a case in which Bank of Uganda laid claim and sought vacant possession together with released freehold certificates of titles to 48 properties belonging to Ruparelia Group, that the central Bank had illegally sold to dfcu Bank, CEO East Africa dfcu Bank is in the process of vacating those properties.
We have obtained access to a confidential request for proposals document by dfcu Bank titled: “Consultancy Services for relocation of selected dfcu Bank branches – 2019”, issued to selected architectural firms.
Letters to My Younger Self: Robinah Siima — “Success Is Quieter, But Richer”The document reads in part: “Due to current trends in design setup, wear and tear overtime and other unavoidable business conditions, dfcu Bank would like to relocate twenty two (22) business locations across the country to new premises within the same localities.”
“To execute this task, architectural and project management services shall be required to setup new premises, relocate the existing premises, decommission the vacated premises and support vacant handover of the vacated premises to the respective property owners,” further reads the request for proposals.
Dfcu Bank’s Communications & Events Manager, Rukshana Namuyimba declined to give details and said: “a comment at this moment would be rather premature.”
Dfcu’s Executive Director, William Sekabembe also declined to divulge any details.
“No comment,” he said, when we reached him on Whatsapp.
