dfcu Bank has reaffirmed its commitment to transforming Africa’s trade landscape through inclusive financial solutions, policy advocacy, and ecosystem partnerships. Speaking as a keynote speaker at the high-level gathering, Annette…
When dfcu Bank in January 2017, acquired Crane Bank, then one of the five largest Banks in Uganda, for UGX200 billion, it had been hoped that dfcu’s market share fortunes…
For decades, dfcu Bank has been at the forefront of economic transformation in Uganda. It has played a pivotal role in empowering women entrepreneurs, breaking financial barriers, and enabling thousands…
For decades, dfcu Bank has been at the forefront of economic transformation in Uganda. It has played a pivotal role in empowering women entrepreneurs, breaking financial barriers, and enabling thousands…
In this interview, we learn about dfcu Bank’s latest promotion that allows customers to pay their utility bills at no cost. Dubbed ‘Rates Paka Chini’, this initiative aims to ease customer expenses and support the local economy by encouraging seamless payment processes. Annette Kiconco, the Chief Retail Banking Officer at dfcu Bank, talks to the CEO Magazine about the promotion. What is the main objective of dfcu Bank’s new utilities and statutory collections campaign? The primary objective of our campaign is to make utility and statutory payments more convenient, affordable and accessible for all our customers. We want to ensure…
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dfcu Bank yesterday officially launched the GROW initiative in Western Uganda, aimed at providing financial support and capacity building for women entrepreneurs. The initiative, which targets women-owned businesses, is designed to equip female entrepreneurs with the tools and resources necessary to scale and sustain their ventures. The launch event, held in Mbarara, brought together key stakeholders, including businesswomen, local government officials, and dfcu Bank executives, to underscore the bank’s commitment to supporting women in business. Western Uganda’s growing business community offers significant opportunities for women entrepreneurs to expand their enterprises, and the GROW initiative seeks to harness this potential. In…
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dfcu Bank, a cornerstone of Uganda’s financial landscape with a 60-year legacy rooted in development finance, has launched its latest business lending campaign aimed at empowering small and medium enterprises (SMEs) across the country. The initiative is a clear demonstration of dfcu Bank’s unwavering commitment to transforming lives, businesses, and communities through tailored financial solutions that cater to the unique needs of various business sectors. Speaking about the campaign, Annette Kiconco – dfcu’s Chief Retail Banking Officer said,; the business lending campaign is a testament to the bank’s commitment to providing small and medium enterprises with the financial tools they…
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dfcu Bank is set to pay a final dividend of UGX 6.8 billion to its 3,851 shareholders by August 31st after the Board of Directors made a final approval at the Annual General Meeting held at Hotel Africana on Thursday this week. Speaking on behalf of the Board of Directors, Mr Jimmy Mugerwa, the Chairman Board said the bank upheld a strong tradition of shareholder returns, proposing a dividend of UGX 9.10 per share for 2023 which represents a 2.1 percent increase from the UGX 8.91 per share distributed in 2022, underscoring our unwavering commitment to enhancing shareholder value. Mr….
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Annette Kiconco, previously the Head, Public Sector Business & Commercial Clients at Stanbic Bank, has joined dfcu Bank as its Chief Retail Banking Officer effective February 2024. Annette brings to dfcu two decades of banking experience with strong attributes in business strategy formulation and development, governance, customer service excellence, and risk management. In that role she will be the executive head responsible for driving and delivering the bank’s strategy through the personal, commercial and enterprise banking segments. Prior to Stanbic Bank, Annette also worked as the Chief Business Officer at Orient Bank (now I&M Bank Uganda), where she led the…
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dfcu Bank is set to ride on its past success in financing the agriculture sector to commit more funds meant to achieve long term productivity for farmers in Uganda. Speaking at the launch of the 10th edition of the Best Farmers’ Competition at Sight Farm in Namulonge, Wakiso District, Annette Kiconco, the dfcu Chief Retail Banking Officer said, the bank is in for the long haul with its agribusiness financing facilities and solutions for farmers in specific niches such as perennial or annual crops, poultry, or beef as well as distribution. dfcu joined other patners including Vision Group, The Embassy…
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