17.8 C
Los Angeles
Saturday, September 30, 2023

List of best Hotels Near Nyabohanse Village

List of best Hotels Near Nyabohanse Village....

List of Top Ten Comedians in Kenya

This article focuses on a List of...

Top 10 Kenyan YouTube channels with one million subscribers

Top 10 Kenyan YouTube channels with one...
HomeBusinessFinanceDFCU Bank Uganda

DFCU Bank Uganda

- Advertisement -

DFCU Bank, registered as the Development Finance Company of Uganda Bank Limited, is a commercial bank in Uganda. It is licensed by the Bank of Uganda (BoU), Uganda’s central bank and national banking regulator.



As of December 2022, DFCU Bank had total assets of UGX:3.283 trillion (US$893.78 million), and shareholders’ equity of UGX:614.5 billion (US$167.3 million).

As of 30 June 2017, dfcu Bank operated 67 branches and 100 automated teller machines. As of 30 June 2020, the bank’s total assets had increased to UGX:3.442 trillion (US$939 million), with shareholders’ equity of UGX:599.65 billion (US$163.54 million)


The Development Finance Company of Uganda Limited was established in 1964, with its name changing in 2000 to DFCU Limited and eventually to dfcu Limited. In 2000, dfcu Limited acquired Gold Trust Bank, which subsequently became dfcu Bank

- Advertisement -

In July 2014, the BoU transferred to dfcu Bank the customer deposits of the Global Trust Bank, a small retail financial institution that the BoU had closed because it never became commercially viable. The deposits were valued at UGX:73 billion.

On 27 January 2017, dfcu Bank took over Crane Bank, which had been under the statutory management of the BoU because Crane’s liabilities exceeded its assets. The acquisition included all customer deposit accounts and some loan accounts.

- Advertisement -

Ownership and affiliation

The stock of dfcu Limited, the parent company of dfcu Bank, trades on the Uganda Securities Exchange under the symbol “DFCU”. As of December 2018, the major shareholders in the stock were as outlined in the table below:

RankName of OwnerPercentage Ownership
1Arise BV58.70
2Investment Fund for Developing Countries (IFU)[1]9.97
3National Social Security Fund of Uganda7.46
4Kimberlite Frontier Africa Naster Fund7.35
5SSB Russell Investment Company Plc Fund NAS51.93
6National Social Security Fund – PineBridge1.31
7Vanderbilt University0.98
8SSB-Conrad N. Hilton Foundation0.97
9Jubilee Investment Company Limited0.76
10Bank of Uganda Defined Benefits Scheme – Sanlam0.60
11Bank of Uganda Defined Benefits Scheme – Stanlib0.59
12The Parliament Pension Scheme – Stanlib0.39
13Uganda Revenue Authority Staff Retirement Benefits0.38
14Centenary Bank Staff Defined Contributory Scheme0.38
15Makerere University Retirement Benefits Scheme0.31
16Sudhir Ruparelia0.29
17Rakesh Gadani0.26
18UAP Insurance Company Limited0.22
19Jubilee Insurance Company Limited0.21
20Housing Finance Bank/UAP Insurance General Life Fund0.21
213807 Other Investors6.72
  • 1. DFCU Bank is a subsidiary of DFCU Limited
  • 2. Arise BV is a special purpose vehicle company, formed in 2016 and co-owned by Norfund, the Netherlands Development Finance Company, and Rabobank. Arise invests in African financial institutions.
  • 3. In July 2018, the New Vision newspaper in Uganda reported that CDC Group had indicated its desire to exit the investment.

Branch network

With its headquarters in Kampala, DFCU Bank had the following branches in all areas of Uganda as of April 2020. In February 2020, the bank relocated 15 of its branches to new premises, as listed below.

  1. Sixth Street Branch: Ramzam Motors Building, Plot 116/118, Sixth Street, Industrial Area, Kampala
  2. Abayita Ababiri Branch: S&S Mall, Plot. 863, Nkumba
  3. Abim Branch: 8 Lira-Kotido Road, Abim
  4. Bugoloobi Branch: Kagga House, 2 Bandali Rise, Bugoloobi, Kampala
  5. Bwaise Branch: 975-976 Sir Apollo Kaggwa Road, Bwaise, Kampala
  6. Entebbe Road Branch: Freedom City Mall, Namasuba, Kampala
  7. Impala House Branch: Impala House, 13 Kimathi Avenue, Kampala
  8. Jinja Road Branch: Victoria University Towers, 38 Jinja Road, Kampala
  9. Kampala Road Branch: Plot. 40, Kampala Road, Kampala
  10. Sun City Branch: Sun City Plaza, 17 Ben Kiwanuka Street, Kampala
  11. Kawempe Branch: Kampala-Gulu Highway, Kawempe, Kampala
  12. Kikuubo Branch: Ddembe Plaza, Nakivubo Road, Kampala
  13. Kireka Branch: Isabella Plaza, Plot. 395, Kireka
  14. Kisekka Branch: Kisekka Market, 70 – 76 Nakivubo Road, Kampala
  15. Kyadondo Road Branch – DFCU House, 26 Kyaddondo Road, Nakasero, Kampala Main Branch
  16. Kyambogo University Branch: Kyambogo University, Kyambogo, Kampala
  17. Kyambogo Branch: 48/50, Mukabya Road, Kyambogo, Kampala
  18. Lugogo Branch: Lugogo Mall, Lugogo Bypass Road, Lugogo, Kampala
  19. Makerere Branch: 45 Pool Road, Makerere University Campus, Kampala
  20. Market Street Branch: Aponye City Mall, 8 Burton Street, Kampala
  21. Naalya Branch: Quality Shopping Mall, Naalya
  22. Nakivubo Branch (Gagawala Shauliyako): 40A, Nakivubo Place, Kampala
  23. Acacia Branch: 24 Acacia Avenue, Kololo, Kampala
  24. Agago Branch: 1 Odok Road, Agago Town Council
  25. Arua Branch: OB Plaza, Plot. 9 & 11, Adumi Road, Arua
  26. Busia Branch: 101 & 103 Customs Road, Busia, Uganda
  27. Dokolo Branch: Akeidebe Zone, Bata Road, Dokolo
  28. Entebbe Town Branch: 22 Kampala Road, Entebbe
  29. Gulu Branch: 1 Doctor Lucile Road, Gulu
  30. Gulu University Branch: DFI Block, University Avenue, Gulu University Campus, Gulu
  31. Hoima Branch: Plot. 36, Main Street, Main Street, Hoima
  32. Ibanda Branch: Plot. 82, Kamwenge Road, Ibanda
  33. Iganga Branch: 80 & 82 Main Street, Iganga
  34. Ishaka Branch: 45 Ishaka-Rukungiri Road, Ishaka
  35. Isingiro Branch: 36 Kikagate Road, Isingiro
  36. IUIU Branch: Islamic University in Uganda CampusMbale
  37. Jinja Branch: Plot. 10 Scindia/Lady Alice Muloki Road, Jinja
  38. Kabale Branch: 143/145 Kabale Road, Kabale
  39. Kisoro Branch: 65/75 North Ward, Kisoro
  40. Kitgum Branch: 19 Janan Luwum Street, Kitgum
  41. Kyengera Branch: Kyengera Shell Service Station, Masaka RoadKyengera
  42. Luweero Branch: 846 Kampala–Gulu HighwayLuweero
  43. Luwum Street Branch: Kizito Towers, Luwum Street, Kampala
  44. Lyantonde Branch: Plot. 226, Block. 76, Lyantonde
  45. Masaka Branch: 22 Kampala Road, Masaka
  46. Mbale Branch: 2 Court Road, Mbale
  47. Mbarara Branch: Plot. 14, Masaka–Mbarara RoadMbarara[16]
  48. Mukono Branch: 18/20 Jinja Road, Mukono
  49. Nateete Branch: 757 Wakaliga, Nateete, Kampala
  50. Ndeeba Branch: 224 Masaka Road, Ndeeba, Kampala
  51. Nsambya Branch: 1207 Ggaba Road, Nsambya, Kampala
  52. Ntinda Branch 1: Capital Shoppers City, Ntinda Road, Ntinda, Kampala
  53. Ntinda Branch 2: Plot. 1615 Tuskys Supermarket Building, Ntinda–Bukoto Road, Ntinda, Kampala
  54. Ntungamo Branch: 18 Old Kabale Road, Ntungamo
  55. Owino Market Branch – 769 Kafumbe Mukasa Road, Kampala
  56. Pader Branch: 8 Lagwai Zone B, Pader
  57. Pallisa Branch: 8 Kasodo Road, Pallisa
  58. Rushere Branch: 52–54 Rushere Road, Rushere
  59. Soroti Branch: Jovi House, Plot. 47 Gweri Road, Soroti[16]
  60. Tororo Branch: 9 & 11 Mbale Road, Tororo
  61. William Street Branch: 66 William Street, Kampala
  62. Wilson Lane Branch: 17 Wilson Lane, Kampala.

DFCU House

dfcu Limited has built a ten-story headquarters building that also houses the main branch of dfcu Bank. The building is often referred to as DFCU House. 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

Make sure to check out our social media to keep track of the latest content.

Instagram @nyongesasande

Twitter @nyongesasande

Facebook Nyongesa Sande

YouTube @nyongesasande

Disclaimer: The information that Nyongesasande.com provides on this website is obtained from publicly available resources and is intended for information or educational purposes only. We aim to present the most accurate information possible. Through this website, you might link to other websites which are not under our control. We have no control over the nature, content and availability of those websites. Inclusion of any links does not necessarily imply a recommendation or endorsement of the views expressed within them. All content on this website is copyright to the website’s owner and all rights are reserved. We take no responsibility for, and will not be liable for, the website being temporarily unavailable due to technical issues beyond our control. Please refer to our terms and conditions and privacy policy before using this website.

Previous article
Next article

- A word from our sponsors -

Most Popular

More from Author

List of best Hotels Near Nyabohanse Village

List of best Hotels Near Nyabohanse Village. Migori, also known as Suna-Migori,...

List of Top Ten Comedians in Kenya

This article focuses on a List of Top Ten Comedians in...

Top 10 Kenyan YouTube channels with one million subscribers

Top 10 Kenyan YouTube channels with one million subscribers. Recently, several Kenyan...

List of Top 10 Kenyan Political Analysts on Youtube to check out

This Article Focuses on a List of Top 10 Kenyan Political...

- A word from our sponsors -

Read Now