DFCU Bank

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).{{cite web | url=https://www.dfcugroup.com/wp-content/uploads/2023/03/dfcu-2022-Full-Year-Results.pdf |title=DFCU Limited Financials For The 12 Months Ended 31 December 2022 |work=DFCU Group |date=14 March 2023 |author=DFCU Limited |access-date=7 July 2023 | location=Kampala, Uganda}}

As of 30 June 2017, dfcu Bank operated 67 branches and 100 automated teller machines.{{cite news |url=http://www.monitor.co.ug/Business/Dfcu-closes-23-Crane-Bank-branches/688322-3794756-8289eq/index.html |title=Dfcu closes 23 Crane Bank branches |work=Daily Monitor |date=1 February 2017 |author1=Mark Keith Muhumuza |access-date=1 May 2017 |author2=Jonathan Adengo | location=Kampala}}{{cite news |work=The Independent (Uganda) |url=https://www.independent.co.ug/dfcu-bank-posts-shs-114-billion-net-profit-first-6-months-2017/ |date=15 August 2017 |title=DFCU Bank posts Sh114 bn net profit in first 6 months

|access-date=15 March 2018 |location=Kampala}} As of 31 December 2024, the bank's total assets had increased to UGX:3.4 trillion (US$934.6 million). In calendar year 2024, the bank realized profit after tax (PAT) of UGX72 billion (US$19.8 million).{{cite web|url=https://softpower.ug/dfcu-bank-posts-151-profit-surge-to-shs72bn-proposes-121-dividend-hike/ |title=DFCU Bank Posts 151 Percent Profit Surge To Shs72 Billion, Proposes 121 Percent Dividend Hike |date=1 April 2025 | work=SoftPower Uganda |access-date=1 April 2025 |author=Rogers Atukunda |location=Kampala, Uganda}}

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.{{cite web | url=https://dfculimited.com/about-us/ | title=About us | publisher=dfcu Limited | access-date=15 August 2018}} In 2000, dfcu Limited acquired Gold Trust Bank, which subsequently became dfcu Bank.

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.{{cite news | url=https://www.reuters.com/article/uganda-banks-idUSL6N0Q03VH20140725 | title=Uganda central bank takes over small commercial bank | publisher=Reuters | date=25 July 2014 | access-date=15 August 2018}}

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.{{cite news | url=https://www.reuters.com/article/uganda-banks-idUSL5N1FH1NK | title=UPDATE 1-Uganda's Crane Bank assets, liabilities transferred to dfcu - central bank | publisher=Reuters | date=27 January 2017 | access-date=27 January 2017}}

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:

• 1. DFCU Bank is a subsidiary of DFCU Limited.{{cite web | url=http://use.or.ug/copindex.php?cat=lstofallco&subcat=lstcodir&cop=85 | title=Company Details: Development Finance Company of Uganda Ltd | publisher=Uganda Securities Exchange | date=12 July 2017 | location=Kampala | access-date=12 July 2017 | url-status=dead | archive-url=https://web.archive.org/web/20140415125020/http://use.or.ug/copindex.php?cat=lstofallco&subcat=lstcodir&cop=85 | archive-date=15 April 2014 | df=dmy-all}}
• 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.{{cite web | url=https://asokoinsight.com/news/europes-arise-bv-hits-ground-running-with-cal-bank-acquisition | title=Europe's Arise BV hits ground running with CAL Bank acquisition | website=Asokoinsight.com | date=14 February 2017 | access-date=16 October 2017}}
• 3. In July 2018, the New Vision newspaper in Uganda reported that CDC Group had indicated its desire to exit the investment.{{cite news | url=https://www.newvision.co.ug/new_vision/news/1481059/-dfcu-bank-shareholders | title=We are still here - dfcu Bank shareholders | author=Benon Ojiambo | newspaper=New Vision | location=Kampala | date=7 July 2018 | access-date=8 July 2018}}

With its headquarters in Kampala, DFCU Bank had the following

branches in all areas of Uganda as of April 2020.{{cite web|url=https://www.dfcugroup.com/map/ | title=Branch List of DFCU Bank Uganda |publisher=DFCU Group | date=28 April 2020 |author=DFCU Group |access-date=28 April 2020 |location=Kampala}} In February 2020, the bank relocated 15 of its branches to new premises, as listed below.{{cite web|title=dfcu Bank confirms 15 branches out of Meera properties including Jinja, Entebbe, Mbarara, Arua |url=https://www.pmldaily.com/business/2020/02/dfcu-bank-confirms-15-branches-out-of-meera-properties-including-jinja-entebbe-mbarara-and-arua.html |publisher=PML Daily |date=2 February 2020 | author=Javira Ssebwami |access-date=9 April 2020 |place=Kampala}}

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{{cite web| url=https://www.newvision.co.ug/category/podcasts/dfcu-worldremit-seal-pact-132978 |title=Dfcu, WorldRemit Seal Pact |

work=New Vision |date=3 May 2022 |author=Ricks Kayizzi | access-date=20 September 2022 |location=Kampala, Uganda}}

1. Kyambogo University Branch: Kyambogo University, Kyambogo, Kampala
2. Kyambogo Branch: 48/50, Mukabya Road, Kyambogo, Kampala
3. Lugogo Branch: Lugogo Mall, Lugogo Bypass Road, Lugogo, Kampala
4. Makerere Branch: 45 Pool Road, Makerere University Campus, Kampala
5. Market Street Branch: Aponye City Mall, 8 Burton Street, Kampala
6. Naalya Branch: Quality Shopping Mall, Naalya
7. Nakivubo Branch (Gagawala Shauliyako): 40A, Nakivubo Place, Kampala
8. Acacia Branch: 24 Acacia Avenue, Kololo, Kampala{{cite news |newspaper=New Vision |date=10 February 2005 | url=http://www.newvision.co.ug/new_vision/news/1131266/dfcu-bank-branch-acacia-avenue | title=dfcu Bank opens branch on Acacia Avenue |author=Peter Kaujju |location=Kampala |access-date=12 July 2017}}
9. Agago Branch: 1 Odok Road, Agago Town Council
10. Arua Branch: OB Plaza, Plot. 9 & 11, Adumi Road, Arua
11. Busia Branch: 101 & 103 Customs Road, Busia, Uganda
12. Dokolo Branch: Akeidebe Zone, Bata Road, Dokolo
13. Entebbe Town Branch: 22 Kampala Road, Entebbe
14. Gulu Branch: 1 Doctor Lucile Road, Gulu
15. Gulu University Branch: DFI Block, University Avenue, Gulu University Campus, Gulu
16. Hoima Branch: Plot. 36, Main Street, Main Street, Hoima
17. Ibanda Branch: Plot. 82, Kamwenge Road, Ibanda
18. Iganga Branch: 80 & 82 Main Street, Iganga
19. Ishaka Branch: 45 Ishaka-Rukungiri Road, Ishaka
20. Isingiro Branch: 36 Kikagate Road, Isingiro{{cite web| url=http://www.newvision.co.ug/new_vision/news/1201475/isingiro-district-bank | title=Isingiro district gets first bank | author=Wilfred Sanya | newspaper=New Vision | location=Kampala | date=17 November 2009 | access-date=12 July 2017}}
21. IUIU Branch: Islamic University in Uganda Campus, Mbale
22. Jinja Branch: Plot. 10 Scindia/Lady Alice Muloki Road, Jinja{{cite news | url=http://www.newvision.co.ug/new_vision/news/1207212/dfcu-jinja |title=Dfcu in Jinja | author=Eddie Ssejjoba | newspaper=New Vision | location=Kampala | date=20 August 2009 |

access-date=12 July 2017}}

1. Kabale Branch: 143/145 Kabale Road, Kabale
2. Kisoro Branch: 65/75 North Ward, Kisoro
3. Kitgum Branch: 19 Janan Luwum Street, Kitgum
4. Kyengera Branch: Kyengera Shell Service Station, Masaka Road, Kyengera
5. Luweero Branch: 846 Kampala–Gulu Highway, Luweero
6. Luwum Street Branch: Kizito Towers, Luwum Street, Kampala
7. Lyantonde Branch: Plot. 226, Block. 76, Lyantonde
8. Masaka Branch: 22 Kampala Road, Masaka
9. Mbale Branch: 2 Court Road, Mbale
10. Mbarara Branch: Plot. 14, Masaka–Mbarara Road, Mbarara
11. Mukono Branch: 18/20 Jinja Road, Mukono
12. Nateete Branch: 757 Wakaliga, Nateete, Kampala
13. Ndeeba Branch: 224 Masaka Road, Ndeeba, Kampala
14. Nsambya Branch: 1207 Ggaba Road, Nsambya, Kampala
15. Ntinda Branch 1: Capital Shoppers City, Ntinda Road, Ntinda, Kampala
16. Ntinda Branch 2: Plot. 1615 Tuskys Supermarket Building, Ntinda–Bukoto Road, Ntinda, Kampala
17. Ntungamo Branch: 18 Old Kabale Road, Ntungamo
18. Owino Market Branch - 769 Kafumbe Mukasa Road, Kampala
19. Pader Branch: 8 Lagwai Zone B, Pader
20. Pallisa Branch: 8 Kasodo Road, Pallisa
21. Rushere Branch: 52–54 Rushere Road, Rushere
22. Soroti Branch: Jovi House, Plot. 47 Gweri Road, Soroti
23. Tororo Branch: 9 & 11 Mbale Road, Tororo
24. William Street Branch: 66 William Street, Kampala
25. Wilson Lane Branch: 17 Wilson Lane, Kampala.

{{main|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.{{cite web | url=http://www.symbion-int.com/blog.php?page=2&dateTime= | title=Kampala: Introducing the DFCU House | publisher=Symbion Group Plc. | access-date=30 April 2014 | archive-url=https://web.archive.org/web/20140502054723/http://www.symbion-int.com/blog.php?page=2&dateTime= | archive-date=2 May 2014 | url-status=dead | df=dmy-all }}

• Banking in Uganda
• List of banks in Uganda
• List of tallest buildings in Kampala
• Asset allocation among commercial banks in Uganda

{{Reflist}}

• [https://web.archive.org/web/20180416025942/http://www.monitor.co.ug/OpEd/Commentary/Fair-valuation-acquisition-Crane-dfcu-Bank-effects-prospects/689364-4374044-126kcg9/index.html Fair valuation in acquisition of Crane by dfcu Bank: Effects and prospects] (6 April 2018).

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Category:Banks of Uganda

Category:Banks established in 1964

Category:DFCU Group

Category:1964 establishments in Uganda

Category:Companies listed on the Uganda Securities Exchange

Category:Companies based in Kampala