Latest Updates


dfcu Limited (“dfcu”) is pleased to inform its shareholders and the public that in the case brought by Crane Bank Limited (CBL) and some of its shareholders, the English High Court has dismissed with costs the claims against dfcu, its subsidiary, dfcu Bank and Ugandan directors jointly sued in this case, for lack of jurisdiction. As advised in the public announcement of 12th August 2021, the case related to the transaction in which dfcu Bank acquired some assets and assumed liabilities of CBL in 2017. dfcu successfully challenged the jurisdiction of the English High Court, which found that when exercising its powers in relation to CBL, Bank of Uganda was performing its regulatory function under the laws of Uganda, whose validity the English High Court had no authority to inquire into. dfcu is pleased with this ruling and has always maintained that the claim should not have been brought in the first place. dfcu has always ascribed to ethical standards of global best practice. Click here to download the announcement. By Order of the Board, Ligomarc Advocates, Company Secretary  

Related News

August 24, 2023


dfcu Limited announces 2023 Half Year Results

KAMPALA, UGANDA – 24 August 2023: dfcu Limited has today announced its interim 2023 half year results with strong institutional capabilities propelling the business to thrive and deliver improved performance. Highlights Profit after tax grew by 56% compared to same period last year. Portfolio quality improved and loan impairments reduced...

August 17, 2023


dfcu Bank announces appointment of Kate K. Kiiza as its Executive Director.

Kampala, 17.8.2023 - dfcu Bank Limited has announced the appointment of Ms. Kate K. Kiiza as its new Executive Director, effective from August 7th, 2023. Ms. Kiiza brings to this pivotal role a remarkable track record of success spanning over 25 years in the realms of Finance, Management, and Business...