Saturday, July 24We Break the News

dfcu Bank

PART ONE: dfcu Bank’s Digital Transformation Journey: Banking at the speed of you!

PART ONE: dfcu Bank’s Digital Transformation Journey: Banking at the speed of you!

AFRICA, Banking World, Business, dfcu Bank, EAST AFRICA
Digital technologies have dramatically reshaped industry after industry. Digital transformation is now universally regarded as essential for businesses to remain viable and competitive according to a digital transformation survey done my McKinsey Global.  The survey also highlights that businesses are heading unequivocally towards becoming digital from top to bottom. For those that are not transforming with urgency, the negative consequences will become compounded to the point of being untenable. dfcu Bank started its digital transformation journey in 2017 and has registered considerable progress overtime. The Bank in its latest endeavors has launched a campaign dubbed “Banking at the speed of you” that speaks to their digital transformation agenda as a Bank. We caught up with Lloyd Jo...
A ‘shot’ at ending the pandemic

A ‘shot’ at ending the pandemic

AFRICA, Banking World, dfcu Bank, EAST AFRICA, HUMAN INTEREST STORIES, INTERNATIONAL, Twitter, UGANDA, WORLD, Youth
With COVID-19 Vaccination opening up for everyone above the age 18 years, many companies are taking the initiative to vaccinate their employees and family members. In a recent drive to ensure that as many of  it’s employees respond to the national call for vaccination, dfcu Bank, in partnership with Ministry of Health and KCCA organised a two-day COVID-19 vaccination camp, for its staff in Kampala,  under the company’s COVID-19 care initiative. dfcu employees during vaccination The exercise held at its head office saw a total of 311 people get vaccinated. The bank has continued to rally its employees stationed upcountry to get vaccinated at the government gazetted centres. As part of its efforts to manage the COVID 19 situation, the company set-up a 24/7 helpline and group level tas...
dfcu Bank makes an 80M shelter investment at the Uganda Cancer Institute   May 18, 2021

dfcu Bank makes an 80M shelter investment at the Uganda Cancer Institute May 18, 2021

AFRICA, Bank Of Uganda, Banking World, dfcu Bank, EAST AFRICA, HUMAN INTEREST STORIES, INTERNATIONAL, UGANDA, Uganda Cancer Institute
dfcu Bank's CEO, Mathias Katamba at the ground Breaking ceremony at UCI. dfcu and UCI Executives during the ground breaking Ceremony today. dfcu Bank has extended support to the Uganda Cancer Institute with the construction of a 100-seater shelter to provide the outpatients with a secure and decent waiting area as they access health services at the Mulago institute. The shelter valued at close to UGX 80million is expected to be ready for use in four (4) weeks. The Uganda Cancer Institute was established in 1967 and its mission is to provide state-of-the-art cancer care services while advancing knowledge through research and training of healthcare professionals in cancer care. One of the major challenges faced by UCI is the high patient load as a result of increasing cance...
DIGITAL FINANCIAL SERVICES EXTEND CREDIT TO UNBANKED UGANDANS

DIGITAL FINANCIAL SERVICES EXTEND CREDIT TO UNBANKED UGANDANS

AFRICA, Bank Of Uganda, Banking World, dfcu Bank, EAST AFRICA, HUMAN INTEREST STORIES, INTERNATIONAL, MTN, TECHNOLOGY
Slightly over one in every three Ugandans have a bank account, with a reported 16.5 million Ugandans still using traditional saving methods such as physical cash, livestock and agriculture. With only 16 million bank accounts in the country, over half of the population has no access to savings or credit through financial institutions, as drivers of capital investment and, ultimately a higher rate of economic growth. Digital financial services, however, are playing a pivotal role in plugging this divide as various institutions are partnering to enhance access to financial services for the unbanked. Take for instance the MoKash platform in which customers of Ugandan mobile telecommunications company MTN can save from as low as Shs50 and borrow amounts from Shs3000 to Shs1 ...
Agricultural Stewards Recognized & Celebrated during the Best Farmers Awards

Agricultural Stewards Recognized & Celebrated during the Best Farmers Awards

AFRICA, Banking World, dfcu Bank, EAST AFRICA, European Council, EUROPEAN UNION, HUMAN INTEREST STORIES, INTERNATIONAL, TECHNOLOGY, UAE, UGANDA, WORLD
For the sixth time running, dfcu Bank in partnership with Vision Group, the Netherlands Embassy, KLM Airlines and Koudjis Nutrition B.V have rewarded farmers across the country in an initiative dubbed ‘Best Farmer’s Competition’. The annual competition seeks to celebrate farmers, showcase how farming is contributing to the economic development of the country and rally the public to embrace commercial farming. Overall Winners Mathias Katamba, dfcu Bank’s CEO, commended the 13 farmers that emerged victorious and urged other farmers to embrace modern farming as Uganda’s future lies therein. “Uganda currently supplies, to the UAE and other European markets, tons of fresh produce such as fruits and vegetables, fish, flowers, honey etc. With the best climate and environment to support agr...
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