Information
Description
A subsidiary of dfcu Limitied, dfcu Bank is a leading banking and financial services company domiciled in Uganda. It came into existence in May 2000 following dfcu’s acquisition of Gold Trust Bank to extending universal banking services alongside the pre-existing equity finance; long term development finance; leasing and working capital finance.
dfcu Limited was started by the Commonwealth Development Corporation (CDC) of the United Kingdom and the Government of Uganda through the Uganda Development Corporation (UDC) under the name of Development Finance Company of Uganda Limited. Subsequent restructuring saw International Finance Corporation (IFC) and the German Development Corporation (DEG) invest resulting in an equal stake of 25% for the shareholders. Its objective was to support long-term development projects whose financing needs and risk did not appeal to the then existing financial commercial lending institutions.
dfcu Limited was incorporated under the Laws of Uganda on the 14th of May 1964, as a Private Limited Liability Company. In 1999, dfcu acquired Uganda Leasing Company which became dfcu Leasing, to provide direct asset based finance.
On 18th March 2004, dfcu Limited went public subsequently being listed on the Uganda Securities Exchange on the 14th of October 2004.
Vision
To be the preferred Ugandan financial institution providing a broad range of quality products to our chosen customer segments.
Mission statement
To grow shareholder value while playing a key role in transforming the economy and enhancing the well-being of our people.
Through our dynamic and responsive teams, we will provide innovative financial solutions and maintain the highest levels of customer service and professional integrity.
Our Values
- Professionalism: We aim for excellence in everything we do
- Integrity: We are honest, consistent and uncompromising
- Customer Focus: We are approachable and ready to listen to our clients
- Courage: We openly share our views
- Teamwork: We support each other in the interest of the Organisation
dfcu Code of Ethics
1 Introduction
1.1. Policy
dfcu Bank is committed to conducting its business professionally and with integrity, in compliance with the law. The Board of Directors has adopted this Code of Business Conduct and Ethics (the “Code”) to provide guidance on how we put dfcu’s values and behavior into practice, as well as management of ethical issues and the promotion of an ethical culture. The Code should be read in line with the various Bank policies, standards and guidelines. If you have any questions or concerns, don’t be silent, please speak up. Report any concerns regarding misconduct or suspected violation to your line manager, your Human Capital representative, or Compliance, or confidentially through our independent reporting line.