DFCU Group

The Development Finance Company of Uganda Group, commonly referred to as the DFCU Group, is a financial services company in Uganda.

DFCU Group
TypePublic
USE: DFCU
IndustryFinancial Services
Founded1964
HeadquartersKampala, Uganda
Key people
William Irwin
Chairman
Elly Karuhanga
Director[1]
ProductsBanking, Leasing, Investments
WebsiteHomepage

Overview

The Group is involved in retail banking, consumer lending, mortgage lending, development finance, medium and long-term lease financing as well as commercial real estate investments. DFCU was established in 1964 as a development finance company. In 2005 DFCU Group comprised the following subsidiaries:

  • DFCU Limited
  • DFCU Bank Limited
  • DFCU Leasing Limited
  • Rwenzori Properties Limited
  • Nakasero Properties Limited

DFCU Limited is the holding company and it is listed on the Uganda Securities Exchange (USE), under the symbol DFCU.[2]

DFCU Stock

As of April 2013, DFCU stock is owned by the following corporate entities and individuals:[3][4]

DFCU Group Stock Ownership
RankName of ownerPercentage ownership
1Norfund27.54
2Rabobank27.54
3CDC Group Plc.15.00
4National Social Security Fund (Uganda)5.93
5Investec Asset Management Fund Africa4.34
6Investec Asset Management Pan Africa Fund2.73
7Investec Asset Management1.14
8Central Bank of Kenya Pension Fund0.76
9PineBridge Sub-Saharan Africa Equity Master Fund0.65
10Dyer & Blair Investment Bank0.63
11Bank of Uganda Staff Retirement Fund0.58
12Nearly 3,800 Other Investors13.16
Total100.00

DFCU House

DFCU Group is in the process of building its new headquarters, which will also house the main branch of DFCU Bank. The building will be known as DFCU House and will rise an estimated ten stories high. Located at 26 Kyaddondo Road, on Nakasero Hill, in Kampala's central business district, the development will have underground and surface parking, as well as rentable, retail and office space on several levels.[5]

See also

References
  1. Key People At DFCU Group
  2. "UGA:DFCU - Google Finance Search". www.google.com. Retrieved 2017-09-05.
  3. "Service and Innovation - 2012 Annual Report" (PDF). DFCU Group. Archived from the original (PDF) on 3 December 2013. Retrieved 10 December 2017.
  4. "Dutch bank seals DFCU merger". Sunday Vision. 3 May 2013. Retrieved 2017-12-10.
  5. "ROKO Construction Limited: News Detail: ACACIA MALL". ROKO Construction Limited. Archived from the original on 2013-12-03. Retrieved 2017-12-10.
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