Sunday, May 8, 2011

Big loans push dfcu to number six

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BY BRUNO BIRAKWATE

Buoyed by strong lending and a large asset base, dfcu Bank managed to improve its industry position from number 8 to the 6th position, the shareholders heard during their Annual General Meeting on Friday. The managing director, Juma Kisaame, said that the bank was on a clear path to achieve its medium term plan of capturing 10 per cent market share.

According to 2010 results, dfcu is the 5th biggest commercial bank in terms of assets now valued at Shs802.3 billion

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