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Lifestyle Uganda > Blog > Business > dfcu Bank opens new branch in Fort Portal, eyes Western Uganda’s growth
BusinessMoney & Finance

dfcu Bank opens new branch in Fort Portal, eyes Western Uganda’s growth

Uganda’s dfcu Bank has launched its 55th branch in Fort Portal Tourism City, aiming to bring more people and businesses in western Uganda into the formal financial system.

Musasi Isaac Christopher
Last updated: 25th September 2025 5:41 pm
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Musasi Isaac Christopher
ByMusasi Isaac Christopher
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As an aspiring lifestyle blogger at Lifestyle Uganda, I specialize in exploring the vibrant realms of health, food, and the restaurant industry. My passion for sharing...
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dfcu Bank targets farmers and SMEs with Fort Portal branch.
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dfcu Bank has opened its 55th branch in Fort Portal Tourism City, a move the lender says will help bring more people and businesses in western Uganda into the financial system.

The new branch, located on Babiiha Road, is expected to serve communities in the wider Tooro sub-region — including Kabarole, Kyenjojo, Kamwenge, Bunyangabu and Kasese. Services will range from individual accounts to loans for farmers, traders and small and medium-sized businesses.

dfcu Bank introduces digital channels with Fort Portal expansion.
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Kate Kiiza, the bank’s Executive Director, said the expansion reflects dfcu’s strategy of growing with Uganda’s economy.

“For more than 60 years, dfcu Bank has been a partner in transforming lives and businesses across Uganda,” she said.

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We win together in Uganda.We win together in Uganda.

“The launch of our Fort Portal branch is a bold step in accelerating growth in this region, which is rich with opportunities in agriculture, tourism, oil, and trade,” she continued.

“Beyond financial solutions, we are creating employment opportunities, supporting SMEs, and enabling families and communities to thrive. This investment reaffirms our belief in the immense potential of Western Uganda.”

At the launch, Richard Rwabuhinga, LC V Chairman of Fort Portal Tourism City, called the new branch a welcome boost for the region.

“This branch positions Fort Portal as a rising economic hub,” he said.

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“With services ranging from savings and SME loans to agent banking, dfcu Bank is empowering traders, farmers, tourism operators, and families. This will accelerate the development of thriving businesses, enhance livelihoods, and strengthen our region’s role in Uganda’s growth story.”

Annette Kiconco, the bank’s Chief Retail Banking Officer, added that the focus will be on sectors that drive the local economy.

“Our strategy centers on agriculture, trade, and business,” she explained.

“Fort Portal is an agricultural powerhouse, and dfcu Bank is committed to supporting farmers, cooperatives, and agribusiness ventures with specialized solutions. We believe in channel optimization — blending physical branches, digital platforms, and our extensive agent banking network to ensure no one is left behind.”

The Fort Portal branch also introduces expanded digital services such as mobile and internet banking. Nationwide, dfcu already works through a network of more than 20,000 agent outlets.

Alongside banking services, the institution plans to run financial literacy programs and mentorship opportunities, with a particular focus on women through its Women in Business program.

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ByMusasi Isaac Christopher
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As an aspiring lifestyle blogger at Lifestyle Uganda, I specialize in exploring the vibrant realms of health, food, and the restaurant industry. My passion for sharing insights and experiences drives my content, aiming to inspire and inform readers about the latest trends and tips in healthy living and culinary delights. Connect with me on WhatsApp at +256759100143.
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