DFCU Group

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DFCU Group
Type Public
USE: DFCU
Industry Financial Services
Founded 1964
Headquarters Kampala, Uganda
Key people William Irwin
Chairman
Elly Karuhanga
Director[1]
Products Banking, Leasing, Investments
Website Homepage

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

Overview[edit]

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[edit]

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

DFCU Group Stock Ownership
Rank Name of owner Percentage ownership
1 Norfund 27.54
2 Rabobank 27.54
3 CDC Group Plc. 15.00
4 National Social Security Fund (Uganda) 5.93
5 Investec Asset Management Fund Africa 4.34
6 Investec Asset Management Pan Africa Fund 2.73
7 Investec Asset Management 1.14
8 Central Bank of Kenya Pension Fund 0.76
9 PineBridge Sub-Saharan Africa Equity Master Fund 0.65
10 Dyer & Blair Investment Bank 0.63
11 Bank of Uganda Staff Retirement Fund 0.58
12 Nearly 3,800 Other Investors 13.16
Total 100.00

DFCU House[edit]

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[edit]

References[edit]

External links[edit]