By Andrew Irumba
TheSpy Uganda on Saturday October 6, 2019 published an article in which we revealed how Dfcu bank had chickened out and decided to evict themselves from properties owned by tycoon Sudhir Ruparelia, which were formerly leased to Crane bank by Meera Investments limited.
Dfcu bank a few days back requested companies to submit bids for the construction of 22 new branches across the country, such that they can relocate the affected branches in various parts of the country, although we have since learnt that they will relocate a total of 46 branches.
Mathias Katamba, the Dfcu bank Managing Director purportedly issued a notice, warning the general public that 22 branches had since been closed.
However, the same bank has since issued a statement clarifying matters surrounding the affected branches titled ‘Official Statement In Respect to Alleged dfcu Branches Closure.’
The Bank states that; “In the last 24 hours there has been a false notice and other nonfactual stories circulating on social media. The Bank wishes to clarify that the purported notice in respect to branch closures is false and didn’t originate from the Bank.
The Bank also wishes to further to clarify that;
Dfcu bank is NOT closing the 22 branches starting October 14, as alleged in the fake notice. The public is asked to disregard it.
Dfcu bank has a network of 63/l branches across the country. As we communicated at this year’s Annual General Meeting in June, the bank is in process to implement its digital strategy to drive better customer experience, improve efficiency and align its operations with the current trends in this financial sector. This calls for continued rationalisation of branch operations and redesigning the Branch model.”
The statement adds that “The bank has in the last two years enhanced and introduced some new alternative delivery channels like Agent Banking, Mobile Banking and Online banking to support its digital agenda. Dfcu will continue to align the Branch Network to leverage these new channels….”
