FinanceThe Big Story

CONFIRMED: CDC Group fully exits dfcu Bank after a UGX48.1bn sale of stake to Danish development bank

by Muhereza Kyamutetera 0
Dfcu Bank has this evening confirmed fraud at its premises
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Officials from CDC, dfcu Bank, Uganda Securities Exchance (USE), Capital Markets Authority (CMA) and IFU at the press conference this morning. dfcu Bank has confirmed that IFU – the Danish Development Finance Institution has acquired the 9.97% shareholding held by CDC Group Plc in dfcu Bank, Uganda’s 4th largest bank, by assets as at End of December 2018. In announcement in the dailies

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About the Author

Muhereza Kyamutetera is the Executive Editor of CEO East Africa Magazine. I am a travel enthusiast and the Experiences & Destinations Marketing Manager at EDXTravel. Extremely Ugandaholic. Ask me about #1000Reasons2ExploreUganda and how to Take Your Place In The African Sun.

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