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dfcu Bank has earned international acclaim by winning the prestigious Gold Award in the Distribution category at the Qorus Reinvention Awards—MEA 2024 in Dubai. Recognized among nearly 700 entries worldwide, dfcu Bank’s Investment Club App stood out for its innovative approach to digital finance and its impact on Uganda’s investment and savings club culture.
The Investment Club App, designed to enhance financial inclusion and literacy, serves over 135,000 savings and investment clubs across Uganda and has been downloaded more than 10,000 times. This platform allows members to manage contributions, track loans, handle collections, and monitor returns in real-time, reflecting dfcu Bank’s commitment to modernizing community finance and promoting responsible financial practices.
Commenting on the accolade, Jude Kansiime, Head of Customer Relations at dfcu Bank, said, “As a pioneer in supporting Uganda’s investment club culture, dfcu Bank is dedicated to empowering communities with modern and reliable products to help them achieve their financial goals. Winning this award is a testament to our unwavering commitment to serve, guide, and support our customers. We celebrate this recognition with our customers and stakeholders and look forward to achieving even greater milestones together.”
Held annually, the Qorus Reinvention Awards recognize transformative achievements in financial services across the Middle East and Africa. This year’s event brought together industry leaders to celebrate advances in digital transformation, customer experience, and community impact. Stewart Lockie, Regional Director for Qorus in the MEA region, remarked, “These awards highlight the forward-thinking spirit of financial institutions across these regions. By showcasing stories of ingenuity, we aim to inspire and foster continued transformation within the industry.”
Applicants to Qorus’s long-running Banking Innovation Awards and Innovation in Insurance Awards automatically qualify for acknowledgement in this prestigious regional award program, which spotlights the best ideas and practices transforming the financial services industry in the Middle East and Africa. This year, the programs collectively attracted some 700 entries from leading banks and insurers worldwide.