Diamond Trust Bank (Uganda) Limited is a commercial bank in Uganda. It is licensed and supervised by the Bank of Uganda, the central bank and national banking regulator.
Video Diamond Trust Bank (Uganda)
Overview
As at December 2016, the bank's total assets were valued at about UGX:1.3 trillion, making it the seventh largest commercial bank in Uganda by assets at that time, controlling about 4 percent of the assets in the banking industry.
Maps Diamond Trust Bank (Uganda)
History
The bank dates to 1945, when it was operating as the Diamond Jubilee Investment Trust (DJIT), with its head office in Dar es Salaam, Tanzania, and branches in Mombasa, Kenya and Kampala, Uganda. Branches were later opened at Nairobi and Kisumu in Kenya. The company was initially established as a community-based finance house, dedicated towards the extension of credit to the East African Ismaili Community and the mobilization of their savings. In 1965, DJIT was split into three entities, one each in Kenya, Tanzania, and Uganda.
In 1968, the rapid economic development of post-independence Uganda saw the founding of Diamond Trust Properties Uganda Limited. In 1972, Diamond Trust (Uganda) Limited (DTU) commenced operations as a non-bank financial institution. Between 1972 and the early 1990s, DTU was largely moribund because of political instability.
In 1995, the institution was recapitalized with the participation of the Aga Khan Fund for Economic Development and Diamond Trust Bank (Kenya) Limited. In 1997, the bank became a full-service commercial bank and was renamed Diamond Trust Bank (Uganda) Limited.
Diamond Trust Bank Group
DTBU is a member of the Diamond Trust Bank Group, a large financial services provider with operations in Burundi, Kenya, Rwanda, Tanzania, and Uganda.
Ownership
Diamond Trust Bank (Kenya) Limited owns at least 56.97 percent of the shares in Diamond Trust Bank (Uganda) Limited.
Branch network
As of January 2016, Diamond Trust Bank (Uganda) Limited had a network of branches in the central, eastern, northern, and western regions of Uganda. The branch network included the following locations:
- Arua Branch - 18-20 Avenue Road, Arua
- Busia Branch - 9 Sophia Lane, Busia
- Bwaise Branch - 3300 Bombo Road, Bwaise, Kampala
- Equatoria Branch - Equatoria Hotel Building, 37-39 William Street, Kampala
- Forest Mall Branch - Forest Shopping Mall, Lugogo Bypass, Kampala
- Freedom City Branch - Freedom City Mall, Namasuba, Kampala
- George Street Branch - Georgian House, George Street, Kampala
- Industrial Area Branch - 10-12 Kibira Road, Kampala
- Jinja Branch - 32-34 Main Street, Jinja
- Kabalagala Branch - Ggaba Road, Kabalagala, Kampala
- Kampala Road Branch - 17-19 Kampala Road, Kampala Main Branch
- Kamwookya Branch - 67 Kira Road, Kamwookya, Kampala
- Kisenyi Branch - USAF Market, Kisenyi, Katwe Zone, Kampala
- Kikuubo Branch - Sena Arcade, 60 Ben Kiwanuka Street, Kampala
- Kitintale Branch - 1336 Port Bell Road, Kitintale, Kampala
- Kyengera Branch - Ssendi House, 415 Masaka Road, Kyengera
- Lira Branch - 4 Aputi Road, Lira
- Malaba Branch - 24 Kwapa Road, Malaba, Uganda
- Masaka Branch - 39 Kampala Road, Masaka
- Mbale Branch - 15B Bishop Wasike Road, Mbale
- Mbarara Branch - 54 Mbaguta Road, Mbarara
- Naalya Branch - Metroplex Shopping Mall, Naalya
- Nakivubo Branch - Ssekaziga House, 12-37 Channel Street, Kampala
- Namanve Branch - Kampala Industrial and Business Park, Namanve
- Nansana Branch - Nansana
- Nateete Branch - Batuma House, 764 Masaka Road, Nateete, Kampala
- Ndeeba Branch - 336 Masaka Road, Ndeeba, Kampala
- Ntinda Branch - Haruna Shopping Centre, 2117 Kira Road, Ntinda, Kampala
- Oasis Mall Branch - Oasis Mall, Yusuf Lule Road, Kampala
- Old Kampala Branch - 17-21 Club House, Old Kampala, Kampala
- Owino Market Branch - St. Balikuddembe Market, Kampala
- Victoria Mall Branch - Victoria Mall, Entebbe
- Wandegeya Branch - 38 Bombo Road, Wandegeya, Kampala
See also
- Banking in Uganda
- List of banks in Uganda
- List of tallest buildings in Kampala
References
External links
- DTB Uganda Limited
- DTB Burundi Limited
- DTB Kenya Limited
- DTB Tanzania Limited
Source of the article : Wikipedia
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