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DFCU Bank: A loan to support a bank actively working for SMEs in Uganda

Project

People using computers
Flickr : Arne Hoel / World Bank
Signature date
Location
Uganda
Financing tool
Financing amount (Euro)
12855673.63
Financing details
USD 15m loan
Customer
DFCU BANK LIMITED
Type of customer
Financial institution
Country of headquarters
Uganda
Project number
PUG1034
Environmental and social ranking
IF-B

This information is given at the time of signature, without prejudice to any developments in the operation/project.

DFCU Bank, Uganda’s second leading commercial bank, mainly supports SMEs and is highly active with informal entrepreneurs, smallholders and women. This loan will allow the bank to meet the major financing needs in USD of SMEs in the country.