dfcu named most innovative
Nov 22, 2009
THE dfcu Bank has been named ‘the 2009 Most Innovative Bank’ by the Global Banking Alliance (GBA) for Women.
By Vision Reporter
THE dfcu Bank has been named ‘the 2009 Most Innovative Bank’ by the Global Banking Alliance (GBA) for Women.
The award, which was presented at the annual GBA summit in Singapore in October hosted by Standard Chartered Bank, acknowledged dfcu’s efforts to develop innovative products and services for women entrepreneurs.
Among its innovations to assist women, dfcu Bank has introduced the Land Loan, Women in Business Investment Clubs and SACCO loans.
To date, the bank has disbursed over $16m to women entrepreneurs and trained over 150 women in business and management skills.
In a market where 45% of small-and-medium enterprises are owned by women, 73% of Uganda’s women-owned businesses still keep savings at home and only 9% of all SMEs in the country have access to formal credit.
The Global Banking Alliance for Women is a consortium of financial institutions that strive to accelerate the growth of women in business worldwide.
THE dfcu Bank has been named ‘the 2009 Most Innovative Bank’ by the Global Banking Alliance (GBA) for Women.
The award, which was presented at the annual GBA summit in Singapore in October hosted by Standard Chartered Bank, acknowledged dfcu’s efforts to develop innovative products and services for women entrepreneurs.
Among its innovations to assist women, dfcu Bank has introduced the Land Loan, Women in Business Investment Clubs and SACCO loans.
To date, the bank has disbursed over $16m to women entrepreneurs and trained over 150 women in business and management skills.
In a market where 45% of small-and-medium enterprises are owned by women, 73% of Uganda’s women-owned businesses still keep savings at home and only 9% of all SMEs in the country have access to formal credit.
The Global Banking Alliance for Women is a consortium of financial institutions that strive to accelerate the growth of women in business worldwide.