By Flavia Ajok
HOIMA: In a bid to bring products and services closer to customers, Diamond Trust Bank (DTB) opened a new branch on Friday in Hoima city, in the mid-western region.
The opening of the Hoima branch brings DTB Uganda’s branch count to 36, and this comes in line with the bank’s strategic expansion roadmap, which entails providing quality customer services and easy accessibility to its diverse product portfolio.
Speaking at the opening, Varghese Thambi, DTB Uganda’s chief executive officer, said they are delighted to open the Hoima branch and offer their customers a more convenient banking experience.
Thambi says the Hoima city branch targets traders, business owners, and farmers, adding that the bank will offer a wide range of innovative products and services to their customers in Bunyoro region.
The branch opening was officiated by Dr. Tumubweine Twinemanzi, the executive director of the Bank of Uganda.
Dr. Tumubweine urged Ugandans to embrace banking as a channel for financial inclusion, wealth accumulation, and investment. He committed to the Bank of Uganda’s pledge to a stable economy through a well-regulated banking industry.
Samuel Mateha Shilchojola, head of marketing and commercial at DTB, revealed that DTB has come to Hoima to help farmers who need agricultural loans.
Mateha says the Diamond Trust Bank agricultural loan is at only 12 percent, and as a bank, they are known for not taking people’s property due to loan defaults.
Moses Atuha, clerk to parliament in Bunyoro Kitara Kingdom, called upon the general public to work hard since there are many opportunities around, saying all these banks coming to Hoima is a sign of development.
Atuha applauded Diamond Trust Bank for not leaving the farmers behind, thus giving them 12 percent agricultural loans.
Sylvia Nalumaga, the Hoima city deputy mayor, asked the bank officials to employ local people as a way of catering to local content.
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