DTB opens its 37th branch at the Sino Uganda Industrial Park in Mbale

DTB Uganda’s Managing Director Varghese Thambi.


  • Diamond Trust Bank (DTB) on Tuesday opened a new branch in Sino Uganda Industrial Park – Mbale.

Diamond Trust Bank (DTB) on Tuesday opened a new branch in Sino Uganda Industrial Park – Mbale. This is in fulfilment of DTB’s strategy to support SMEs & and manufacturing for import substitution and to promote regional exports. This brings it to two DTB branches in Mbale.

Speaking at the opening, DTB Uganda’s Managing Director Varghese Thambi said: “We are delighted to open a branch inside the Uganda Sino Industrial Area Park today and offer our customers a more convenient banking experience.We appreciate the people of Mbale and the eastern region at large for utilizing our service at our branch on Bishop Wasike Road,” Thambi said, adding: “We have seen an increasing demand for the extension of services to your working spaces. That is one of the reasons were opening this branch.”

Similarly,the Chief Guest Jane Kabbale who is also the Chairperson of the Board Audit Committee said, “DTB’s growing network of branches represents its ongoing commitment to be closer to customers and providing them with easy and affordable products and a touch of service excellence.”

She urged Ugandans to embrace banking as a channel of embracing financial inclusion, wealth accumulation and investment. She expressed DTB Uganda’s Board commitment to innovations for the best banking solutions in Uganda. She urged Ugandans to embrace DTB for top range banking services.

The new locations will offer products and services to customers including personal and business accounts, loans, supply chain financing, mortgages, cards and investment options. Customers will also be able to access their accounts and perform banking transactions through the Bank’s digital channels while visiting the branch locations for personalized services.

DTB has had a presence in the eastern region since 2008 with branches in Jinja, Busia, Malaba and Mbale.DTB has transformed the financial management habits and livelihoods of over 6,000 through financial literacy engagements and other initiatives.

The celebration was colored with music from the bamasaba and dance as well as celebration, according to the locals ,constant investments as these of DTB have indicated economic growth in the region as well opened up room for employment.

Samuel Matekha, Head of Marketing and Communications at Diamond Trust Bank also noted; “”The purpose is to become an intermediary for development. We want to connect the poor ,the rich and the manufacturer and whoever is in need of financial services in Uganda in this region.This will not leave the poor poor.”

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