dfcu bank has dismissed unfounded stories that are circulating online, noting that they are intended to mislead and cause unnecessary concern.“We assure our customers, stakeholders, and the public that these claims are without basis and should be treated with the contempt they deserve,” the bank says in a statement.It adds: “Our focus remains on delivering secure, reliable, and innovative financial services to support individuals, businesses and communities across Uganda. We urge the public to rely only on official communication from the bank and to disregard misinformation from unverified sources.”It should be noted that dfcu is a Domestic Systemically Important Bank (DSIB).The DSIB status is awarded to banks whose failure could have a substantial impact on the financial system and the broader economy of a nation.Dfcu Limited, the parent company of dfcu bank, recorded a strong financial performance for the year ended 31 December 2024, with Profit After Tax growing by 157% to UGX72.1bn in 2024, up from UGX28bn in 2023. In recognition of its strong financial results, dfcu declared a final dividend of UGX 20.09 per share, representing a 121% increase from the UGX 9.10 paid in 2023.Earnings per share rose to UGX 96.35 from UGX 38.39, highlighting continued profitability and enhanced shareholder value. The post dfcu Bank Dismisses Baseless & Misleading Allegations, Commits To Delivering Secure & Innovative Financial Services appeared first on Business Focus.