Diamond Trust Bank (DTB) has expanded its presence in Eastern Uganda with the launch of a new branch in Tororo, a move aimed at improving access to affordable, inclusive, and efficient banking services for individuals and businesses in the Bukedi sub-region.
The Tororo branch becomes DTB’s 37th outlet in Uganda as the bank marks 61 years of operations in the country.
It represents a strategic step in the bank’s ongoing expansion drive, aimed at strengthening service delivery, enhancing customer experience, and supporting regional economic growth through closer access to financial services.
Speaking at the launch on April 10th 2026, DTB Uganda Chief Executive Officer Godfrey Sebaana said the expansion reflects the bank’s commitment to bringing services closer to customers while adapting to evolving economic needs.
“We continuously review our business footprint to ensure we deliver banking services in the most efficient, accessible, and sustainable way, and this branch reflects our commitment to serving customers where they are while supporting the growth of local economies,” Sebaana said.
According to the DTB Uganda, the new Tororo branch is expected to significantly improve access to credit and make financial transactions easier , particularly for small and medium enterprises (SMEs) operating in agriculture, trade, construction, and logistics.
The DTB Uganda CEO noted that the new branch will reduce travel time to banking services, enabling customers and businesses to access financial solutions more efficiently.
He added that this will support faster decision-making, improve operational efficiency, and strengthen business growth in a region experiencing rising economic activity.
Uganda’s financial sector continues to show resilience, supported by steady economic expansion and rising entrepreneurship, with the World Bank estimating GDP at around USD 65 billion in 2025.
Customers at the new branch will have access to a full suite of services, including personal and business loans, digital banking platforms, mobile-based credit solutions, and education financing products.
DTB also highlighted its ongoing efforts to support financial inclusion through SME financing programmes, women and youth enterprise initiatives, and investments in local market infrastructure.
In addition, the bank continues to strengthen cross-border financial services through its diaspora remittance programme, enabling faster and more affordable international money transfers for households in Eastern Uganda.
Meanwhile, the expansion was also welcomed by the Bank of Uganda, with Director of Supervision Hannington Wasswa describing it as a boost to financial inclusion and economic integration.
“This development supports the national agenda of extending formal financial services across the country as access to credit and secure savings mechanisms is essential for integrating small businesses into the formal economy,” Wasswa stated.
Beyond banking services, DTB is also supporting investment in key growth sectors such as tourism, agribusiness, and small-scale manufacturing, which are considered vital drivers of job creation in Eastern Uganda.
The bank has previously financed initiatives aimed at strengthening the hospitality sector and promoting regional tourist attractions, including Tororo Rock, while also supporting the growth of local enterprises and small businesses across the region demonstrating its long-term commitment to innovation, accessibility, and sustainable financial inclusion in Uganda.
With backing from both the private sector and the Bank of Uganda, the move reflects broader efforts to strengthen financial integration, stimulate regional development, and promote sustainable economic growth through expanded access to formal financial services.
