Diamond Trust Bank has opened a new branch in Tororo, in a move aimed at expanding access to banking services in eastern Uganda and supporting local businesses.
The Tororo branch, launched on April 10, is part of the bank’s wider strategy to strengthen its presence across the country and improve service delivery.
Speaking at the opening, DTB Uganda chief executive officer Godfrey Sebaana said the new branch reflects the bank’s effort to bring services closer to customers.
He said the decision was informed by the need to provide efficient, accessible, and sustainable banking solutions in fast-growing areas.
Sebaana said the branch will improve access to credit, cash services, and business support, especially for small and medium enterprises.
He added that the facility will benefit businesses in sectors such as agriculture, construction, trade, and logistics by reducing travel time and speeding up transactions.
“This branch will bring banking closer to where growth is happening,” Sebaana said.
Uganda’s financial sector has remained resilient, supported by steady economic growth. According to the World Bank, the country’s gross domestic product reached about 65 billion dollars in 2025.
Sebaana said DTB is committed to inclusive growth through initiatives such as SME financing, women enterprise programmes, and youth skills development.
Customers at the new branch will access a range of services, including loans, digital banking products, and tailored business solutions.
These include Kwasa Kwasa mobile loans, which provide quick unsecured credit, and the Furaha school fees loan, designed to support families with education costs.
The bank has also strengthened cross-border services through its diaspora remittance programme, which enables faster and more affordable international money transfers.
It is also supporting investment through the Tororo Investment Facilitation Scheme, targeting sectors such as tourism, agribusiness, and small-scale manufacturing.
Bank of Uganda director of supervision Hannington Wasswa welcomed the expansion, saying it will deepen financial inclusion in the Bukedi sub-region.
He said the new branch will help extend formal financial services to micro, small, and medium enterprises, enabling them to transition from the informal to the formal economy.
Wasswa added that such investments are key to sustaining Uganda’s economic growth.
DTB has also supported tourism development in eastern Uganda through targeted financing, including support for hospitality businesses and activities around Tororo Rock.
Sebaana said the bank will continue working with communities in the region to drive growth and innovation.
The Tororo branch is DTB’s 37th outlet in Uganda. The bank marks 61 years of operations this year, with 54 ATMs, more than 1,000 agents, and over 160,000 customers nationwide.
