Diamond Trust Bank (DTB) has expanded its footprint in Eastern Uganda with the opening of a new branch in Tororo, a move aimed at improving access to inclusive and efficient banking services for individuals and businesses in the region.
The new branch is part of the bank’s broader strategy to strengthen service delivery, enhance customer experience, and build a more sustainable, customer-centered operation.
Speaking at the launch, DTB Uganda Chief Executive Officer, Godfrey Sebaana, said the new branch represents both continuity and progress in the bank’s mission to bring financial services closer to communities.
“We continuously review our business footprint to ensure that we deliver banking services in the most efficient, accessible, and sustainable way. This new branch reflects our commitment to serving customers where they are and supporting the growth of local economies,” Sebaana said.
He noted that the Tororo branch is expected to significantly improve access to credit, streamline transactions, and provide tailored support to small and medium enterprises (SMEs), particularly those operating in key sectors such as agriculture, trade, construction, and logistics.
According to Sebaana, the expansion will reduce travel time for customers, speed up financial decision-making, and align banking services with the evolving needs of the region’s growing economy.
Uganda’s financial sector continues to show resilience, underpinned by steady economic growth. The World Bank estimates that the country’s GDP reached approximately USD 65 billion in 2025, driven in part by entrepreneurship and increased financial sector participation.
DTB says it remains committed to inclusive growth through initiatives such as SME financing, women enterprise funds, youth development programmes, and investments in market infrastructure.
Customers at the Tororo branch will have access to a full suite of services, including loans, digital banking, and specialized financial products such as mobile-based credit solutions and education financing.
The bank has also strengthened cross-border financial services through its Diaspora Remittance Programme, enabling faster and more affordable international money transfers, particularly benefiting households in the Bukedi sub-region.
In addition, DTB is supporting regional investment through targeted initiatives aimed at attracting capital into tourism, agribusiness, and small-scale manufacturing—sectors considered vital for job creation and economic growth.
Bank of Uganda Director of Supervision, Hannington Wasswa, welcomed the expansion, describing it as a significant step toward advancing financial inclusion.
“This development supports the national agenda of extending formal financial services across the country. Access to credit and secure savings mechanisms is essential for integrating small businesses into the formal economy and sustaining economic growth,” Wasswa said.
The bank has also contributed to tourism development in Eastern Uganda through financing initiatives that support hospitality enterprises and promote local attractions such as Tororo Rock.
Sebaana reaffirmed DTB’s long-term commitment to the region, emphasizing partnership and shared progress.
“This branch is a symbol of our continued collaboration with the people of Bukedi. It reflects our commitment to innovation, accessibility, and meaningful impact as we grow together,” he said.
The Tororo branch becomes DTB’s 37th outlet nationwide, as the bank marks 61 years of operations in Uganda. The lender currently operates 54 ATMs, over 1,000 banking agents, and serves more than 160,000 customers across the country.
