Diamond Trust Bank Uganda has deepened its expansion drive with the opening of a new branch in Tororo, positioning itself to capture growing business activity and improve financial access in Eastern Uganda.
The move signals a strategic push by the bank to bring services closer to underserved communities while strengthening support for small businesses powering the region’s economy.
Speaking at the launch, DTB Uganda Chief Executive Officer Godfrey Sebaana said the new branch is designed to respond directly to the evolving needs of customers in the Bukedi sub-region.
“As DTB, we continuously review our footprint to ensure we deliver services in the most efficient and accessible way. Opening in Tororo allows us to align more closely with where economic activity and opportunity are growing,” Mr Sebaana said.
He noted that the branch will ease access to credit, speed up transactions and provide tailored financial solutions for businesses in sectors such as agriculture, trade, construction and logistics.
“This is about bringing banking closer to the people. It reduces travel time, improves turnaround for business decisions and supports enterprises to grow faster,” he added.
Uganda’s economy has continued to show resilience, with the World Bank estimating GDP at about 65 billion dollars in 2025, driven largely by private sector activity and entrepreneurship.
DTB says it is leveraging this momentum through targeted programmes supporting SMEs, women entrepreneurs and youth-led enterprises, positioning itself as a key partner in inclusive growth.
Customers at the Tororo branch will access a full suite of services, including loans, digital banking platforms and specialised products such as mobile-based credit and school fees financing.
The bank is also strengthening cross-border financial services through diaspora remittance programmes aimed at facilitating faster and more affordable international transfers, particularly for households in Eastern Uganda.
In addition, DTB is backing regional investment through initiatives supporting tourism, agribusiness and small-scale manufacturing, sectors seen as critical for job creation and economic expansion.
Bank of Uganda Director of Supervision Hannington Wasswa welcomed the development, describing it as a boost to financial inclusion and formalisation of small businesses.
“This expansion supports access to formal financial services and will help integrate more enterprises into the mainstream economy,” Mr Wasswa said.
The Tororo branch becomes DTB’s 37th outlet in Uganda, as the bank marks 61 years of operations, with a growing network of ATMs, agents and customers nationwide.
The latest expansion underscores increasing competition among banks to tap regional markets and extend financial services beyond major urban centres.
