Tag Archives: DTB

DTB IN FRESH FRAUD STORM! Court Orders Bank to Pay Sh178M After SIM Swap Fraud as Dark History Comes Back to Haunt Lender

July 14, 2026 Comments Off on DTB IN FRESH FRAUD STORM! Court Orders Bank to Pay Sh178M After SIM Swap Fraud as Dark History Comes Back to Haunt Lender

DTB

Diamond Trust Bank (DTB), one of East Africa’s biggest lenders with operations in Uganda, Kenya, Tanzania and Burundi, has once again found itself at the centre of controversy after a Kenyan High Court ordered the bank to compensate a customer who lost hundreds of millions of shillings in a SIM swap fraud.The High Court in Machakos ruled that DTB Kenya …

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GOOD RIDDANCE? Tough Times as DTB, Ecobank Eye Exit from Ugandan Market

September 30, 2025 Comments Off on GOOD RIDDANCE? Tough Times as DTB, Ecobank Eye Exit from Ugandan Market

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Kampala – Diamond Trust Bank (DTB) is embarking on a major shake-up of its regional operations, announcing the sale of its 83.67% stake in DTB Burundi to a consortium of local investors led by the bank’s existing minority shareholder. The deal, signed under a conditional sale and purchase agreement, is pending approvals from the Central Bank of Kenya (CBK), the …

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