Uganda: DTB Uganda Eyes UAE, Asia Remittance Markets

Uganda: DTB Uganda Eyes UAE, Asia Remittance Markets

[Independent (Kampala)] Kampala -- Diamond Trust Bank (DTB) Uganda has announced a strategic shift towards the rapidly expanding remittance corridors between Uganda and the United Arab Emirates (UAE) and Asia, as inflows from traditional sources such as Europe and North America begin to plateau.

DTB Uganda Shifts Focus to UAE and Asia Remittance Corridors Amid Changing Diaspora Dynamics

Diamond Trust Bank (DTB) Uganda has unveiled a strategic pivot towards the fast-growing remittance corridors connecting Uganda with the United Arab Emirates (UAE) and Asia, as traditional inflow sources from Europe and North America begin to plateau. Speaking at the Annual Bankers’ Conference held at the Serena Hotel in Kampala, DTB Uganda Chief Executive Officer Godfrey Sebaana emphasized that the bank’s evolving remittance strategy is a direct…

DTB Uganda eyes UAE, Asia remittance markets

DTB CEO Godfrey Sebaana Kampala, Uganda | THE INDEPENDENT | Diamond Trust Bank (DTB) Uganda has announced a strategic shift towards the rapidly expanding remittance corridors between Uganda and the United Arab Emirates (UAE) and Asia, as inflows from traditional sources such as Europe and North America begin to plateau. For years, Uganda’s remittance landscape was dominated by diaspora communities in Europe and the U.S. However, DTB CEO Godfrey …