Centenary Group has congratulated its subsidiary, Centenary Bank, upon posting excellent performance results. Despite a challenging operating environment, the bank leveraged on technology, people and good relationships, to deliver good performance. The Bank remained profitable, and in line with its mission, seeing that profits are not a standalone, financed enterprises and individuals in the real economy, which fosters a productive and sustainable economy. Centenary Bank’s deposits grew by 1.4% from UGX 3.137 trillion in 2020 to UGX3.181 trillion in 2021 together with a growing loan book, helped to bolster the bank’s earnings, allowing it to set new record highs, on…
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