Centenary Bank and Bees and Trees Uganda launched the Coffee Agroforestry for Environment and Livelihood Enhancement initiative, aimed at restoring degraded land, promoting environmental conservation, improving livelihoods, and strengthening financial inclusion. The initiative aims to tackle the challenges of environmental degradation and rural poverty by blending tree planting, coffee farming and beekeeping as a pathway to restoring degraded land while creating new income opportunities for rural households. The partnership that was officially launched in Wokukiri village, Mbale district is bringing together farmers, women’s groups, youth leaders, local officials and bank staff to participate in tree planting, financial education and hands-on…
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Centenary Group has opened a state-of-the-art commercial complex, the Centenary Group House in Mbale City, marking a significant milestone in the Group’s commitment to regional development and investment in Uganda’s…
Centenary Bank, in partnership with the Ministry of Gender, Labour and Social Development handed over two newly constructed homes and 50 mattresses to selected vulnerable elderly beneficiaries in Jinja City….
Thousands of people gathered at the Kololo Independence Grounds and major towns across the country to participate in the 14th edition of the Rotary Cancer Run, showing a united commitment…
Uganda’s bancassurance sector closed the second quarter of 2025 with Stanbic Bank, Centenary Bank, and Absa Bank securing commanding positions at the top of the market in both life and…
Centenary Bank, Uganda’s leading indigenous financial institution in partnership with Rotary Uganda, through the Hope Creator Presidents, activated the 2025 Rotary Cancer Run at Nsambya Hospital. The activation championed by…
Interswitch Uganda, a leading financial technology services provider has announced a strategic partnership with Centenary Bank, one of Uganda’s leading financial institutions, to enhance convenience and accessibility for its customers….
Against a backdrop of slowing credit appetite and shifting investment strategies, Uganda’s commercial banking sector recorded UGX 35.24 trillion in customer deposits in 2024, up from UGX 33.60 trillion in 2023—a growth of UGX 1.65 trillion or 4.9%. In comparison, loans and advances rose from UGX 20.30 trillion to UGX 21.51 trillion, reflecting a UGX 1.21 trillion or 5.9% increase. The growing gap between deposits mobilised and credit extended underscores a recurring dynamic: while banks continue to attract liquidity, many are opting for a more conservative lending posture, often channelling excess funds into government securities instead of private-sector credit. Amid…
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Centenary Bank Uganda capped off 2024 with another year of impressive financial and operational growth, reinforcing its position as a market leader in financial inclusion and sustainable banking. The Bank…
I am pleased to present Centenary Bank’s 2022 financial results. Despite a challenging operating environment, we were able to maintain stellar performance. During 2022 our operating environment was affected by the Ebola outbreak and the Russia-Ukraine war. The war sparked off inflation in almost all economies including Uganda causing an increase in fuel prices and later food and other commodity prices, exchange rate (UGX) depreciation, weak domestic demand, and increased cost of doing business. This greatly affected our customers’ business growth. Our stand to address the fore mentioned was offering customers innovative solutions alongside focusing on the real economy, sustainability,…
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