Kampala, Uganda | THE INDEPENDENT | Nearly all people and business owners who were declared non-essential during the COVID-19 lockdown and therefore not expected to leave their homes are seeking for loan restructuring, Centenary bank has said. In a zoom meeting with small businesses owners on Thursday, Centenary Bank General …
Read More »Centenary Bank after tax profits increase to UGX 156Bn
Kampala, Uganda | THE INDEPENDENT | Centenary bank has announced a 45% increase in after-tax profits to 155.9 billion shillings making it the second most profitable bank in the country after Stanbic Bank. In 2018, the Catholic Church-owned institution made 107 billion shillings in net profit. The financial results …
Read More »Centenary Bank joins COVID-19 fight with Shs200million
Kampala, Uganda | Julius Businge | Centenary Bank has joined the list of corporate companies that have responded to President Yoweri Museveni’s call for well-wishers to donate money and relief items to aid the fight against the spread of coronavirus pandemic. The bank has contributed protective gear to upcountry health centres and …
Read More »Centenary Bank scraps digital transaction charges for 30 days
Kampala, Uganda | Julius Businge | Due to disruptions caused by COVID-19 lockdown, Centenary Bank top officials have announced the removal of charges for account to mobile wallet transfers for any amount using its CenteMobile platform. Officials said on April 15 that customers can also withdraw Shs 50,000 at CenteAgent locations and …
Read More »Kagugube saved Centenary Bank from collapse – Uganda Episcopal Conference
Kampala, Uganda | THE INDEPENDENT | In its tribute to Dr Simon Kagugube who died on Saturday, the Uganda Episcopal Conference has said if it wasn’t for him, Centenary Bank would be no more. Kagugube, 65, has been an executive at Centenary bank for the last 17 years. He was picked …
Read More »Centenary Bank, stakeholders equip girls with financial literacy skills
Kampala, Uganda | THE INDEPENDENT | The girl child aged 13 to 18 years have been challenged to embrace the savings culture. This was during the launch of a campaign dubbed #365Saving organized by a group Women4Her in collaboration with Centenary Bank several other stakeholders. The campaign’s main goal …
Read More »Uganda’s banking sector looks brighter
Kampala, Uganda | ISAAC KHISA | The country’s banking industry recorded a sluggish profit growth in 2017 but it projects a positive outlook a head. Fabian Kasi, the managing director of Centenary Bank spoke to The Independent’s Isaac Khisa about the industry’s growth prospects. Ashead of one of the country’s …
Read More »MasterCard partners with Centenary Bank on financial inclusion
Kampala, Uganda | GODFREY SSALI | MasterCard and Centenary Bank have unveiled a personalized debit card in Uganda dubbed the Masterpass QR. The unique MasterCard card can be customized with elements such as images, colors and more. The launch of the product in partnership with UBA is in harmony with MasterCard’s vision to advance …
Read More »BANKING: Centenary, Barclays see better days ahead
Look to heavy investment into technology to reverse slow 2016 growth Centenary Bank and Barclays Bank of Uganda Ltd registered slower growth in profits for the year ending December 2016 but the managers say that is no problem and instead remain positive about the future. Centenary’s profits grew by 8.2% …
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