Centenary Bank, under the leadership of Dr. Fabian Kasi, has been recognised for its outstanding contributions to Uganda’s economic growth, receiving two prestigious awards and three certificates of recognition from the Bank of Uganda.
This impressive achievement is a testament to the bank’s commitment to supporting farmers, small businesses, and communities through accessible and purpose-driven financing.
Awards and Recognition
The awards and certificates of recognition were given in appreciation of Centenary Bank’s strong performance in two key initiatives:
Small Business Recovery Fund (SBRF)
Centenary Bank was honoured as the Overall Winner for timely and full repayment of loans due under the SBRF as of March 31, 2025.
This achievement demonstrates the bank’s ability to manage risk and provide effective support to small businesses.
Agricultural Credit Facility (ACF)
Centenary Bank was recognised as the 1st Runner-Up for Best Performing Financial Institution (Commercial Bank and UDBL category) under the ACF. This award highlights the bank’s commitment to supporting farmers and agricultural businesses.
Certificates of Recognition
In addition to the awards, Centenary Bank received three certificates of recognition for its outstanding performance in specific areas:
Value Addition Projects
The bank emerged 1st Runner-Up for disbursing the highest number of loans to value addition projects under the ACF.
Grain Trade Beneficiaries
1st Runner-Up for disbursing the highest number of loans to grain trade beneficiaries under the ACF.
Underserved Geographical Regions
The bank scooped the position of 2nd Runner-Up for disbursing the highest number of loans in underserved geographical regions under the ACF.
Commitment to Supporting Farmers and Small Businesses
These recognitions reaffirm Centenary Bank’s commitment to supporting farmers, small businesses, and communities through accessible and purpose-driven financing. The bank’s performance demonstrates its ability to provide effective support to key sectors of the economy, driving growth and development in Uganda.
Centenary Bank’s double awards and triple recognition from the Bank of Uganda are a testament to the bank’s dedication to supporting Uganda’s economic growth.
The bank’s commitment to providing accessible and purpose-driven financing to farmers, small businesses, and communities is driving positive change in the country.
These achievements demonstrate Centenary Bank’s position as a leader in Uganda’s financial sector and its role in promoting economic development.