Centenary Bank Kicks Off Celebrations to Mark 40 years of Operations

Centenary Group on Saturday kicked off a series of activities that will climax in celebrations to mark their 40 years of its operations in Uganda.

The ruby jubilee celebrations, which will last four months, are intended to remind customers of the Catholic Church-owned bank of their heritage and values, which are geared towards promoting financial inclusion and transformation of lives.

The activities kicked off with Holy Mass at t St. Augustine Nsambya in Kampala led by Bishop Joseph Antony Zziwa of Kiyinda-Mityana Diocese.

Bishop Zziwa, who is also the chairman of the Uganda Episcopal Conference, also emphasised the importance of youth engagement in financial inclusion, urging the bank to consider their needs as they represent majority of Uganda’s population.

“As a bank for the poor, Centenary Bank continues to make significant contributions to corporate social responsibility, aiming to improve the lives of those in need. It is essential for Centenary Bank to reach out to various causes and initiatives that aim to uplift communities and make a positive impact on society,” he said.

Bishop Zziwa also stressed the significance of working together, saying collaboration is key to maximizing the bank’s output and achieving greater success.

“A heartfelt thanks was extended to the government for their continuous support and for ensuring a secure environment for the bank and its customers. By securing the environment, we can collectively preserve Uganda’s status as the pearl of Africa and safeguard its prosperity for future generations,” he said.

Centenary Bank Kicks Off Celebrations to Mark 40 years of Operations
Bank stakeholders light a candle to mark the start of celebrations

Bishop Zziwa also called on the stakeholders to work toward pushing the banking institution to the number one spot in the country.

“I think we are currently number two, but we cannot settle for that because there is a good reason why we want to be number one.”

The Chairman Centenary Group, Prof. John Ddumba Ssentamu, appreciated all those who have contributed to the bank’s journey, from its inception to date.

“I extend gratitude to the regulator and government for their continued support towards the development of our bank. To all those who have supported our bank’s growth and progress, we are sincerely grateful for your invaluable contributions. We remain committed to our mission of serving our customers and making a positive impact on their lives and the communities we serve,” he said.

Mr. Joseph Balikuddembe, the bank’s Executive Director, affirmed that the celebrations mark the fulfilment of their dream to provide financial services to all.

“Since 1979, we have become the largest microfinance bank, generating over 3,000 direct jobs and an additional 6,000 indirect jobs through our CenteAgent platform,” he said.

He also expressed profound gratitude for the unwavering commitment and strategic vision, as we collectively empower individuals and communities, shaping a brighter and more inclusive future.

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