Centenary Bank’s mission is to provide appropriate financial services, especially microfinance, to all people in Uganda, particularly in rural areas, in a sustainable manner and in accordance with the law.
The bank’s vision is to be the best provider of financial services, especially micro-finance, in Uganda.
Centenary Bank started as an initiative of the Uganda National Lay Apostolate in 1983 as a credit trust. It began operations in 1985 and was mainly serving economically disadvantaged people especially in rural areas. Since 1993 it is registered as a fully-fledged commercial bank.
Centenary Bank is now the leading micro finance commercial bank in Uganda with:
Centenary Bank’s ownership comprises the Catholic Dioceses of Uganda (38.5%), the Uganda Catholic Secretariat (31.3%), the International Solidarity for Development and Investment based in France (11.6%) and the Stichting Hivos – Triodos Fonds in the Netherlands (18.3%) along with four individuals (0.3%).
Centenary Bank has a variety of banking products which include, deposit products, credit products, personal & business loans, agriculture financing, e-banking products and other services including money transfer, mobile money, e-payments, safe custody and treasury bills/bonds dealership service.
To deliver as a socially responsible bank Centenary participates in four main areas: