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Tag Archives: Centenary Bank

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 …

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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 …

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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 …

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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 …

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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 …

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