Kampala, 11th Aug 2023 – Centenary Bank, the largest commercial microfinance is commemorating 40 years of transformative banking services. As part of the celebrations, the bank embarked on a series of training sessions aimed at empowering educators in financial literacy across various regions.
The bank’s initiative to empower educators in financial literacy has been met with enthusiastic response, with several successful sessions already conducted in Kampala at Hotel Africana and Mukono at Collin Hotel with more scheduled to take place in Mbale on 15th August. Centenary bank will additionally train SMEs and Corporate Business customers in Gulu, Kampala and Jinja.
Educators from a number of educational institutions actively participated, demonstrating their commitment to enhancing financial literacy among students while contributing to the country’s development.
“We are humbled to witness the positive response from educators,” remarked Joseph Balikuddembe the Executive Director of Centenary Bank. “Despite your busy schedules, particularly during the ongoing exam season, we are grateful for your time and engagement. The dedication demonstrated reflects the shared vision of equipping the next generation with essential financial skills.”
Centenary Bank recognizes the pivotal role that educators play in shaping the nation’s future leaders. Balikuddembe expressed gratitude to the educators, highlighting their instrumental contribution to the bank’s four-decade journey.
“Our 40th anniversary celebration is a testament to the enduring partnerships we’ve built over the years,” stated Balikuddembe. “Many of you have been integral to the development of Centenary Bank, and we extend our heartfelt appreciation. Your stories of how Centenary Bank has transformed your institutions and lives are invaluable. We encourage you to share these stories with us, as they inspire us to continue making a positive impact.”
Centenary Bank’s commitment to the education sector encompasses addressing key challenges faced by schools, including financial gaps, knowledge gaps related to governance and financial literacy, as well as opportunities for growth and expansion. Through its trainings, the bank seeks to provide practical solutions to these challenges, fostering a stronger educational ecosystem.
The trainings are part of Centenary Bank’s holistic approach to social responsibility, ensuring that its initiatives extend beyond the financial sphere in the communities served.
“We stand by our clients with a lifelong promise – ‘With you for life’,” emphasized Balikuddembe. “This theme resonates throughout our engagements, reflecting our unwavering commitment to our clients’ well-being and growth. As we continue celebrating our 40th anniversary, this promise remains at the core of our interactions,” Balikuddembe noted.
As Centenary Bank looks towards the future, it embraces this milestone as an opportunity to build stronger partnerships with educators and contribute meaningfully to the development of the education sector.
Centenary Bank is the leading commercial microfinance Bank in Uganda, with 79 branches and 206 ATMs across the country. The Bank serves over 2.5 million customers through various digital channels including CenteVisa (Debit & Prepaid), CenteMobile, CenteOnline banking and over 7,000 CenteAgents. The mission is “To transform live by providing appropriate financial services, especially microfinance to all people, especially in the rural.”