Centenary Bank
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| Private | |
| Industry | Financial services |
| Founded | 1983 |
| Headquarters |
Mapeera House 44-46 Kampala Road Kampala, Uganda |
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Key people
|
John Ddumba Ssentamu, chairman Fabian Kasi, managing director |
| Products | Loans, checking, savings, investments, debit cards |
|
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| Total assets |
|
|
Number of employees
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2,211 (2015) |
| Website | Homepage |
UGX:101.6 billion (2015)Centenary Bank is a commercial bank in Uganda. It is one of the commercial banks licensed by the Bank of Uganda, the central bank and national banking regulator.
The bank is a large financial services provider in Uganda. It is primarily involved in the promotion of development through loans to rural farmers, processors of agricultural produce, small traders, small manufacturers, importers, and exporters. While engaged in all areas of commercial banking, the bank has a significant portion of its portfolio in the microfinance arena in an attempt to meet the needs of the many individuals and business entities with limited means. As of December 2015, the bank's assets were UGX:1.974 trillion, with customer deposits of UGX:1.380 trillion and shareholders' equity of UGX:400 billion.
The bank was founded in 1983 as a credit trust, Centenary Rural Development Trust (CRDT), by Simeon Lutaakome, Hugh Francis Pulle, Paul Kateregga, Vincent Kirabo kya Maria, Emmanuel Mpande, and John Ogutu. In 1985, CRDT began to provide financial services to the public. The bank became a fully licensed commercial bank in 1993, after receiving a license from the Bank of Uganda. Since DFCU took over Crane Bank in January 2017, Centenary Bank has been the largest indigenous Ugandan bank.
As of December 2015[update], the bank's stock was privately owned by the following corporate entities and individuals:
As of December 2015[update], Centenary Bank had its headquarters in Kampala. Its headquarters building is Mapeera House, on Kampala Road opposite City Square. The bank had a network of 63 bank branches together with 157 linked automated teller machines at 115 locations in the Central, Western, Northern, and Eastern Regions. The bank had 1,473,958 deposit accounts.
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Wikipedia