Centenary Bank

Centenary Bank offers a diverse range of retail banking products for working-class, middle-class and high-net-worth individuals, as well as micro, small and medium enterprises (MSMEs) and corporate clients.

About Centenary

Centenary Bank was founded to commemorate the 100th anniversary of the Catholic Church in Uganda, with the goal of empowering the rural poor and contributing to the economic development of the country. Centenary has been a savings-led bank since 1985, when the church officially joined the founders of the Credit Trust to establish a formal financial institution. Centenary’s mission is to foster a savings culture among Ugandans and build a better future for all Ugandan citizens.

In 1993, Centenary Rural Development Bank Ltd. was registered as a full-service commercial bank. Today Centenary is a leading commercial bank in Uganda, serving more than 1.3 million customers. Its services can be accessed via 58 full-service branches and a nationwide network of more than 130 ATMs.

The Program

Centenary Bank is well-known for being one of the largest and most successful Ugandan financial institutions offering microfinance products designed for lower-income clients, especially women. The bank’s Cente SupaWoman account, launched in 2015, is a savings product that comes with access to the SupaWoman Club, offering financial literacy training, mentoring, networking opportunities, business advisory services, insurance discounts and more to its women clients. Centenary is also the formal banking partner for more than 270 savings and credit cooperatives — the grassroots providers of basic financial services prevalent throughout Africa — which are a mainstay for many low-income women.

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CENTENARY
AT A GLANCE

The bank began operating
in 1985, and became a
full-service commercial
bank in 1993.

Centenary Bank is a leading
microfinance commercial
bank in Uganda, serving
more than 1.3 million customers.

The bank’s services can
be accessed via 58 full-
service branches and a
nationwide network of
more than 130 ATMs.

Centenary is the formal
banking partner for more
than 270 savings and
credit cooperatives.

centenary-bank

The Opportunity - Uganda

  • 67%

    of Ugandan women over age 15 were employed in 2017, according to the World Bank.
  • 27%

    of women in the country had an account at a formal financial institution in 2017, Findex research showed.
  • 11%

    of women saved at a bank in 2017, but 65% of all women in the country saved money somewhere in 2017, Findex found.
  • 13%

    of Ugandan women borrowed money from a formal financial institution in 2017, according to Findex, yet 64% of the country's women took out a loan that year.