Centenary Group commences celebrations for its 40 years of business
- Business Economy
- executivewatch
- June 15, 2023
- 0
- 3 minutes read
The Centenary Brand has commenced a four-month celebration commemorating its remarkable journey of 40 years in operations.
Since its humble beginnings in 1983, Centenary has grown to become one of the largest banks in the region, expanding its influence through subsidiary companies including a technology firm known as Centenary Technology Services, a regional bank known as Centenary Bank in Malawi, and a foundation known as Centenary Foundation.
Over the past four decades, the lender has undergone a transformative journey, starting from a modest establishment to establishing itself as a powerhouse in the financial industry. The institution’s commitment to excellence, innovation, and inclusivity has been the driving force behind its remarkable growth and success, according to company executives.
From the outset, Centenary recognized the importance of providing financial services to the underprivileged, aiming to bridge the gap and cater to the needs of the “last mile.” This dedication to financial inclusion has been a core tenet of the institution’s operations since its inception. Today, this commitment has evolved to encompass digital interventions, as Centenary Group continues to leverage technology to reach the most marginalized communities.
The Chairman of the Uganda Episcopal Conference, Bishop Joseph Anthony Zziwa, said on June 10, “I am immensely proud to witness the institution’s 40-year milestone and its profound impact on communities.
The Chairman of Centenary Group – Prof. John Ddumba-Ssentamu said, ‘as we embark on this remarkable milestone of celebrating 40 years of operations, we reflect on our journey with immense pride and gratitude.”
Centenary’s customer-led interventions have propelled the brand to serve a
staggering 2.6 million customers, making it one of the largest banks in Uganda in terms of customer base.
It’s commitment to meeting the diverse needs of its customers has enabled the bank to build a strong foundation, reflected in its impressive asset base of Ugx5.7 trillion. The Bank has also established a widespread presence through its extensive network of over 6,000 agents and 80 branches, ensuring convenient access to financial services across the country.