The Independent Uganda: You get the Truth we Pay the Price
Kampala, Uganda | THE INDEPENDENT | Centenary Bank has opened a new branch in Buliisa district in western Uganda, expanding its network to 81 branches.
This new branch aims to serve the broader community in Bunyoro region, which is experiencing a fast increase in economic activity stimulated by the Oil and Gas sector.
Beatrice Lugalambi, General Manager, Corporate Communications and Marketing at Centenary Bank said the new branch aligns with the bank’s agenda to promote financial inclusion by expanding its services to all corners of Uganda.
“As a bank, it is our dream that every Ugandan has access to financial services at their convenience, and this is something we have been deliberate about,” Lugalambi said.
“Our branch network continues to grow because of our dedication to acting as a stimulant for the various economic activities taking place in all corners of our country.”
Currently, Uganda’s banking sector serves fewer than 13 million people out of a population of over 45 million, according to the Uganda Bankers Association. However, channels like agent banking have helped bridge the gap left by the lack of branches in remote areas.
Samuel Bwete, the Branch Manager, Centenary Bank Buliisa said the new bank would open numerous opportunities that will help local communities.
