Its non-performing loans moved slightly from 3.95% to 3.97% Kampala, Uganda | ISAAC KHISA | Centenary Bank has defied the effects of coronavirus pandemic to record a 3.4% growth in net profit to Shs161.2bn for the year ended Dec. 2020. According to the bank’s financial statements, total assets increased from …
Read More »Three arrested for defrauding bank customer UGX 18 million
Kampala, Uganda | THE INDEPENDENT | Three suspects are in police custody for conning a Centenary bank customer more than Shillings 18 million in dollar exchange scam in Kampala. Charles Twine, the Sspokesperson of the Criminal Investigations Directorate-CID identifies the suspects as Mpagi Denis, Akuli Umuru and a woman only identified as …
Read More »Armed robbers attack bank agent, rob UGX 32m in Kagadi
Kagadi, Uganda | THE INDEPENDENT | Police in Kagadi district is investigating an attack by armed men who raided Bukwara Trading Centre on Sunday night and robbed up to 32 million Shillings from two different people. Julius Hakiza, the Albertine Region Police Spokesperson told Uganda Radio Network that the two armed …
Read More »Centenary Bank’s Byekwaso tops Uganda CFO Awards 2020
📌CFO Awards winners 2020 ✳ CFO award of the year – Godfrey Byekwaso CENTENARY BANK ✳ ME/SOCIAL impact award – Moses Kargbo TUGENDE LTD ✳ Not-for-Profit Award – Edith Nalwadda RIGHT TO PLAY ✳ Public Sector Award – Augustine Tamale NEW VISION ✳ Young CFO Award – Ivan Mandela SHONA GROUP ✳ Finance …
Read More »Businesses can succeed during and after COVID-19
Top executives at PSFU, Centenary Bank and NSSF share ideas Kampala, Uganda | JULIUS BUSINGE | These are tough times. New strategies have to be designed and implemented by business managers to achieve success during and post-COVID-19 era. This was the general message that came out of the speeches of …
Read More »Centenary Bank extends coronavirus support to Mulago Hospital
Kampala, Uganda | THE INDEPENDENT | Centenary Bank has extended support to Mulago hospital with items that are meant to aid patients observe standards operating procedures as they await to access treatment at the hospital lobby. This development comes amidst an alarming surge in the number of infected persons in the …
Read More »Majority in non-essential category apply for loan restructuring – Centenary Bank
Kampala, Uganda | THE INDEPENDENT | Nearly all people and business owners who were declared non-essential during the COVID-19 lockdown and therefore not expected to leave their homes are seeking for loan restructuring, Centenary bank has said. In a zoom meeting with small businesses owners on Thursday, Centenary Bank General …
Read More »Centenary Bank after tax profits increase to UGX 156Bn
Kampala, Uganda | THE INDEPENDENT | Centenary bank has announced a 45% increase in after-tax profits to 155.9 billion shillings making it the second most profitable bank in the country after Stanbic Bank. In 2018, the Catholic Church-owned institution made 107 billion shillings in net profit. The financial results …
Read More »Centenary Bank joins COVID-19 fight with Shs200million
Kampala, Uganda | Julius Businge | Centenary Bank has joined the list of corporate companies that have responded to President Yoweri Museveni’s call for well-wishers to donate money and relief items to aid the fight against the spread of coronavirus pandemic. The bank has contributed protective gear to upcountry health centres and …
Read More »Centenary Bank scraps digital transaction charges for 30 days
Kampala, Uganda | Julius Businge | Due to disruptions caused by COVID-19 lockdown, Centenary Bank top officials have announced the removal of charges for account to mobile wallet transfers for any amount using its CenteMobile platform. Officials said on April 15 that customers can also withdraw Shs 50,000 at CenteAgent locations and …
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