The Big Story

2021: Centenary Bank hits a record UGX4.8 trillion in assets and UGX211.5 billion net profit

Fabian Kasi, is Managing Director Centenary Bank PHOTO/Courtesy
by Muhereza Kyamutetera
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Innovation, largely driven by investments in financial technologies, coupled with prudent credit management, enabled Centenary Bank to fend off a tough 2021 to not only remain growing but reach record highs in its 39-year history While prolonged lockdowns significantly affected the education sector- one of the bank’s major sources of vital customer deposits, the bank, literally banked on its

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About the Author

Muhereza Kyamutetera is the Executive Editor of CEO East Africa Magazine. I am a travel enthusiast and the Experiences & Destinations Marketing Manager at EDXTravel. Extremely Ugandaholic. Ask me about #1000Reasons2ExploreUganda and how to Take Your Place In The African Sun.