By our reporter

Centenary Bank has scooped the ‘Women’s Market Champion’ award from the Global Banking Alliance (GBA) for Women in recognition of its innovation and support towards women economic empowerment.

The GBA is a consortium of financial institutions driving women’s wealth creation with membership of more than 135 countries to build programs that empower women with the tools they need to succeed.

The bank received the award during the 14th GBA summit in Brazil held recently. The event drew more than 150 stakeholders from banks and International Finance Institutions, as well as regulators, policymakers and thought leaders from around the world. Discussions were held around concrete actions that can be taken to advance the economic inclusion of women around the world. Participants also shared best practices, innovations and lessons learned around serving Women’s Market.

While handing over the award, the CEO of GBA, Inez Murray, congratulated the bank upon setting the trend in the country and region. She urged other banks and financial institutions to adopt women-focused programs and concentrate on products that suit the needs of customers.

“GBA members are making a difference for women while simultaneously growing their bottom lines. These exemplary banks are proving every day that not only is financing women the right thing to do – it also makes good business sense,

About the Author

Nyambura is a senior journalist based in Kampala

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