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A Reflection into Centenary Group’s 40 Years of Transforming Financial Inclusion and Empowering Communities

Centenary Group recently announced the commencement of a four-month celebration to commemorate its remarkable journey of 40 years in operations. The institution’s visionary leadership and unwavering commitment to financial inclusion have propelled its growth and success, transforming the lives of millions of individuals and businesses across the region.

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Since its inception in 1983, Centenary Group has evolved from a modest establishment to a powerhouse in the financial industry, expanding its influence through subsidiary companies such as Centenary Technology Services, Centenary Bank in Malawi, and Centenary Foundation. This milestone celebration not only honors the institution’s accomplishments but also reinforces its commitment to creating a better world for all.

Under the theme of “Transforming Financial Inclusion,” Centenary Group has played a pivotal role in bridging the gap and catering to the needs of the “last mile.” Recognizing the importance of providing financial services to the underprivileged, the institution has been at the forefront of leveraging technology to reach marginalized communities, pioneering digital interventions that extend beyond traditional boundaries.

Bishop Joseph Anthony Zziwa, Chairman of the Uganda Episcopal Conference, expressed immense pride in witnessing the institution’s 40-year milestone and its profound impact on communities. Guided by their social mission, Centenary Group has consistently uplifted and empowered communities through inclusive and sustainable initiatives. The four-month celebration serves as a testament to their dedication to driving positive change and forging a brighter future for generations to come.

Prof. John Ddumba-Ssentamu, Chairman of Centenary Group, reflected on the institution’s journey with pride and gratitude. He emphasized their vision to be the preferred Group in financial inclusion and innovative business solutions, which has guided their path of growth and expansion. From humble beginnings, Centenary Group has grown across Africa, embracing the spirit of progress and bringing transformative services to new communities.

Centenary Group’s commitment to meeting the diverse needs of its customers has resulted in serving a staggering 2.6 million customers, solidifying its position as the largest bank in Uganda. The institution’s impressive asset base of UGX 5.7 trillion reflects its strong foundation, while its extensive network of over 6,000 agents and 80 branches ensures convenient access to financial services throughout the country.

Centenary Technology Services, the Group’s technology company, stands at the forefront of innovation, using information and communication technology (ICT) to bridge the gap between the haves and have-nots. By leveraging digital advancements, Centenary Technology Services is breaking down barriers and creating opportunities for even the most underserved communities.

Centenary Foundation, another subsidiary of the Group, empowers marginalized and vulnerable groups to sustainably transform their lives. With a vision of a safe and sustainable world, the Foundation addresses poverty, conserves natural resources, and creates a better place to live and thrive.

The new subsidiary, Centenary Bank in Malawi, is dedicated to uplifting livelihoods, particularly in rural areas, through targeted interventions that drive financial empowerment and sustainable development. With an aspiration to become the best digital bank in Malawi, Centenary Bank is committed to leveraging cutting-edge technology to deliver innovative and inclusive banking solutions.

The four-month anniversary celebration by Centenary Group will encompass a series of commemorative events, campaigns, and initiatives aimed at expressing gratitude to customers, partners, and stakeholders who have been integral to its success. The institution also seeks to engage with the wider community to foster a shared vision for a more inclusive and prosperous future.

The celebration will culminate in a grand finale in Kampala, Uganda’s capital, paying tribute to the past, toasting to the present, and promising a future filled with even greater achievements. As Centenary Group looks ahead, it remains steadfast in its vision to be the preferred Group in financial inclusion and innovative business solutions, championing interventions for the “last mile” and driving digital transformations for greater accessibility, efficiency, and convenience for all.

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