Centenary Bank

Centenary Bank
Private
Industry Financial services
Founded 1983
Headquarters Mapeera House
44-46 Kampala Road
Kampala, Uganda
Key people
 John Ddumba Ssentamu,
chairman
Fabian Kasi,
managing director
Products Loans, checking, savings, investments, debit cards
Revenue Increase Aftertax: US$26.6 million (UGX:73.8 billion) (2014)[1]
Total assets UGX:1.63 trillion (2014)
Number of employees
 1,767 (2012)[2]
Slogan LOVE UNITE AND SERVE
Website Homepage

Centenary Bank is a commercial bank in Uganda. It is one of the commercial banks licensed by the Bank of Uganda, the central bank and national banking regulator.[3]

Overview

The bank is a large financial services provider in Uganda. It is primarily involved in the promotion of development through loans to rural farmers, processors of agricultural produce, small traders, small manufacturers, importers, and exporters. While engaged in all areas of commercial banking, the bank has a significant portion of its portfolio in the microfinance arena in an attempt to meet the needs of the many individuals and business entities with limited means. As of December 2014, the bank's assets were valued at UGX:1.63 trillion.[4]

History

The bank was founded in 1983 as a credit trust, Centenary Rural Development Trust (CRDT), by Simeon Lutaakome, Hugh Francis Pulle, Paul Kateregga, Vincent Kirabo kya Maria, Emmanuel Mpande, and John Ogutu.[5] In 1985, CRDT began to provide financial services to the public. The bank became a fully licensed commercial bank in 1993, after receiving a license from the Bank of Uganda. Centenary Bank is the second-largest indigenous Ugandan bank, behind Crane Bank.[6]

Ownership

As of December 2012, the bank's stock was privately owned by the following corporate entities and individuals:[7]

Centenary Bank Stock Ownership
Rank Name of OwnerPercentage Ownership
1 Roman Catholic Dioceses of Uganda 38.5
2 Uganda Roman Catholic Secretariat 31.3
3 Stitching Hivos-Triodos Fonds 18.3
4 SIDI 11.6
5 Ugandan individuals 0.3
Total100.00

1 - Stitching Hivos-Triodos Fonds is a fully owned subsidiary of Triodos Bank, a Dutch investment bank. 2 - SIDI - Solidarité Internationale pour le Développement et l'Investissement, is a French investment bank.

Branch network

As of June 2014, Centenary Bank had its headquarters in Kampala. Its headquarters building is Mapeera House, on Kampala Road opposite City Square. The bank had a network of 62 bank branches together with 147 linked automated teller machines in the Central, Western, Northern, and Eastern Regions. The bank had nearly 1,240,100 deposit customers.

Centenary Bank has the second-largest branch network in Uganda, behind Stanbic Bank. The majority of the bank's branches are in rural areas, and the bank plans to open more branches in future.[8] As of October 2013, the branches of the bank included the following locations, arranged alphabetically:[9]

  1. Apac Branch - 22 Akokoro Road, Apac
  2. Arua Branch - 3 Avenue Road, Arua
  3. Bugiri Branch - 117 Grant Street, off Iganga-Tororo Highway, Bugiri
  4. Bwaise Branch - 526 Bombo Road, Bwaise[10]
  5. CenteMobile Branch - Based at Gulu Branch, 426 Gulu Street, Gulu
  6. Entebbe Road Branch - Talenta House, 7 Entebbe Road, Kampala
  7. Entebbe Road Annex Branch - 18-20 Entebbe Road, Kampala
  8. Fort Portal Branch - 4 Rukidi III 7th Street, Fort Portal
  9. Gulu Branch - 426 Gulu Street, Gulu
  10. Hoima Branch - 41-43 Fort Portal Road, Hoima
  11. Ibanda Branch - 4 Main Street, Ibanda
  12. Iganga Branch - Wagoina Road, Iganga
  13. Ishaka Branch - 432 Rukungiri Road, Ishaka
  14. Isingiro Branch - 17A High Street, Isingiro
  15. Jinja Branch - 6 Nizam Road, Jinja
  16. Kabalagala Branch - Ggaba Road, Kabalagala
  17. Kabale Branch - 129 Kabale Road, Kabale
  18. Kagadi Branch - Kagadi
  19. Kamuli Branch - Kamuli[11]
  20. Kanungu Branch - Kihiihi Road, Kanungu
  21. Kapchorwa Branch - 1 Market Street, Kapchorwa
  22. Kasese Branch - 13-14 Portal Street, Kasese
  23. Kayabwe Branch - Kayabwe, Mpigi District
  24. Kayunga Branch - Main Street, Kayunga[12]
  25. Kiboga Branchh - 101 Hoima Road, Kiboga
  26. Kikuubo Branch - 38 William Street, Kampala
  27. Kireka Branch - Kampala-Jinja Highway, Kireka, Kira Municipality[13]
  28. Kisoro Branch - Kisoro
  29. Kitgum Branch - 7-8 Ogwok Road, Kitgum
  30. Koboko Branch - 19 Central Road, Koboko
  31. Kotido Branch - Kotido
  32. Kumi Branch - 39 Ngora Road, Kumi
  33. Kyenjojo Branch - 2-6 Nyantongo Road, Kyenjojo
  34. Kyotera Branch - 6 Kyotera Road, Kyotera
  35. Lira Branch - 5-7 Soroti Road, Lira
  36. Lugogo Branch - Forest Mall, Lugogo Bypass Road, Kampala
  37. Lyantonde Branch - Central Road, Lyantonde
  38. Makerere University Brancch - St Augustine Students' Center, Makerere University Main Campus, Kampala
  39. Masaka Branch - 6 Edward Avenue, Masaka
  40. Masindi Branch - 59-61 Masindi Port Road, Masindi
  41. Mapeera House Branch - Mapeera House, Kampala Road, Kampala Main Branch
  42. Mbale Branch - 54 Republic Street, Mbale
  43. Mbarara Branch - 25-27 High Street, Mbarara
  44. Mityana Branch - 50 Corner House, Mityana
  45. Moroto Branch - Moroto
  46. Mubende Branch - Mubende
  47. Mukono Branch - Kampala-Jinja Highway, Mukono
  48. Najjanankumbi Branch - Pelican House, 1032 Entebbe Road, Najjanankumbi
  49. Nakivubo Road Branch - Mukwano Arcade, Kampala
  50. Namirembe Road Branch - 16 Namirembe Road, Kampala
  51. Nateete Branch - Masaka Road, Kampala
  52. Nebbi Branch - 1-5 Bishop Orombi Road, Nebbi
  53. Ntinda Branch - Capital Shoppers Mall, Ntinda Road, Ntinda, Kampala
  54. Ntungamo Branch - 4C Mbarara-Kabale Road, Ntungamo[14]
  55. Rubaga Branch - Rubaga Cathedral Administration Block, Stensera Road, Lubaga - Adjacent to St. Mary's Cathedral
  56. Rukungiri Branch - 910 Kinyasono Road, Rukungiri
  57. Soroti Branch - 36 Gweri Road, Soroti
  58. Tororo Branch - 3 Uhuru Drive, Tororo
  59. Wakiso Branch - 214 Main Street, Wakiso
  60. Wobulenzi Branch - 249 Gulu Road, Wobulenzi

See also

Photos

References

  1. ↑ Adengo, Jonathan (22 April 2014). "Centenary Bank Posts Shs74 Billion Profit". Daily Monitor. Retrieved 23 April 2015.
  2. ↑ "Audited 31 December 2012 Annual Report" (PDF). Centenary Bank. Retrieved 24 April 2014.
  3. ↑ BOU (June 2015). "List of Licensed Commercial Banks As At June 2015" (PDF). Kampala: Bank of Uganda (BOU). Retrieved 18 December 2015.
  4. ↑ Mwesigwa, Alon (6 May 2015). "Ugandan Banks Shine As Kenya's See Profits Drop". The Observer (Uganda) via AllAfrica.com. Retrieved 8 May 2015.
  5. ↑ "Uganda's Largest Bank Opens Towers". East African Business Week via AllAfrica.com. 17 June 2012. Retrieved 24 April 2014.
  6. ↑ Angumya, Edgar (17 April 2012). "Crane Becomes Biggest Local Bank". The Observer (Uganda). Retrieved 24 April 2014.
  7. ↑ "Shareholding In Centenary Bank" (PDF). Centenary Bank. Retrieved 24 April 2014.
  8. ↑ Juuko, Sylvia (8 April 2010). "Centenary Bank Profits Up 15 Percent". New Vision. Retrieved 24 April 2014.
  9. ↑ "Branches of Centenary Bank". Centenary Bank. Retrieved 24 April 2014.
  10. ↑ Newvision, Archive (6 January 2010). "Centenary Bank's Performance Is Exemplary And Impressive". New Vision. Retrieved 24 April 2014.
  11. ↑ Namukoye, Geoffrey (21 August 2012). "Kamuli Welcomes Centenary Bank". The Observer (Uganda). Retrieved 24 April 2014.
  12. ↑ "Centenary Bank Extends Formal Banking Services To Kayuga District". 24 April 2014. 24 February 2012. Retrieved 24 April 2014.
  13. ↑ Ashaba, Anita (26 April 2013). "Centenary Bank Hits Record Shs1 Trillion Assets In 2012". Chimpreports.com. Retrieved 24 April 2014.
  14. ↑ Odomel, James (16 March 2009). "Centenary Goes To Ntungamo". New Vision. Retrieved 24 April 2014.

External links

This article is issued from Wikipedia - version of the Tuesday, March 29, 2016. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.