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
  • Increase UGX:101.6 billion (2015)
  • UGX:73.8 billion (2014)

[1]

Total assets
  • Increase UGX:1.974 trillion (2015)
  • UGX:1.635 trillion (2014)

[1]

Number of employees
2,211 (2015)[2]
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 2015, the bank's assets were UGX:1.974 trillion, with customer deposits of UGX:1.380 trillion and shareholders' equity of UGX:400 billion.[1][2]

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.[4] 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.[5]

Ownership

As of December 2015, the bank's stock was privately owned by the following corporate entities and individuals:[2]

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, a wholly owned subsidiary of Triodos Bank 18.3
4 Solidarité Internationale pour le Développement et l'Investissement, a French investment bank 11.6
5 Four Ugandan individuals 0.3
Total100.00

Branch network

As of December 2015, 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 63 bank branches together with 157 linked automated teller machines at 115 locations in the Central, Western, Northern, and Eastern Regions. The bank had 1,473,958 deposit accounts.[2]

  1. Adjumani Branch - 20 Manyi Road, Adjumani
  2. Apac Branch - 22 Akokoro Road, Apac
  3. Arua Branch - 3 Avenue Road, Arua
  4. Bugiri Branch - 117 Grant Street, off Iganga-Tororo Highway, Bugiri
  5. Bundibugyo Branch - 2 Block D, Fort Portal Highway, Bundibujyo Town Council
  6. Bwaise Branch - 526 Bombo Road, Bwaise[6]
  7. Bwera Branch - 102 Bukonjo Block, Bwera
  8. Entebbe Road Branch - Talenta House, 7 Entebbe Road, Kampala
  9. Entebbe Road Annex Branch - 18-20 Entebbe Road, Kampala
  10. Fort Portal Branch - 4 Rukidi III 7th Street, Fort Portal
  11. Gulu Branch - 426 Gulu Street, Gulu
  12. Hoima Branch - 41-43 Fort Portal Road, Hoima
  13. Ibanda Branch - 4 Main Street, Ibanda
  14. Iganga Branch - Wagoina Road, Iganga
  15. Ishaka Branch - 432 Rukungiri Road, Ishaka
  16. Isingiro Branch - 17A High Street, Isingiro
  17. Jinja Branch - 6 Nizam Road, Jinja
  18. Kabalagala Branch - Ggaba Road, Kabalagala
  19. Kabale Branch - 129 Kabale Road, Kabale
  20. Kagadi Branch - Kagadi
  21. Kamuli Branch - Kamuli[7]
  22. Kanungu Branch - Kihiihi Road, Kanungu
  23. Kapchorwa Branch - 1 Market Street, Kapchorwa
  24. Kasese Branch - 13-14 Portal Street, Kasese
  25. Kayabwe Branch - Kayabwe, Mpigi District
  26. Kayunga Branch - Main Street, Kayunga[8]
  27. Kiboga Branch - 101 Hoima Road, Kiboga
  28. Kikuubo Branch - 38 William Street, Kampala
  29. Kireka Branch - Kampala-Jinja Highway, Kireka, Kira Town
  30. Kisoro Branch - Kisoro
  31. Kitgum Branch - 7-8 Ogwok Road, Kitgum
  32. Koboko Branch - 19 Central Road, Koboko
  33. Kotido Branch - Kotido
  34. Kumi Branch - 39 Ngora Road, Kumi
  35. Kyenjojo Branch - 2-6 Nyantongo Road, Kyenjojo
  36. Kyotera Branch - 6 Kyotera Road, Kyotera
  37. Lira Branch - 5-7 Soroti Road, Lira
  38. Lugogo Branch - Forest Mall, Lugogo Bypass Road, Kampala
  39. Lyantonde Branch - Central Road, Lyantonde
  40. Makerere University Brancch - St Augustine Students' Center, Makerere University Main Campus, Kampala
  41. Masaka Branch - 6 Edward Avenue, Masaka
  42. Masindi Branch - 59-61 Masindi Port Road, Masindi
  43. Mapeera House Branch - Mapeera House, Kampala Road, Kampala Main Branch
  44. Mbale Branch - 54 Republic Street, Mbale
  45. Mbarara Branch - 25-27 High Street, Mbarara
  46. Mityana Branch - 50 Corner House, Mityana
  47. Moroto Branch - Moroto
  48. Mpigi Branch - 106 Butambala Road, Mpigi
  49. Mubende Branch - Mubende
  50. Mukono Branch - Kampala-Jinja Highway, Mukono
  51. Najjanankumbi Branch - Pelican House, 1032 Entebbe Road, Najjanankumbi
  52. Nakivubo Road Branch - Mukwano Arcade, Kampala
  53. Namirembe Road Branch - 16 Namirembe Road, Kampala
  54. Nateete Branch - Masaka Road, Kampala
  55. Nebbi Branch - 1-5 Bishop Orombi Road, Nebbi
  56. Ntinda Branch - Capital Shoppers Mall, Ntinda Road, Ntinda, Kampala
  57. Ntungamo Branch - 4C Mbarara-Kabale Road, Ntungamo[9]
  58. Paidha Branch - 16 Arua Road, Paidha
  59. Rubaga Branch - Rubaga Cathedral Administration Block, Stensera Road, Lubaga - Adjacent to St. Mary's Cathedral
  60. Rukungiri Branch - 910 Kinyasono Road, Rukungiri
  61. Soroti Branch - 36 Gweri Road, Soroti
  62. Tororo Branch - 3 Uhuru Drive, Tororo
  63. Wakiso Branch - 214 Main Street, Wakiso
  64. Wobulenzi Branch - 249 Gulu Road, Wobulenzi

See also

Photos

References

  1. 1 2 3 256BN (18 April 2016). "Centenary Bank shuffles ranks with Shs101 billion profit". Kampala: 256 Business News (256BN). Retrieved 14 November 2016.
  2. 1 2 3 4 Centenary Bank (8 April 2016). "Audited 31 December 2015 Financial Statements And Annual Report" (PDF). Centenary Bank. Retrieved 14 November 2016.
  3. BOU (June 2015). "List of Licensed Commercial Banks As At June 2015" (PDF). Kampala: Bank of Uganda (BOU). Retrieved 18 December 2015.
  4. EABW Staff (17 June 2012). "Uganda's Largest Bank Opens Towers". East African Business Week (EABW) via AllAfrica.com. Kampala. Retrieved 24 April 2014.
  5. Angumya, Edgar (17 April 2012). "Crane Becomes Biggest Local Bank". The Observer (Uganda). Retrieved 24 April 2014.
  6. Vision Reporter (6 January 2010). "Centenary Bank's Performance Is Exemplary And Impressive". New Vision. Kampala. Retrieved 14 November 2016.
  7. Namukoye, Geoffrey (21 August 2012). "Kamuli Welcomes Centenary Bank". The Observer (Uganda). Retrieved 24 April 2014.
  8. Kulabako, Faridah (29 February 2012). "Fraud a threat to banking, says Centenary boss". Daily Monitor. Kampala. Retrieved 14 November 2016.
  9. Odomel, James (16 March 2009). "Centenary Goes To Ntungamo". New Vision. Kampala. Retrieved 14 November 2016.

External links

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