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Centenary Bank scoops accolade at 30th Global Finance Awards

Beatrice Lugalambi, the General Manager Corporate Communications and Marketing at Centenary bank receives the award for the best bank 2023 in Uganda overall at the 30th Global Finance awards in Morocco last week.

Kampala, Uganda | THE INDEPENDENT |  Centenary Bank has been recognized and awarded as the best bank at the 30th Global Finance awards.

In a grand celebration held alongside the IMF World Meetings in Marrakech, Morocco, Centenary Bank has emerged as the shining star of the global banking industry, securing the coveted title of “Best Bank” at the 30th Global Finance Awards.

This remarkable achievement marks a momentous milestone for Centenary Bank, affirming its commitment to excellence and innovation in the financial sector. Centanary Bank is the largest microfinance institution in Uganda.

The Global Finance Awards are renowned worldwide for recognizing and celebrating the outstanding achievements and contributions of financial institutions across the globe.

The panel of judges at the Global Finance Awards took note of Centenary Bank’s outstanding financial performance, remarkable growth, and continuous commitment to delivering cutting-edge financial solutions. The bank’s exceptional track record in risk management, sustainable practices, and corporate social responsibility were also highlighted.

Beatrice Lugalambi, the General Manager Corporate Communications and Marketing of Centenary Bank, expressed her gratitude for the recognition, stating, “This award is a testament to the tireless efforts of our team, our commitment to delivering superior banking services, and our unwavering focus on our customers’ financial well-being. We take pride in being a bank that prioritizes innovation and inclusivity, and this award further fuels our determination to continue on this path.”

“Centenary Bank’s journey to becoming the “Best Bank” has been marked by transformative initiatives such as financial literacy programs, support for small and medium-sized enterprises (SMEs), and investment in cutting-edge technology. These efforts have not only strengthened the bank’s position in the market but have also played a crucial role in driving the economic development of Uganda.”

This prestigious accolade comes at a time when Centenary Bank is celebrating 40 years of positive impact and transformation in the Ugandan economy, and it serves as a timely testament to the bank’s enduring legacy of excellence and resilience.

According to a statement from Mapeera House, “Centenary Bank, has long been at the forefront of innovation and customer-centric financial solutions. Its commitment to creating a brighter and more prosperous future for its customers has earned it the trust of millions of clients over the years. The bank’s comprehensive range of services, which includes retail and corporate banking, microfinance, and digital banking, has been instrumental in driving financial inclusion and empowerment in the region.”