Centenary Bank is the second largest bank in Uganda in terms of the scope of its services. Its easy accessibility and relatively low rates have given Centenary Bank the reputation of being a bank for all Ugandans. Centenary Bank is the market leader in the microfinance sector in Uganda and is also active in rural areas. The demand for loans remains high. Hivos-Triodos Fund, Triodos Microfinance Fund, Triodos Fair Share Fund and Triodos-Doen have provided loans that will enable Centenary Bank to continue to expand its microfinance portfolio. Hivos-Triodos Fund is a shareholder in the bank; a senior officer from Triodos Bank represents the fund on the Board of Directors.
KEY INDICATORS Centenary Bank at year-end 2012:
- number of loan clients: 133,802
- percentage female clients: 30%
- percentage rural clients: 38%
- average loan amount: EUR 1,162
- number of savings clients: 907,616