Centenary Bank’s commitment to Environmental responsibility.

Centenary Bank is a subsidiary of Centenary Group and is Uganda’s leading commercial microfinance bank serving over 3 million customers, particularly in rural areas. For 42 years the bank has provided inclusive financial services that empower individuals, businesses, and communities. Our mission is “To transform lives through inclusive and innovative financial solutions especially in rural areas sustainably” and we believe we can achieve this through a resilient community and environment in which we and our communities can thrive together.

Centenary Bank’s commitment to environmental stewardship is rooted in its core values

1. Environmental Stewardship and Corporate Social Responsibility – The bank believes in creating a positive impact beyond banking by supporting initiatives that protect natural resources, enhance resilience of vulnerable communities and promote climate change adaptation. These include green financing, environmental conservation projects and responsible banking practices.  In the past three years, the bank has planted over 70,000 trees in collaboration with communities, schools and other government and non-governmental institutions. Additionally, the bank has partnered with various organizations to implement waste management initiatives, including the provision of waste bins to reduce environmental pollution.
2. Innovation and Sustainability – Centenary Bank promotes green finance solutions, offering loans for renewable energy, irrigation and power connection to help individuals and businesses transition to clean energy sources like solar power, hydroelectricity and energy-efficient cooking solutions. In 2024, the bank launched an annual green finance forum that brings together key players in the energy sector to discuss pertinent issues and forge investment pathways for building resilience. The bank also conducts social and environmental risk assessments on all credit transactions to ensure compliance with best practices and support customers in aligning with ESG requirements.
3. Community Empowerment – Centenary Bank prioritizes financial inclusion while ensuring communities thrive in a healthy environment. The bank actively engages in tree-planting campaigns, climate education programs and partnerships with environmental organizations to promote sustainability. The bank collaborates with local authorities and government ministries to run greening campaigns aimed at building resilience in vulnerable communities.