It has 1.3 million customers many of which are in the agricultural sector. Intelligentcio.com. width: 1em !important; Please enter your username or email address to reset your password. margin: 0 .07em !important; Follow us on Twitter @Mastercard News, join the discussion on the Beyond the Transaction Blog and subscribe for the latest news on the Engagement Bureau. googletag.pubads().enableSingleRequest(); It is clear to see why the National Financial Inclusion Strategy is needed, according to the 2016 Financial Inclusion Insights Survey, only 11 out of every 100 adults in Uganda have access to a bank account. Get the inside scoop on jobs, salaries, top office locations, and CEO insights. Mfw4a.org. Centenary Bank is Uganda’s leading commercial microfinance bank serving customers with 69 branches and 172 ATMs across the country. } Press Releases /* */ In 2011, the Centenary Bank launched a program with the World Bank Group to develop loans in the Ugandan agricultural sector. metaWord : "", “We will also be working with the Mastercard Advisors team to develop a strong framework for current and future interventions, with the help of market and global insights.”, “The partnership is part of the Mastercard commitment to financially empower 100 million people in Africa by 2020,” said Chris Bwakira, Vice President and Area Business Head for East Africa, Mastercard. Centenary Bank and Mastercard have today, 19 July 2017, announced at the Annual Bankers’ Conference their multipronged approach to digitising Uganda’s economy in support of the National Financial Inclusion Strategy. Centenary Rural Development Bank has been one of the top financial institution in Uganda for the past recent years and has managed to keep it’s pedigree as a top bank for many reasons. Centenary Bank and MasterCard have signed an agreement to boost the National Financial Inclusion Strategy aimed at bringing more Ugandans into the financial system through savings and payments. MultiChoice Uganda launches 3 for 1 showmax special offer, CAF, StarTimes announce partnership to broadcast Total CHAN, Cameroon 2020 in Sub-Saharan Africa, ISO operatives coached me on how to pin Bobi Wine in court – Kibalama, BREAKING! We have been trusted by over 1.4 million customers, a third of the total banking population in Uganda. M-KOPA, which already provides affordable, safe and clean energy to three million people in East Africa has launched Mastercard’s … document.dispatchEvent(eOT); } Bank code A-Z 4 letters representing the bank. window._wpemojiSettings = {"baseUrl":"https:\/\/s.w.org\/images\/core\/emoji\/72x72\/","ext":".png","source":{"concatemoji":"https:\/\/newsroom.mastercard.com\/mea\/wp-includes\/js\/wp-emoji-release.min.js?ver=4.2.9"}}; Following the recent signing of a strategic partnership agreement focused on boosting financial inclusion in the East African market the two partners on Wednesday further strengthened their partnership by signing a Commercial Banking Agreement (CBA), which will see the rollout of a broad suite of digital payment solutions. 61,606 were here. “We are pleased to be part of this transformation journey in Uganda, and there is still much to be done to ensure we don’t only provide access but that together we also ensure usage of financial tools that will assist Ugandans to have a financial history giving them the power to build a stronger future for themselves and their families.”. Mastercard is a technology company in the global payments industry. Mastercard (NYSE: MA), http://www.Mastercard.com, is a technology company in the global payments industry. Part of this commitment is working alongside partners that share our vision, and Mastercard will work with us to diversify our services and solutions,” explained Mr. Kasi. 0800 200 555 Loan Calculator Amount. (adsbygoogle = window.adsbygoogle || []).push({}); window.googletag = window.googletag || {cmd: []}; Account with the our Bank Registered on the CenteMobile Banking platform Message. High Court directs Military, Police to vacate Bobi Wine’s home, Ugandan embassy in Saudi Arabia faces closure over rent, distressed workers sleep outside, Court decides on Bobi Wine’s ‘illegal detention’ today. Fintechfutures.com. Centenary Bank and MasterCard on Wednesday announced that their multipronged approach to digitising Uganda’s economy in support of the National Financial Inclusion Strategy. img.wp-smiley, Mastercard operates the world’s fastest payments processing network, connecting consumers, financial institutions, merchants, governments and businesses in more than 210 countries and territories. Our mission is to provide appropriate financial services especially Micro finance to all people in a sustainable manner and in accordance with the law. In 2011, the Centenary Bank launched a program with the World Bank Group to develop loans in the Ugandan agricultural sector. #adcopy-puzzle-image img {width: 100%; height: 100%}. (b.addEventListener("DOMContentLoaded",g,!1),a.addEventListener("load",g,!1)):(a.attachEvent("onload",g),b.attachEvent("onreadystatechange",function(){"complete"===b.readyState&&c.readyCallback()})),f=c.source||{},f.concatemoji?e(f.concatemoji):f.wpemoji&&f.twemoji&&(e(f.twemoji),e(f.wpemoji)))}(window,document,window._wpemojiSettings); Compare pay for popular roles and read about the team’s work-life balance. [CDATA[ */ In 2011, the Centenary Bank launched a program with the World Bank Group to develop loans in the Ugandan agricultural sector. Today it is one of the largest banks in Uganda with 62 branches across the country and 146 ATMs. QR payments solution launched to help provide simple and affordable payments for people and businesses in Uganda. !function(a,b,c){function d(a){var c=b.createElement("canvas"),d=c.getContext&&c.getContext("2d");return d&&d.fillText? Tell us about yourself so we can get in touch. height: 1em !important; var di = { The CenteVisa card is a globally accepted card that operates using Chip and Pin technology, which provides enhanced security. title : "Centenary Bank and Mastercard partnership will transform Uganda’s Economy", /* ]]> */ Uganda, 19 July 2017: Centenary Bank and Mastercard have today announced at the Annual Bankers’ Conference their multipronged approach to digitising Uganda’s economy in support of the National Financial Inclusion Strategy. In a bid to redefine customer experience, Centenary bank has come up with a new CenteVisa debit Card. Mastercard operates the world’s fastest payments processing network, connecting consumers, financial institutions, merchants, governments and businesses in more than 210 countries and territories. By Watchdog reporter Centenary Bank and Mastercard have on Wednesday announced at the Annual Bankers’ Conference their multi-prolonged approach to However, 53 percent of adults are using mobile payment solutions to transact. ↑ "Centenary Bank and Mastercard partnership will transform Uganda's Economy". In June, Finance minister Matia Kasaija delivered the 2017/18 National Budget, which re-emphasised the importance of the National Financial Inclusion Strategy. Centenary Bank (full name: Centenary Rural Development Bank) was established in 1983. THUR, OCT 25 2018-theG&BJournal-Mastercard in partnership with M-KOPA Solar and Centenary Bank, celebrated the first ‘pay-as-you-go’ QR transaction this week, officially launching the initiative, which provides a simple and inexpensive way to power the homes and businesses of Ugandans. QR payments solution launched to help provide simple and affordable payments for people and businesses in Uganda Kampala, Uganda – October 25, 2018 – Mastercard in partnership with M-KOPA Solar and Centenary Bank, celebrated the first ‘pay-as-you-go’ QR transaction this week, officially launching the initiative, which provides a simple and inexpensive way to power the … KAMPALA–Centenary Bank and Mastercard have announced a multi-pronged approach to digitising Uganda’s economy in support of the National Financial Inclusion Strategy. googletag.enableServices(); border: none !important; The introduction of the mobile-driven person-to-merchant (P2M) solution by Mastercard called, Masterpass QR, will help turn citizen’s mobile phones into a payment and acceptance tool. Mastercard Communications Contact: Geraldine Grealey geraldine.grealey@mastercard.com. padding: 0 !important; The introduction of the mobile-driven person-to-merchant (P2M) solution by Mastercard called, Masterpass QR, will help turn citizen’s mobile phones into a payment and acceptance tool. » Centenary Bank and Mastercard partnership will transform Uganda’s Economy. Following the recent signing of a strategic partnership agreement focused on boosting financial inclusion in the East African market, the two partners today further … Centenary Bank and Mastercard announced at the Annual Bankers’ Conference their multipronged approach to digitising Uganda’s economy in support of the National Financial Inclusion Strategy. 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