Centenary Bank

Centenary Bank, Uganda’s largest commercial microfinance bank, will on Saturday temporarily close eight of its branches around the country to enable its staff to participate in unnamed activity organised by the bank, Eagle Online can say.

The branches to be closed are; Kotido, Moroto, Kamuli, Koboko, Kanungu, Kisoro, Hoima and Masindi.

The management of the banks says during this period, clients may access services at branches in surrounding towns and via alternative channels including CenteMobile, CenteAgents, Internet Banking, all ATMs countrywide and various Point of Sale terminals.

This comes after the bank early this November launched a customer centric reward promo dubbed “Cente Christmas” aimed at encouraging its customers to embrace the use of alternative banking channels that are digitally-driven.

Centenary Bank currently has the biggest Agent banking network with close to 4,000 Agents countrywide.

“Last year, the bank rolled out our Visa Debit card to enable its clients to assume cashless transactions. The bank is the largest issuer of Visa cards in the country with over 870,000 card, according to managers.

It customers can now pay taxes using the CenteMobile and also use the MasterPass QR Code to pay for goods and services at various merchants.

These channels are meant to help minimize the need for customers to travel long distances to access services, since a good number of them live in the rural areas. Other benefits that customers can enjoy are saving on their valuable time and transport costs as well as the convenience of transacting anytime, anywhere.