Company Information

Get to know Centenary Bank Limited

Founded in 1983 as a credit trust initiative by the Uganda National Lay Apostolate, Centenary Rural Development Bank Ltd became a fully-fledged commercial bank in 1993. It is a leading commercial microfinance bank in Uganda, with a mission to provide appropriate financial services, especially microfinance, to all people in Uganda, particularly in rural areas. The bank is owned by the Catholic Church dioceses of Uganda, the Uganda Catholic Secretariat, and several international investors. It has grown to become one of the country's largest banks by customer base, focusing on financial inclusion for underserved populations through a wide network of branches and digital channels.

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Financial BankingPRIMARY
Financial Other Service

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Centenary Bank Limited

Malawi

Founded in

2015 (11 Years)

Founded

Last online: No recent activity

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Regulated

Recommended

(73 reviews)

Cyprus

2009

(17 years)

Security Information :

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DFSA

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This company is currently Unproved.

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.