Fabian Kasi Bids Farewell to 2025 with Strong Legacy of Inclusion, Growth and Sustainability at Centenary Bank
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As I step into a new phase of leadership reflection following the remarkable 2025 performance year, I do so with deep pride in what Centenary Bank Uganda has achieved and renewed confidence in its future direction.
The year 2025 marked a defining chapter for our institution, as we delivered a purpose-driven performance anchored in financial inclusion, strengthened governance, and environmental stewardship, while maintaining the financial strength required for long-term sustainability.
At Centenary Bank, our existence is rooted in transformation—serving Uganda’s most underserved communities, not as an obligation, but as the core engine of our business model.
Over the past year, we deepened this commitment significantly. With assets surpassing UGX 8.6 trillion and a customer base exceeding 3.4 million active clients, we expanded our reach through 81 branches, 214 ATMs, and more than 9,000 agent banking points.
This extensive network ensured that Ugandans were served where they live and work, reinforcing our mission of inclusive banking.
Our performance was equally defined by sustainability and impact. We directly invested UGX 281.7 billion in green and social finance, benefiting over 180,000 Ugandans. Our MSME and agriculture portfolio grew to UGX 1.76 trillion, while over 118,000 loans were disbursed to women-led enterprises, strengthening economic participation across communities.
In environmental stewardship, we recorded a 6.3% reduction in operational emissions, cutting total emissions to 6,734.53 tCO₂e. This was achieved through enhanced energy efficiency and the solarisation of ten branches, including Adjumani, Moroto, and Kotido, among others. We also planted over 69,000 trees as part of our broader climate action agenda.
Our social investment footprint remained strong, with UGX 4.9 billion directed toward 1,153 community initiatives, including health outreach, financial literacy, and partnerships such as Rotary International’s Cancer Run. Over 13 years, our contributions to Rotary initiatives have exceeded UGX 6.2 billion.
Financially, the bank delivered a robust performance with profit after tax growing by 23.9% to UGX 424.2 billion. Customer deposits rose to UGX 5.2 trillion, while our loan book expanded to UGX 4.1 trillion, supported by disciplined credit management that kept NPLs at 2.94%.
Looking ahead to 2026, our focus will remain on executing our strategic priorities, including the successful implementation of a new core banking system, enhancing operational efficiency, and aligning with Uganda’s Ten-Fold Growth Agenda.
I extend my sincere appreciation to our customers, staff, shareholders, regulators, and partners. Our guiding conviction remains unchanged: a bank that serves the underserved with excellence is, ultimately, the most resilient institution of all.