Centenary Bank Limited has partnered with the Financial Market Dealers Association (FIMDA) to strengthen the country's f...
Centenary Bank Limited, based in Malawi, became part of the Centenary Group of Uganda in 2023 through an acquisition led by a consortium comprising the Catholic Archdiocese of Lilongwe and the Centenary Rural Development Group.
The Catholic Archdiocese of Lilongwe, known for its religious institutions, also holds ownership of various educational institutions, hospitals, companies, and commercial properties in Lilongwe and surrounding districts, with assets exceeding MK30 billion (29,239,766.08 US Dollars)
Throughout its existence, Centenary Bank Limited has achieved noteworthy milestones, including being the pioneer in establishing a bank within the Dzaleka refugee camp. Moreover, the bank has successfully carved a niche in the SME sector and emerged as the leading lender to government employees. Forming strategic partnerships with esteemed organizations such as UNHCR and WFP further strengthens Centenary Bank's stature.
However, our most significant achievement lies in the transformative impact we have had on the lives of the individuals we serve. We are proud to provide a comprehensive range of banking, credit, microfinance, and bancassurance services through our 14 branches, 3 Microfinance outlets, 3 Bureau De Change outlets, 28 ATMS and over 250 agency banking points.
About Centenary Bank
Centenary Rural Development Group Limited of Uganda and the Catholic Archdiocese of Lilongwe acquired 51% and 49% shareholding in Centenary Bank Limited in Malawi, respectively. The Registrar of Financial Institutions granted approval on December 23, 2022, and the completion of the transaction is pending approval from COMESA Competition Commission. With these new shareholders, Centenary Bank Limited in Malawi aims to advance its financial inclusion agenda and reach unbanked populations throughout Malawi, aligning with the Malawi Government Agenda 2063. Currently, the bank operates 14 branches, 3 micro-finance outlets, and over 150 agency banking outlets in Malawi, as well as three Foreign Exchange Bureaus located in Lilongwe and Limbe. The bank is regulated by the Reserve Bank of Malawi.
Centenary Bank Limited was granted a license on 6th March 2023.
Our Corporate Social Responsibility
Centenary Bank Limited has donated K2,500,000 towards the Presidential Charity Golf tournament scheduled for October 7, ...
Centenary Bank Limited on Saturday supported the Catholic Women’s Organization in Zomba with financial support of K1,000...