By Guest Writer
Centenary Bank has expanded access to banking services through alternative channels in Bukwo district with the launch of a new deposit-enabled ATM aimed at bringing financial services closer to residents in and around the community.
For many years, residents of Bukwo and neighboring Kween district have had to travel up to 68 kilometers to Kapchorwa branch to access banking services. The challenge has been particularly significant for the growing number of residents and travelers in and around the area, from farmers, traders, teachers, and other salaried workers.
The new ATM located near Talanta Bukwo Electronics, one of the bank’s major agents in Bukwo Town Council, will boast the availability of alternative financial services. Customers and non-customers of the bank will be able to make withdrawals, deposits, and other transactions without travelling to Kapchorwa.
The new facility is expected to directly serve more than 5,000 people across Bukwo and Kween districts while also supporting about 20 Centenary Bank agents who will now be able to rebalance their float from the ATM, thereby improving liquidity and service delivery within the agency banking system.
Speaking at the launch, Ms. Sarah Achan, Centenary Bank Regional Manager Eastern Region, noted that the investment reflects the bank’s continued commitment to extending financial services closer to underserved communities and supporting economic growth in remote areas.
“Access to banking should not be determined by distance. We understand the challenges our customers in Bukwo have been facing for years in travelling long distances for basic banking services. This ATM brings convenience closer to our community and strengthens our commitment to financial inclusion,” she said.
The ATM was officially commissioned by the Bukwo District Chairperson, Mr. Chesol Tom Kwomu and Fr. Emmanuel Omunyokol from St.James Catholic Parish, Kapchorwa.
Centenary Bank remains committed to empowering communities through accessible, convenient, and innovative financial solutions that support remote and underserved communities across Uganda.
Centenary Bank is the leading commercial microfinance Bank in Uganda, serving over 3.4 million customers through to 8,000 Cente Agents, 81 branches and 210 ATMs across the country. The bank also has various digital channels including CenteMobile, CenteAgent, CenteOnline and CenteVisa debit and prepaid cards. Its mission is “To provide appropriate financial services, especially microfinance to all people, in a sustainable manner and in accordance with the law.”
