Centenary Bank Hosts Global Ethical Finance Summit

Uganda's Centenary Bank has broken new ground by hosting the Global Alliance for Banking on Values annual gathering. Bringing together over 70 financial institutions from around the world, the conference zeroes in on ethical banking and sustainable financial strategies. Banking leaders converged to explore how finance can become a powerful tool for positive change across global communities.

The four-day event spotlighted Africa's unique perspective on transformative banking practices. Experts discussed innovative approaches to addressing economic, environmental, and social challenges through value-driven financial models. Participants from 45 countries shared insights about creating more responsible and community-centered banking systems.

Centenary Bank's managing director, Fabian Kasi, highlighted the institution's commitment to financial empowerment. With over 3.26 million customers and 80 branches, the bank reaches deep into rural Uganda's economic landscape. Its approach blends financial services with ethical practices, supporting micro and small enterprises through strategic lending and digital banking solutions.

Keynote speaker Dr. Mamphela Ramphele challenged financial institutions to reimagine their role beyond profit generation. She emphasized Africa's potential to teach global banking sectors about community-driven economic models. Uganda's government representatives reinforced national goals of sustainable economic transformation, seeing values-based banking as a critical pathway to inclusive growth.

The conference attracted sponsors from across the financial spectrum, including major players like VISA, Hitachi, and the Uganda Institute of Bankers. Discussions centered on developing innovative financial solutions that prioritize social impact and long-term sustainability. Participants explored strategies for embedding ethical principles into mainstream banking practices.
 

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