News Formal

Centenary Rural and Development Bank Named Affirmative Finance Action for Women in Africa Initiative's 'Afawa Bank of the Year' At African Banker Awards

  • 📰 allafrica
  • ⏱ Reading Time:
  • 32 sec. here
  • 14 min. at publisher
  • 📊 Quality Score:
  • News: 58%
  • Publisher: 99%

Africa News

News,Politics,Economy

Announcement - A Kampala-based commercial bank with a 'mission critical focus' to provide financial services to vulnerable women entrepreneurs has been named the 'AFAWA Bank of the Year' at the African Banker Awards.

Centenary Rural and Development Bank Named Affirmative Finance Action for Women in Africa Initiative's 'Afawa Bank of the Year' At African Banker Awards

"If given an opportunity for financial inclusion and financial services accessibility, this woman can do miracles," JJingo added. When announcing the AFAWA Bank of the Year award, Dr. Dunford also said aside from Centenary Rural and Development Bank's"Cente SupaWoman" financial services tailored to the needs of women entrepreneurs, the Bank had also experienced a 23 percent growth in women-owned and led businesses in its portfolios from 2020 to 2023. Centenary Rural and Development Bank joined the AFAWA Guarantee for Growth program as a partner financial institution at the program's onset.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 1. in BUSİNESS
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Central African Republic: U.S. Sanctions Two Central African Republic Companies Linked to Russian Wagner GroupThe U.S. imposed sanctions Thursday on two companies in the Central African Republic that support Russia's Wagner Group, the Treasury Department said.
Source: allafrica - 🏆 1. / 99 Read more »

BNP Paribas closes South African corporate and investment bankIn latest example of a European bank scaling back on the continent.
Source: Moneyweb - 🏆 5. / 77 Read more »