Centenary Bank Tops To Win Agriculture Finance Award
Centenary Bank limited has been announced the top agriculture financer of the year, the announcement was made at the annual agriculture sector award the Bank of Uganda Executive Director for finance and handed over by the state Minister for agriculture and Patron of the awards, Hon, Kyakulaga Bwiino. Was the first award to recognize agriculture financing institutions in Uganda.
“ I am honored to hand over this maiden grand award of agriculture financer of the year award to Centenary bank and implore you to continue to support the agriculture sector through enabling agriculture finance access by our farmers and agriprenuers” said Hon Bwiino.
He further said the Ministry of agriculture appreciates partners like the bank who have continued to bankroll the sector by enabling rural access to finance.
According to Grace Musimami the CEO of Annual Agriculture Awards, the awards aim at setting a culture of appreciating good service and ensuring good motivation for all players. “We have given the farmer the due appreciation they deserve but the farmer does not do it alone. We have scientists, teachers, extension workers, policy makers, financers, and other players, without whom the farmer can never flourish. With this in mind, we started this award to recognize all players involved. “Adds Musimami.
Receiving the award on behalf of the bank Emmy Paul Opolot the Banks Head of market linkage projects, thanked the agriculture sector for recognizing the bank saying the bank was committed to ensuring agriculture products are scaled out to reach the farmer.
“ we appreciate this award, we believe it is well deserved since at our bank we believe agriculture comes first before everything, our agriculture portfolio continues to grow bigger and this will go a long way to inspire and motivate the bank further” said Opolot.
During the Award ceremony, the Chief Guest, State Minister for Animal Industry Hon Bright Rwamirama, urged all sector Players to work with zeal to ensure their works are recognized. Saying the culture to appreciate good deeds is one that will help ensure good service delivery and also kill the spirit of corruption.
“For long we have been appreciating farmers alone, I am glad now every sector player is on the watch on what he or she is doing. We need to appreciate each other. Most vices have come up because our people do not have the spirit of confidence in themselves. At this same platform we should also plan to display those failing the sector. “urged the minister.
Centenary bank beat five other institutions which included Post bank, Stanbic bank, Pride Microfinance, Equity bank, and Opportunity bank all nominated for the agrifinance year award
The Annual Agriculture awards were organized by the Ministry of Agriculture, Animal Industry and Fisheries, in partnership with United Nations Capital Development Fund (UNCDF), the Food and Agriculture Organization (FAO) , Alliance for Green Revolution in Africa (AGRA), Bank Of Uganda, Sasakawa Africa Association and Agri-Insurance Consortium .