Article

Bishop Mukasa commissions Centenary bank, Kapeeka branch

Tuesday, November 21, 2023

Bishop Mukasa commissions Centenary bank, Kapeeka branch

By Bernard Bakalu

Nakaseke

The Bishop of Kasana-Luweero Diocese Rt. Rev. Lawrence Mukasa has commissioned Centenary bank, Kapeeka branch with a call to the area locals to embrace it.

This development was triggered by the poor saving culture due to lack of reliable financial institutions such as banks in the area.

It saw the planning for the investment in a branch of Centenary bank to address the challenge.

Last year (2022), Matilda Namuwonge, a resident of Kapeeka Town Council and a teacher at St. Jerome Cove Day and Boarding Primary School still in Kapeeka town said that the long distances they have to travel, had failed her and many of her colleagues from embracing the saving culture by opening up accounts in banks.

For instance, in Nakaseke’s neighboring district of Luweero, is where banks such as Centenary, Stanbic, Equity and DFCU, have established branches, which are considered as nearest to the populace in Nakaseke.

For a prospective bank customer in Nakaseke, like in Kapeeka Town Council, to access any bank, they have to cover a distance of about 37 kilometers.

This such a challenge, saw Christians of St. Consolanta Kapeeka Catholic Parish petition the leadership of the Catholic Diocese of Kasana-Luweero for intervention.

In response, the Diocesan administration partnered with centenary bank.

This was followed by the construction of a building to house the branch in Kapeeka town.

Late October 2022, Rt. Rev. Paul Ssemogerere, the then Bishop of Kasana-Luweero diocese and was also serving as the Apostolic Administrator of Kampala Archdiocese officiated at the groundbreaking ceremony.

The Prelate said that he hoped the branch would be commissioned a year later.

Now, presiding over the commissioning ceremony on Tuesday, November 21, 2023, the Bishop of Kasana-Luweero Diocese Rt. Rev. Lawrence Mukasa urged locals in Kapeeka, Nakaseke District to embrace this bank and use it for development.

Bishop Lawrence Mukasa joined by centenary bank officials and Priests to cut a cake during the ceremony in Kapeeka