Centenary Bank, a leading Ugandan financial institution, is undergoing a significant digital transformation with the adoption of Oracle FS’s Flexcube core banking system. This innovative platform promises to change the way you bank, offering a wider range of services, enhanced convenience, and improved security.

Goodbye Old, Hello New: A Powerful Core Banking System

Centenary Bank is replacing its previous core banking system, Profits from Netcompany-Intrasoft, with Flexcube. This new system boasts a comprehensive suite of features, including:

Core Banking Operations: Manage your accounts, deposits, withdrawals, and other core banking functions seamlessly.
Payments: Make and receive payments efficiently, with options for local and international transfers.
Digital Front-End: Enjoy a user-friendly digital experience for both retail and corporate banking needs.
Branch Operations: Experience streamlined processes at the branch, with faster service and shorter wait times.
Loan and Lease Origination: Apply for loans and leases conveniently, with a simplified application process.
Fraud Detection and Compliance: Bank with peace of mind knowing Centenary Bank is committed to robust security measures.

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The Selection Process: Choosing the Best for You

Centenary Bank implemented a rigorous selection process before choosing Flexcube. They evaluated other leading solutions, like Infosys Finacle and Temenos, to ensure they selected the most advanced and reliable system for their customers.

Integration Makes it Perfect: Partnering for Success

To ensure a smooth transition and maximise the potential of Flexcube, Centenary Bank has partnered with experienced integration specialists. Profinch from India and Four Corners Transform Ltd. from Uganda will play a crucial role in integrating the new system with existing infrastructure.

Flexcube: A Trusted Choice for Ugandan Banks

Flexcube isn’t new to Uganda. Several other prominent banks, including the Bank of Uganda, East African Development Bank, Ecobank Transnational Incorporated, and Diamond Trust Bank, already leverage its power.

This proven track record in the Ugandan market gives customers even greater confidence in Centenary Bank’s digital transformation.

Open an Account in Minutes: The Convenience of the CenteMobile App

Centenary Bank understands your time is valuable. That’s why they’ve made opening an account easier than ever with their CenteMobile App. Here’s how to get started:

Download the app: Find the CenteMobile app on the Play Store or App Store.
CenteOnTheGo Account: Choose the CenteOnTheGo account opening option.
Select your account: Pick the account that best suits your needs, such as CenteDiaspora, CentePlus, or CenteSavings. Choose your preferred branch as well.
Complete your information: Capture the required details digitally, including a photo of your national ID, a selfie, and a clear picture of your signature.
Provide additional details: Fill out the online form with any further information needed for your chosen account type.
Submit and Verify: Click submit and wait for an SMS or email with a one-time password (OTP). Enter the OTP to confirm and finalise your application. Your account will be activated within 48 hours, with details sent via SMS or email.

Centenary Bank: A One-Stop Shop for All Your Banking Needs

Centenary Bank offers a comprehensive range of financial products and services to cater to your individual and business needs. Here’s a look into what they offer:

Trade Finance: Facilitate your import and export activities.
Cente Cards: Apply for debit, credit, and prepaid cards for convenient transactions.
Loans: Get access to various loan options for personal and business purposes.
Bancassurance: Combine banking and insurance solutions for ultimate protection.
Deposit Products: Grow your savings with a variety of deposit accounts.

Explore Their Digital Banking Solutions:

Card Suite: Manage your Cente Cards conveniently.
Cente Agent: Carry out banking transactions at any authorised Cente Agent location.
Internet Banking: Bank from anywhere, anytime, with secure online access.
Mobile Banking: Enjoy the flexibility and ease of banking on your mobile phone with the CenteMobile App.

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Tailored Insurance Solutions:

Centenary Bank understands the importance of safeguarding yourself and your loved ones. They offer a wide range of insurance products through reputable partners, including:

Life Insurance: Protect your family’s financial future in case of unforeseen circumstances.
Non-Life Insurance: Secure your assets and investments against various risks.

Benefits of Choosing Centenary Bank as Your Insurance Agent: