Started with profound vision to transform lives responsibly,Pride Bank has reaffirmed commitment to serve Ugandans after transforming into a tier two bank.
Pride Bank Managing Director, Veronica Namaganda says besides providing financial inclusion they will empower communities to build sustainable futures.
“The transition from microfinance to a fully-fledged bank is not just about expanding Pride services; it’s about deepening her impact. As we look into the future, we do so with faith in our purpose, confidence and ability serve. In a world that often prioritizes profit over people, Pride Bank remains committed to placing humanity at the centre of her operations.”she explained.
According to Namaganda, in the past 30 years, Pride has disbursed over five million loans worth shs3.6 trillion.
The Pride Bank Board Chairman, Fred Omach said achieving Tier II status signifies a transformative moment for Pride Bank.
“We are now poised to offer a more diverse and comprehensive suite of banking solutions, further empowering businesses, individuals, and communities across the length and breadth of Uganda.”he noted.
Pride Microfinance Ltd (MDI) is a Microfinance Deposit- taking institution regulated and supervised by Bank of Uganda (BoU) under the MDI Act, 2003 and MDI Regulations, 2004. From inception, Pride has grown to become the leading MDI in Uganda, providing innovative financial solutions to the economically vulnerable people. Pride serves its customers through 42 networked branches spread across the country and , 4 Enhanced Contact Offices and 1 Contact office