NCBA Bank Uganda Limited has stepped up its focus on small and medium-sized enterprises [SMEs] in the country with the launch of a new value proposition alongside its “Ku NCBA Kiggwa Ku Bwerere” campaign-a a bold initiative designed to accelerate the growth of Ugandan enterprises through accessible financing, innovative digital banking solutions, and strategic business support.
Dubbed NCBA Business Banking Customer Value Proposition, the product/service is designed to make the business journey for SMEs more seamless, affordable and efficient by providing tailored financial solutions and value-added business support.
The move underscores the bank’s commitment to positioning itself as a key partner for Ugandan businesses through faster access to credit, simplified banking services and practical solutions to help enterprises grow.
Speaking at the launch held on Thursday at Four Points by Sheraton Kampala, the bank’s Chief Executive Officer Mark Muyobo said the initiative aligns with the bank’s purpose of empowering entrepreneurs and supporting sustainable business growth.
“Small and medium-sized enterprises account for more than 70 per cent of Uganda’s private sector activity, yet many continue to face challenges such as limited access to finance, cash flow constraints and the need for digital transformation,” Muyobo said.
“Through this new Business Banking proposition, we are providing the financial solutions, expertise and strategic partnerships that businesses need to grow with confidence,” he added.
Under the new proposition, businesses will have access to a range of tailored financing solutions, including unsecured invoice discounting of up to Shs 500 million, unsecured Local Purchase Order [LPO] financing of up to Shs 180mln, unsecured business loans of up to Shs 200mln and education financing of up to Shs 500mln. The bank will also offer asset financing of up to 90 per cent of the invoice value.
Customers will enjoy zero transaction and loan arrangement fees for the first six months, alongside a commitment by the bank to deliver credit decisions within 48 hours.
To further strengthen SME growth, NCBA has partnered with MAT Abacus to roll out a free Enterprise Development Programme for its business customers. The programme will provide training, mentorship and advisory services covering financial management, corporate governance, tax compliance, business planning and sustainable business growth.
The bank also highlighted its digital banking platforms, NCBA Now and NCBA ConnectPlus, as essential tools for modern business operations. The platforms enable customers to manage accounts, make payments, approve transactions and monitor cash flows in real time.
Abel Mwesigye, Chief Executive Officer of Kampala City Traders’ Association [KACITA], welcomed the initiative, saying strong collaboration between financial institutions and the private sector is essential for sustainable economic growth.
“The growth of Uganda’s private sector depends on financial institutions that understand the realities of doing business. This initiative brings together the financing, innovation and business support that SMEs need to scale sustainably,” he said.
As part of the wider NCBA Group, the bank said it will continue leveraging its regional footprint to support businesses engaged in cross-border trade and regional expansion.
NCBA Bank Uganda Limited operates as a Tier I financial institution. According to the Bank of Uganda, Tier I financial institutions are fully licensed commercial banks authorised to accept deposits and provide a full range of banking and lending services in Uganda.
