by Eric Norman Mkwaira
The Catholic Archdiocese of Lilongwe with the Centenary Group from Uganda has on Wednesday 22 March 2023 officially launched the rebrand of MyBucks Corporation to Centenary Bank Limited at the bank’s headquarters in Lilongwe.The launch comes after the Registrar of Financial Institutions in the country granted the final approval for the procurement of MyBucks Banking Corporations Limited to the Centenary Rural Development Group Limited of Uganda and the Catholic Archdiocese of Lilongwe on March 10th 2023.
The launch was graced by, among others His Grace Anthony Joseph Zziwa of Episcopal Conference of Uganda, and Archbishop of Lilongwe His Grace George Desmond Tambala and other bishops from Malawi and Uganda.
Reserve Bank of Malawi Deputy Governor William Matambo led the official opening and has commended the rebranding of the bank by saying that this is giving a good view to the mother bank to not doubt of the business strategies the newly rebranded bank will be doing with the citizenry.
In his remarks, the Archbishop of Lilongwe, His Grace George Desmond Tambala said that the bank will be operating up to the rural areas to serve the needs of all people.
His Grace has said the move will help more people to develop through using the bank’s services.
His Grace Anthony Joseph Zziwa says the Centenary Group will help the citizenry in having more experience in micro-finance by focusing much in the rural areas.
Among other services available, which attracted most people at the event are the those which can be accessed from the rural areas by using USSD codes to pay for various services including school fees and church contributions with no charges.