1. Are the shares of Centenary Bank being offered to the general public?
No. The shares of Centenary Bank are not being offered to the general public. This is an internal arrangement where the constituents of the Archdiocese – its Parishes, religious, and lay faithful – are being invited to contribute towards the Archdiocese’s shareholding in the Bank, on the understanding that they would also be beneficiaries of future dividends that accrue to the Archdiocese from the Bank. This is a model that has been implemented by its partner shareholder Centenary Rural Development Group of Uganda, and is being replicated in Malawi following its success in Uganda.