KCB Monetary institution’s Dennis Damba outlines the bank’s strategic focal level areas at FY2025/26 Funds to Industry Post High Stage Funds Dialogue
Kampala, Uganda | THE INDEPENDENT | KCB Monetary institution has reaffirmed its dedication to driving regional economic pattern and sector innovation for the length of the FY2025/2026 Funds Dialogue, hosted by CSBAG Uganda on June 23 on the Sheraton Hotel in Kampala.
The occasion, which brought together key industry experts, featured a excessive-level discussion on Uganda’s fiscal priorities and the evolving position of industrial institutions in supporting nationwide development.
Representing KCB Monetary institution, Dennis Damba, Head of Treasury, addressed delegates on the bank’s strategic focal level areas for the upcoming monetary yr. He highlighted how KCB Monetary institution’s regional presence, spanning Uganda, Kenya, Tanzania, Rwanda, Burundi, and the Democratic Republic of Congo, positions it as a powerhouse in turning in tailor-made monetary solutions at some level of East Africa.
“At KCB Monetary institution, we pride ourselves on being a regional leader, now not ethical in Uganda, nevertheless at some level of East Africa. Our product offering is designed to enhance key sectors outlined in the nationwide budget, severely below the ATMS framework: agriculture, tourism, minerals, and science & technology,” Damba acknowledged.
He emphasized how the bank’s product choices are in an instant aligned with Uganda’s budget priorities, severely these below the ATMS framework: Agriculture, Tourism, Minerals, and Science & Abilities.
In agriculture, the bank performs a extreme position in supporting your complete price chain, from smallholder farmers to price addition, marketing, and storage. Through enter financing, working capital, and asset loans, KCB helps farmers flip subsistence into sustainability.
Turning to tourism, Damba highlighted the bank’s enhance for hotels and ecotourism enterprises. “We ogle the energy of tourism to diversify our economy. That’s why we present versatile financing that helps inns and hospitality businesses thrive,” he eminent.
The mineral sector, too, is firmly on KCB’s radar. The bank is equipping mining corporations with alternate and prolonged-term financing to enhance price addition and mineral enrichment, extreme to expanding Uganda’s export capacity.
Within the short-evolving world of science and technology, the bank is forging partnerships with fintechs and tech startups to energy innovation. Whether or now not thru short-term working capital or tech-narrate solutions, the bank is enabling digital enterprises to scale with self perception.
Beyond the merchandise and numbers, Damba made it determined that KCB’s mission is set folks and growth. “Our goal is to lift valuable impact, whether thru price for communities and building a more inclusive and resilient economy, technical skills pattern, institutional partnerships, or tailor-made monetary tools.”
“We’re now not ethical funding businesses; we’re investing in the ability ahead for Uganda,” he concluded. This reflects KCB’s stamp promise, For Of us. For Better: a dedication to growing lasting price for communities and building a more inclusive and resilient economy.
