KAMPALA – Centenary Bank has removed charges on several transactions for its customers in view of the imminent threat caused by coronavirus.
In a statement issued on Tuesday, March 24, 2020, the Catholic Church-owned commercial bank also announced that it has revised CenteMobile loan limits as from UGX2 milion to UGX 5 million.
“In view of the current situation in the country and the globe on the Coronavirus (COVID-19) pandemic, we have reduced our charges on selected services: Zero charges on your account to mobile wallet of up to UGX 30,000 per day. Zero charges on your Agent Banking withdraw transactions up to UGX 50,000 • per day Zero charges on your ATM CenteVisa withdraw transactions up to UGX 50,000 per day,” the bank said in a statement.
“The new charges shall apply for the next 30 days effective Monday 23rd Marcia 2020. We have also revised our CenteMobile loan limits as below; • Amount from UGX 2,000,000 to UGX 5,000,000 Loan period from I month to 3 months Our thoughts and support are with you and all those affected,” the statement added.
The economy has suffered a hit following the outbreak of coronavirus. On Tuesday morning, the Ministry of Health confirmed eight new cases of COVID-19 in the country. All infected are Ugandans who traveled from Dubai. This brings to nine the number of cases Uganda has confirmed, a day after President Yoweri Museveni announced closure of the borders to human traffic.