Finance Minister Henry Musasizi on Thursday morning held discussions with the leadership of Pride Bank Limited, led by Managing Director Veronicah Gladys Namagembe, as the institution prepares for its annual general meeting next month.
The Pride Bank delegation briefed the Minister on the bank’s performance, strategic priorities, and ongoing contribution to the development agenda of the Government of Uganda, particularly in advancing financial inclusion and supporting economic transformation.
Pride Bank, a government-owned Tier II credit institution, reported continued expansion of its footprint, currently operating 44 branches and three contact offices across the country.
The bank highlighted its role in delivering inclusive prosperity through targeted financing initiatives, including the Parish Development Model, the GROW Project, the Agricultural Credit Facility, and large-scale agriculture financing.
“We are committed to building a resilient, customer-centric and digitally enabled bank that drives sustainable growth and creates lasting impact,” said Namagembe.
Finance Minister Musasizi commended the institution for its steady progress and ambitious plans to evolve into a premier financial institution.
He emphasized the importance of ensuring affordable access to credit, noting that the ultimate goal of financial sector development is to improve livelihoods and transform communities across the country.
