Pride Bank Clinches Dual Recognition in BoU Awards for Agric and Small Business Credit Solutions

By Kenneth Kazibwe | Thursday, June 12, 2025
Pride Bank Clinches Dual Recognition in BoU Awards for Agric and Small Business Credit Solutions

Pride Bank Limited has announced a  dual recognition as first runners up in both the agricultural credit facility award and the small business fund award, under the general category of best performing financial institution in the Credit Institutions and Microfinance Deposit Taking Institutions as at March 31, 2025.

This recognition comes as part of the Bank of Uganda’s annual awards ceremony, which rigorously evaluates financial institutions across multiple subcategories, rewarding innovation, customer focus and measurable impact.

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Pride Bank Limited’s performance in two critical credit categories highlights its commitment to serving Uganda’s economic core.

“The distinction of Pride Bank as first runner-up in both the Agricultural Credit Facility (ACF) and Small Business Recovery Fund (SBRF) categories, under the Credit Institutions and Microfinance segment at the 2025 Bank of Uganda awards, underscores the bank’s leadership in delivering innovative, targeted credit solutions that drive agricultural transformation and small business resilience across Uganda. Pride is proud to be a financial partner in national development," said Consolate Namyalo Kateregga, Head of Credit Unit.

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The Agricultural Credit Facility Award honours institutions that have demonstrated excellence in providing tailored credit solutions to support Uganda’s agricultural sector.

Pride Bank Limited’s innovative lending practices have empowered farmers to adopt modern agricultural techniques and secure improved yields, thereby strengthening rural livelihoods.

Equally, the Small Business Fund Award recognizes organizations that provide robust recovery and growth facilities for small businesses.

By offering flexible financing and personalized advisory services, Pride Bank Limited has played a pivotal role in helping small enterprises overcome challenges and thrive in an ever-evolving market environment.

The overall category of the Best Performing Financial Institution in the Credit Institutions and Microfinance Deposit Taking Institutions category further underscores the bank's sustained excellence and its strategic emphasis on inclusive growth across both agricultural and small business sectors.

As part of the awards, Pride Bank Limited was recognised for its timely and full loan repayments under SBRF, outstanding performance in loan submissions, value disbursed and outreach to underserved regions and for the banks meaningful partnerships in supporting Uganda’s agriculture and SME recovery.

According to Pride Bank, it  continues to drive sustainable growth by investing in cutting-edge digital solutions and agile credit products that meet the evolving needs of its diverse clientele, from rural farmers to urban entrepreneurs.

The bank’s performance not only reinforces its leadership in financial services but also solidifies its position as a catalyst for economic prosperity, delivering inclusive solutions that benefit communities across Uganda.

 

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