Centenary Bank

Overview

Bank Guarantees

Bank guarantees are written irrevocable undertakings issued by the Bank to pay the beneficiary .

Shipment Finance

The Bank offers shipping finance to facilitate customers engaged in export and import trade.

Local Purchase Order (LPO) Finance

Short-term credit facility offered to the supplier for the purpose of mobilizing resources and

Commodity Finance

This is a financing technique where by the commodity/good are placed at the custody and control

Documentary Collections

Under Documentary Collections, the Bank facilitates trading of goods between parties and

Structured Trade Finance

This is term used to describe various financing techniques or even restructuring techniques. i.e.

Letters of Credit

A Letter of Credit (LC) is an undertaking issued by the Bank (issuing Bank) for the account of the buyer (the applicant) to pay the beneficiary (seller)

Invoice Discounting

Short-term facility where the Bank offers to pay a discounted amount against the invoice face value before the maturity date. The facility is offered to the

Currency	Buying	Selling
USD	3570	3779
GBP	4568	4860
EUR	3820	4107
KES	26.36	30.06
TZS	1.11	1.65
ZAR	180.90	219.40
CNY	392.53	637.86
RWF	1.90	4.13

Savings Accounts

Investment Accounts

Platinum banking

Current Accounts

Foreign Currency Accounts

Housing Loans

Energy Loans

Development Loans

Agriculture Loans

SME Corporate Accounts

SME Group Accounts

Corporate Loans

Trade Finance