KAMPALA, UGANDA — KCB Bank has reaffirmed its commitment to bolstering Uganda’s economic pillars, outlining strategic support for key sectors at the recent FY2025/2026 Budget Dialogue. The forum, hosted by CSBAGUGANDA at the Sheraton Hotel, convened industry leaders to discuss national fiscal priorities.
Dennis Damba, KCB Bank’s Head of Treasury, addressed attendees, highlighting the bank’s extensive regional presence across Uganda, Kenya, Tanzania, Rwanda, Burundi, and the Democratic Republic of Congo. He noted this positioning allows the bank to deliver tailored financial solutions across East Africa.
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“At KCB Bank, we pride ourselves on being a regional leader, not just in Uganda, but across East Africa,” Damba stated. He emphasized, “Our product offering is designed to support key sectors outlined in the national budget, particularly under the ATMS framework: Agriculture, Tourism, Minerals, and Science & Technology.”
Damba detailed how the bank’s product offerings align directly with Uganda’s budget priorities within the ATMS framework:
For agriculture, Damba noted the bank plays a “critical role in supporting the entire value chain, from smallholder farmers to value addition, marketing, and storage.” He said, “Through input financing, working capital, and asset loans, KCB is helping farmers turn subsistence into sustainability.”
Regarding tourism, Damba highlighted the bank’s support for lodges and eco-tourism enterprises. “We recognise the power of tourism to diversify our economy. That’s why we provide flexible financing that helps hotels and hospitality businesses thrive,” he said.
The mineral sector is also “firm on KCB’s radar,” according to Damba. He stated the bank is “equipping mining companies with trade and long-term financing to support value addition and mineral enrichment, critical to expanding Uganda’s export potential.”
In science and technology, Damba explained KCB is “forging partnerships with fintechs and tech startups to power innovation.” He added, “whether through short-term working capital or tech-specific solutions, the bank is enabling digital enterprises to scale with confidence.”
Beyond specific sectors, Damba stressed that KCB’s mission centers on people and progress. “Our goal is to deliver meaningful impact, whether through value for communities and building a more inclusive and resilient economy, technical skills development, institutional partnerships, or tailored financial tools,” he explained.
