Category Archives: Consulting

 Opportunity Bank Shares Iftar with Kamwokya Residents in Ramadan Community Support Initiative

FOR IMMEDIATE RELEASE – March 29, 2025

Kampala, Uganda – Opportunity Bank Uganda is proud to announce its annual Ramadan Community Support Initiative, reinforcing its commitment to diversity, community engagement, and cultural inclusivity. As part of this initiative, the bank has provided iftar meals in Kamwokya, Iganga, Kawempe, and Masaka, offering a heartwarming gesture of solidarity with local communities during the holy month of Ramadan. Additionally, 100 special Eid hampers have been distributed to the bank’s most loyal Muslim customers across its nationwide branch network as part of a unique Eid gift package.

Bridging Communities with Compassion

In celebration of Ramadan, Opportunity Bank extended its support by providing nutritious iftar meals at key locations, including the local mosque in Kamwokya, as well as in Kawempe, Iganga, and Masaka. The initiative also included surprise curated hampers for the bank’s dedicated Muslim customers. This program highlights the bank’s ongoing commitment to enhancing community welfare and promoting cultural understanding.

“As a socially responsible bank, we go beyond traditional banking,” said Owen Amanya, CEO, Opportunity Bank. “In the spirit of Ramadan, we are dedicated to recognizing and supporting the cultural and spiritual needs of our brothers and sisters. This Iftar initiative is our way of giving back to our Muslim staff, customers and the communities around us.”

Making an Impact

The Ramadan Community Support Initiative seeks to achieve the following goals:

• Aid during the fasting month of Ramadan.
• Strengthen relationships with local communities.
• Demonstrate the bank’s commitment to diversity, inclusion, and cultural awareness.
• Show appreciation for the bank’s loyal Muslim customers.

About Opportunity Bank

Opportunity Bank Uganda Limited is a licensed financial institution regulated by the Bank of Uganda. The bank offers a range of financial services, including deposit accounts, loans, investments, and corporate banking solutions. Opportunity Bank is committed to making financial services accessible and affordable to individuals and businesses, driving economic growth and development throughout Uganda. Opportunity Bank has been a cornerstone of social banking for 30 years and is dedicated to maintaining high governance standards, robust risk management practices, and exceptional customer service. Opportunity Bank remains steadfast in its mission of social responsibility, continuously seeking ways to connect with and uplift the communities it serves.

Opportunity Bank Uganda Limited Joins the Global Alliance for Banking on Values (GABV)

Kampala, Wednesday 12 March, 2025 – Opportunity Bank is thrilled to announce its membership in the Global Alliance for Banking on Values (GABV), a network of banks and financial institutions dedicated to advancing sustainable and socially responsible banking practices.

As a member of the GABV, Opportunity Bank joins a growing global movement focused on promoting inclusive, ethical, and sustainable financial services that prioritize the long-term well-being of people and the planet. The GABV’s mission is to support and empower financial institutions that strive to make a positive impact on society, particularly through efforts to improve financial inclusion, social justice, and environmental sustainability.

Owen Amanya, CEO Opportunity Bank Uganda Limited, quotes

“We are thrilled to join the Global Alliance for Banking on Values and collaborate with like-minded organizations committed to driving positive social change. Our mission has always been to foster financial inclusion and create opportunities for underserved communities. Being part of the GABV will amplify our efforts, and we look forward to working together to create a more just and sustainable financial system.”

Martin Rohner, Executive Director GABV, also commented:

“We warmly welcome Opportunity Bank Uganda to the Global Alliance for Banking on Values. With over 30 years of championing financial inclusion for rural communities, women, youth, refugees, and persons with disabilities, their innovative, client-focused approach drives sustainable livelihoods. Together, we will break barriers and make a lasting impact.”

About Opportunity Bank Uganda Limited

Opportunity Bank Uganda Limited is a financial institution licensed and regulated by the Bank of Uganda that provides various financial services to individuals and businesses. It offers products such as deposit accounts, loans, investments, and corporate banking services. The bank aims to provide accessible and affordable financial services to its customers, promoting economic growth and development in Uganda. The Bank is committed to maintaining high governance standards, risk management, and customer service.

About the Global Alliance for Banking on Values (GABV)

The Global Alliance for Banking on Values is an independent network of banks and financial institutions from around the world. Founded in 2009, GABV’s members are united by their shared commitment to using finance to deliver positive social, environmental, and economic impact. The network’s members work together to promote the principles of responsible banking, encourage innovation, and advocate for policies that strengthen the role of values-based banking in global financial systems.

U.S. Government Agencies DFC and USAID Partner with Opportunity Bank to Launch the First-Ever U.S. Lending Program to Refugees and Host Communities in Africa

Kampala, Uganda — The U.S. International Development Finance Corporation (DFC), the U.S. government’s development finance agency, has signed an agreement with Opportunity Bank Uganda Ltd that will enable an increase in lending to refugee businesses and Ugandan host communities by up to $9 million (33 billion UGX) over the next six years. This first-of-its-kind partnership in Africa is intended to help create and grow 60,000 small enterprises across Uganda access financing.

Roughly 70 percent of these loans will be for refugees, and 30 percent will be allocated to members of Ugandan host communities.

The U.S. Agency for International Development (USAID) is supporting the partnership by providing advisory services to prospective borrowers and Opportunity Bank. Given that 18,000 loans are specifically targeted for women, USAID is providing financial training to women borrowers and helping Opportunity Bank to design and market the loans to women. USAID will provide business skills to borrowers and support refugee lending across Opportunity Bank branches.

At the launch event, U.S. Ambassador to Uganda William W. Popp said, “Today, we are taking a big step toward many more refugees and Ugandan host communities fully participating in the formal economy by accessing life-changing financing opportunities. The U.S. government’s partnership with Opportunity Bank is proof of what we can accomplish when the public and private sectors combine efforts to empower communities.”

The CEO of Opportunity Bank Uganda Ltd, Owen Amanya, said, “For close to 30 years now, Opportunity Bank has been transforming the lives of underserved people and communities in Uganda, affirming this unwavering commitment by delivering tailored financial services to refugee businesses and host communities. We appreciate this partnership with the U.S. International Development Finance Corporation, which is aligned with the Bank’s mission to reduce poverty levels and transform lives and communities. The partnership will unlock opportunities and see very many previously financially excluded refugees and Ugandans in the host communities given a chance to earn an income and live a life of dignity and purpose.”

The U.S. International Development Finance Corporation (DFC) partners with the private sector to finance solutions to the most critical challenges facing the developing world today. We invest across sectors including energy, healthcare, infrastructure, agriculture, and small business and financial services. DFC investments adhere to high standards and respect the environment, human rights, and worker rights.  

The United States Agency for International Development (USAID) is the U.S. government agency that leads international development and humanitarian assistance in collaboration with partner countries. The agency works together with individuals, communities, and countries globally to improve everyday lives. USAID’s efforts provide humanitarian assistance, reduce poverty, strengthen democratic governance, advance economic opportunities, and help achieve progress beyond programs.

Opportunity Bank Uganda Limited is a financial institution licensed and regulated by the Central Bank of Uganda. The bank offers tailor-made products and services for individuals, and micro, small, medium and large-sized enterprises across sectors like agriculture, education, trade, clean energy, water, and sanitation, among others. A special focus is accorded to underserved segments such as women, youth, refugees, and persons with disabilities.