KCB Bank highlights role in Uganda’s key economic sectors

KAMPALA, UGANDA — KCB Bank detailed its strategic support for key economic sectors during the FY2025/2026 Budget Dialogue. The forum, hosted by CSBAGUGANDA at the Sheraton Hotel, gathered industry representatives to discuss Uganda’s national financial priorities.

Dennis Damba, KCB Bank’s Head of Treasury, addressed attendees, outlining the bank’s focus for the upcoming financial year. He noted KCB Bank’s regional presence, which includes Uganda, Kenya, Tanzania, Rwanda, Burundi, and the Democratic Republic of Congo, as a factor in its provision of financial solutions across East Africa.

“At KCB Bank, we pride ourselves on being a regional leader, not just in Uganda, but across East Africa,” Damba stated. He added, “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 elaborated on the alignment of the bank’s offerings with Uganda’s budget priorities within the ATMS framework:

For agriculture, Damba stated 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 “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.”

Damba also addressed KCB’s broader mission. “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.