Finance Trust Bank (FTB), one of the oldest MFIs in Uganda, started its operations in 1984. The company is licensed and regulated by Bank of Uganda as a Micro Deposit Taking Institution (MDI) and is recognized as a key player and part of Uganda’s formal financial sector. FTB has 36 interconnected branches positioned all over the country and serves over 140,000 customers with a variety of savings and loan solutions including business loans, salary loans, school fees loans, savings accounts, fixed deposits and a money transfer service through Western Union Money Transfer.
Its mission is to provide valued relevant financial services to low and medium income people, especially women, for poverty reduction with a focus on excellent customer service and accessibility.
Anne Nakawunde is the Managing Director of Finance Trust Bank. Anne is a banker by profession with over 10 years’ practical experience in Banking and Microfinance. Previously she has worked in various capacities, at Finance Trust Bank as Head of Operations and Operations & Compliance Manager. Prior to Finance Trust Bank, Annet held various key positions at Pride Microfinance and Nile Bank Ltd.
holds a Master of Business Administration from Makere University, Kampala, with a major in finance. The Women’s World Banking network in New York recognized her as the "Financial Woman of the Year" in 2008.
PARTNERSHIP WITH I&P
I&P comitted alongside with FTB
• To bring strategic support
• To lead the operational comittee at the Board of Directors
• Access to credit and saving services for a large part of the population
• 173 743 individuals capitalize their savings at UFT
• 22 700 borrowers had their businesses funded in 2012