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CSR Creating Value Through Partnerships

posted 3 May 2017, 05:42 by David Tamale   [ updated 4 May 2017, 05:52 ]


Corporate Social Responsibility (CSR) initiatives have overcome the stigma of being a distraction; something to be suffered.

UDBL recognizes CSR as an opportunity to significantly strengthen our businesses – while building and renewing human, social and natural wealth. Finding the right partner is absolutely critical to the success of a CSR strategy and there are steps that can be taken to ensure a partnership co-creates value for both business and society.

UDBL understands the importance of corporate social responsibility (CSR) and recognizes it as a tool to strengthen our relationships while contributing to society at the same time. In 2016, we continued to demonstrate our commitment to transform lives in communities through the following initiatives.
http://www.udbl.co.ug/news-events

UDB brings smiles to Karambi Primary School

posted 3 May 2017, 05:42 by David Tamale   [ updated 4 May 2017, 05:47 ]


The staff of the Bank donated an assortment of clothing, scholastic materials and snacks on 10th June 2016 to Karambi Primary School, a week to The Day of the African Child. 


The staff efforts were matched with a cash donation from the Bank of UGX 3,000,000 to Mount Rwenzori Wonders, a community in Western Uganda that supports vulnerable children. The donation was towards school fees of 50 orphaned children and to help capitalize the income generating businesses of their guardians. 
http://www.udbl.co.ug/news-events

UDB offers a cheque of UGX 5,000,000 to the Rotary Blood Bank

posted 3 May 2017, 05:42 by David Tamale   [ updated 3 May 2017, 06:44 ]



Uganda Development Bank Board members lead by the Board Chairman honors a contribution to the by Rotary Club in the campaign of building blood bank in Mengo Hospital. 

The chairman emphasized that it’s our mandate to participate as Good Corporate Citizenship to carefully consider how we contribute to make donation to a good causes like this
http://www.udbl.co.ug/news-events

UDB Tapes Strategy to its Forehead

posted 3 May 2017, 05:42 by David Tamale   [ updated 3 May 2017, 13:06 ]



Receiving help from IFC team. Who believe that strategies are not worth much unless they could be concisely distilled, easily understood, and refined to the point where people could tape them to their forehead.
http://www.udbl.co.ug/news-events

Abasaija Kweyamba Mubuku Farming Cooperative Society

posted 3 May 2017, 05:42 by David Tamale   [ updated 3 May 2017, 12:15 ]


The Bank supports the Cooperative Society in financing seed multiplication for FICA and NASECO seed companies. Abasaijja Kweyamba is currently rated the best small holder farmer organization in seed multiplication in terms of quality and quantity.

UDBL intervention has helped the society produce a minimum of MT 400 per season of certified seeds to support the agriculture sector hence reducing the demand-supply parity that is being exploited by fake seed and imports. In addition, the Bank’s intervention has contributed to an increase in house hold incomes by approximately UGX 10 million per annum, contributed towards food security in the country through the seed inputs provided by the Society and also provided employment opportunities to the community.

A rice field under the management of Abasaija Kweyamba Mubuku Farming Cooperative Society Limited
http://www.udbl.co.ug/news-events

UDB IN A SYNDICATED FUNDING OF A USD35 MILLION BIO-FUELS PLANT BY KAKIRA SUGAR LIMITED

posted 3 May 2017, 05:42 by David Tamale   [ updated 3 May 2017, 06:48 ]



On 23rd January 2017 His Excellency, General Yoweri Kaguta Museveni the president of the republic of Uganda officially commissioned the Bio-fuels Plant at Kakira.

It is one the largest Bio-fuel plant in the region, UDBL was one of the consortium banks that raised funding to the tune of USD 25 Million towards the financing of Kakira Sugar Limited’s forward integration expansion strategy of diversifying their product range.
http://www.udbl.co.ug/news-events

Kyenturegye Katojo Dairy Farmers’ Co-operative Society Limited

posted 3 May 2017, 05:42 by David Tamale   [ updated 3 May 2017, 12:47 ]



Kyenturegye Katojo Dairy Farmers’ Co-operative Society Limited is a farmer organisation that began operations in 2012 but formerly registered in 2014 under the 1991 co-operatives act.



It’s a co-operative society of dairy farmers found in kyenturegye katojo trading centre, Rwemikoma Sub County, kiruhura district. The society has a membership of over 120 dairy farmers. The group has been growing steadily, the society had annual milk sales of over 1,131,000 litres of raw chilled milk in the year. Kyenturegye dairy farmers’ co-operative society has 2 milk coolers of 6000 litre capacity.
http://www.udbl.co.ug/news-events

UDB Tapes Strategy to its Forehead

posted 3 May 2017, 05:42 by David Tamale   [ updated 4 May 2017, 05:58 ]


Receiving help from IFC team.

Who believe that strategies are not worth much unless they could be concisely distilled, easily understood, and refined to the point where people could tape them to their forehead.
http://www.udbl.co.ug/news-events

Steel and Tube Industries financed for the purchase of scrap to feed their newly installed hot roll mill in Namanve

posted 3 May 2017, 05:42 by David Tamale   [ updated 3 May 2017, 12:25 ]


Steel and Tube Industries Ltd is one of the leading locally owned leading manufacturer of Construction Steel products in the East Africa region.

The company is based in Uganda with an export market that stretches to Rwanda, Congo, Sudan, Kenya and Burundi. The bank has financed the company for the purchase of scrap to feed their newly installed hot roll mill in Namanve. The company is said to employ directly and indirectly a total of 6,600 individuals.

Their export component accounting for 35% of their total sales is a boost to the country’s BOP position. Steel products are needed to meet the increase in construction and high quality infrastructure needed to match the growing Ugandan population. Tax revenue from importation of raw materials needed for the cold roll mill can is being redistributed to other sectors.
http://www.udbl.co.ug/news-events

Kibinge Coffee farmers’ Co-operative Society Limited

posted 3 May 2017, 05:42 by David Tamale   [ updated 3 May 2017, 12:38 ]


This is a farmer organization found in Bukomansimbi, it was registered in 2009 a co-operative society, the group is involved in primary coffee production and value addition for direct export to an Italian coffee roaster.



The Kibinge has over 1000 members who are engaged in primary coffee production. Kibinge coffee farmers’ co-operative has a contract to supply coffee (FAQ) to an Italian roaster; it’s the only co-operative society that has an export license and directly exporting coffee to Italy.
http://www.udbl.co.ug/news-events

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