KCB Bank Uganda has reaffirmed its commitment to supporting businesses across Uganda’s oil and gas value chain with tailored financial and operational solutions, as the country moves closer to its First Oil milestone.

Speaking at the media briefing, Fred Hirya Saul, Manager Trade Finance at KCB Bank Uganda, outlined the bank’s strategic focus on enabling contractors, suppliers and investors to navigate the sector’s unique demands, including high capital requirements, complex cash flow cycles and time-sensitive obligations.

To address these needs, KCB Bank Uganda has developed specialised solutions designed to unlock growth and improve operational efficiency. These include structured collateralised financing to support working capital at scale, with no financing limit, allowing businesses to grow in line with project demands.

The Bank also offers unsecured tax bridge financing of up to UGX 4 billion, enabling companies to meet statutory obligations without disrupting cash flow.

In addition to financing, KCB Bank Uganda continues to invest in solutions that enhance efficiency and security for businesses. Its cash management offering includes real-time cash deposit machines installed at customer premises, allowing funds to be deposited securely at source, with custody risk transferring to the bank upon confirmation. Secure Cash-in-Transit services further support the safe and seamless movement of funds.

The Bank’s digital and collections platforms, including POS-enabled merchant solutions and KCB Pay, are also driving efficient, transparent and convenient transactions across the ecosystem.

The opportunity within the oil and gas sector is significant, but so are the demands placed on businesses operating within it. The role of KCB Bank is to ensure that these businesses have access to financing that is flexible and responsive, from working capital with no financing limit to tax bridge facilities of up to UGX 4 billion. Beyond this, the bank is enabling greater efficiency through cash management and digital solutions that reduce risk and support seamless operations across the value chain.

KCB Bank Uganda remains focused on strengthening partnerships and deepening its understanding of the sector and continuing to be the trusted financial partner in the country’s energy journey.