KAMPALA, Uganda – PostBank Uganda, which is rebranding as Pearl Bank, has partnered with adelphi to provide a three-day hands-on capacity-building initiative for its staff. The training, designed to help employees gain insights into global best practices, coincides with the bank’s efforts to obtain its sustainability certification. The training concluded today at Onomo Hotel.
The bank’s purpose is to foster prosperity for Ugandans, achieved through high-impact goals such as driving sustainable financial inclusion and stimulating entrepreneurship and service. Through these goals, the bank extends innovative financial products and services that facilitate participation in economic activities promoting growth and development.
As part of the Uganda Green Enterprise Finance Accelerator’s (UGEFA) Green Finance Academy—fully funded by the European Union Delegation to the Republic of Uganda and implemented by adelphi—about 30 PostBank staff have benefited from sustainability training aimed at accelerating the understanding of green finance within Uganda’s financial sector.
The training covered topics related to green finance opportunities and the effective delivery of finance to bankable green SMEs, helping to scale their positive environmental, social, and economic impacts.
Carolyn Andama, Head of Public Sector at PostBank Uganda, praised UGEFA for leading sustainable initiatives through tailored training programs, especially for the financial sector. She noted that banks play a crucial role in financing projects that contribute to sustainability.
“Financial institutions like PostBank provide capital through loans, grants, and other financial instruments, influencing industries by funding sustainable initiatives, driving decarbonization, and addressing social challenges such as poverty and inequality. These efforts contribute to the global Sustainable Development Goals (SDGs), which are part of the 2030 sustainable development agenda,” Andama said.
She added, “With the global shift towards sustainability, it is essential that we align the bank’s activities with the global sustainability agenda. The rising demand for green and social finance products enables us to tap into growing markets and attract eco-conscious investors and businesses committed to sustainable practices.”
The three-day training for PostBank staff focused on; Defining the Green Finance context, Understanding green SMEs, Mapping Green Finance Instruments, Assessing Climate Risks & Opportunities, Portfolio & Target Market Analysis, Designing Green Finance Instruments
These areas aimed to deepen the team’s understanding of green finance, the banking sector’s role, and related financial growth opportunities.
Christine Meyer, Project Lead of UGEFA and Head of Programme Green Entrepreneurship at adelphi, applauded PostBank Uganda for creating a platform for training staff on sustainable initiatives aligned with the global sustainability agenda.
“We provide tailored training to financial institutions and collaborate with them to facilitate the flow of green finance into Uganda’s SME sector. Together with our partner banks, we navigate climate risks and leverage green finance opportunities. Through our joint funding facility, we harness the potential of green SMEs to deliver positive social and environmental impacts. We look forward to advancing the sustainable development agenda with committed partners like PostBank,” Meyer said.
PostBank continues to embrace sustainable banking practices, demonstrated by its recognition at the Agricultural Credit Facility (ACF) event held in June this year, where it received several accolades for its consistent efforts to boost agricultural financing and other sectors by adapting its financing solutions to promote economic development.
