diff --git a/obp-api/src/main/resources/props/sample.props.template b/obp-api/src/main/resources/props/sample.props.template
index 4a4b43c33..496df7318 100644
--- a/obp-api/src/main/resources/props/sample.props.template
+++ b/obp-api/src/main/resources/props/sample.props.template
@@ -239,6 +239,11 @@ MappedMetrics.cache.ttl.seconds.getStableMetrics=86400
 # 10 minutes - Metrics older than this are considered stable
 MappedMetrics.stable.boundary.seconds=600
 
+## Provider List Cache Configuration
+# Cache TTL for GET /providers endpoint (list of authentication providers)
+# Default: 3600 seconds (1 hour) - Provider list changes infrequently
+getDistinctProviders.cache.ttl.seconds=3600
+
 
 ## You can use a no config needed h2 database by setting db.driver=org.h2.Driver and not including db.url
 # See the README for how to use the H2 browser / console.
diff --git a/obp-api/src/main/scala/code/model/dataAccess/ResourceUser.scala b/obp-api/src/main/scala/code/model/dataAccess/ResourceUser.scala
index e88c43bc4..5b0174c21 100644
--- a/obp-api/src/main/scala/code/model/dataAccess/ResourceUser.scala
+++ b/obp-api/src/main/scala/code/model/dataAccess/ResourceUser.scala
@@ -27,14 +27,19 @@ TESOBE (http://www.tesobe.com/)
 package code.model.dataAccess
 
 import java.util.Date
+import java.util.UUID.randomUUID
 
 import code.api.Constant
+import code.api.cache.Caching
 import code.api.util.APIUtil
 import code.util.MappedUUID
 import com.openbankproject.commons.model.{User, UserPrimaryKey}
+import com.tesobe.CacheKeyFromArguments
 import net.liftweb.mapper._
 import net.liftweb.mapper.DB
 
+import scala.concurrent.duration._
+
 /**
  * An O-R mapped "User" class that includes first name, last name, password
   *
@@ -125,9 +130,21 @@ object ResourceUser extends ResourceUser with LongKeyedMetaMapper[ResourceUser]{
     override def dbIndexes = UniqueIndex(provider_, providerId) ::super.dbIndexes
   
   def getDistinctProviders: List[String] = {
-    val sql = "SELECT DISTINCT provider_ FROM resourceuser ORDER BY provider_"
-    val (_, rows) = DB.runQuery(sql, List())
-    rows.flatten
+    /**
+     * Please note that "var cacheKey = (randomUUID().toString, randomUUID().toString, randomUUID().toString)"
+     * is just a temporary value field with UUID values in order to prevent any ambiguity.
+     * The real value will be assigned by Macro during compile time at this line of a code:
+     * https://github.com/OpenBankProject/scala-macros/blob/master/macros/src/main/scala/com/tesobe/CacheKeyFromArgumentsMacro.scala#L49
+     */
+    var cacheKey = (randomUUID().toString, randomUUID().toString, randomUUID().toString)
+    val cacheTTL = APIUtil.getPropsAsIntValue("getDistinctProviders.cache.ttl.seconds", 3600)
+    CacheKeyFromArguments.buildCacheKey {
+      Caching.memoizeSyncWithProvider(Some(cacheKey.toString()))(cacheTTL seconds) {
+        val sql = "SELECT DISTINCT provider_ FROM resourceuser ORDER BY provider_"
+        val (_, rows) = DB.runQuery(sql, List())
+        rows.flatten
+      }
+    }
   }
 }
 
diff --git a/release_notes.md b/release_notes.md
index c5d7f95da..e12e9de0a 100644
--- a/release_notes.md
+++ b/release_notes.md
@@ -3,6 +3,11 @@
 ### Most recent changes at top of file
 ```
 Date          Commit        Action
+TBD           TBD           Performance Improvement: Added caching to getProviders endpoint
+                            Added configurable caching with memoization to GET /obp/v6.0.0/providers endpoint.
+                            - Default cache TTL: 3600 seconds (1 hour)
+                            - Configurable via props: getDistinctProviders.cache.ttl.seconds
+                            - Significantly reduces database load for provider list lookups
 TBD           TBD           Changes to non stable endpoints: DevOps endpoint path updates
                             Changed /dev-ops/ to /devops/ for all DevOps operational endpoints:
                             - v5.1.0: /dev-ops/log-cache/LOG_LEVEL -> /devops/log-cache/LOG_LEVEL