Despite a challenging business year 2020, Housing Finance Bank (HFB) exhibited high levels of resilience to post an impressive performance during a COVID-19 suppressed environment 2020. The bank’s asset base grew by 22% to Shs1.11 trillion up from Shs912.2bn recorded in 2019. This now places the bank over the 1trillion shillings mark, a feat achieved by […]
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In partnership with KCCA, Housing Finance Bank organized a two-day vaccination exercise for its employees and their families at its headquarters in Kololo and has continued to rally upcountry staff to receive the vaccination at government gazetted centers. This comes at the time when the Ministry has warned of a second COVID-19 outbreak with the […]
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Housing Finance Bank (HFB), an indigenous finance institution is famous for its mortgage product in the banking sector. Herewith, the Bank’s Managing Director, Micheal K. Mugabi shares some of its milestone achievements in the implementation of National Development Plan (NDP II) which spanned the period 2015/16-2019/20. Introduce Housing Finance Bank (HFB) to our readers? Housing […]
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In the spirit of celebration, Housing Finance Bank delivered in person to some of their partners across the country special presents to lighten up their Eid celebrations with their families and loved ones. The partners were chosen across all the 17 locations of the bank and rewarded for their loyalty and unwavering support to the […]
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Housing Finance Bank recently launched the Kingdom Development Organ aimed at stimulating community-based resource mobilization in partnership with the Church of Uganda. We caught up with Angela Ndawula, the Head Business and Institutional Banking at Housing Finance Bank who explained the initiative and why the bank has invested in it. Below are the excerpts. Qn: […]
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Kampala; Housing Finance Bank has been named the most innovative bancassurance agent for the year 2020 at Annual Insurance innovation awards held at Serena Hotel Kampala on December 18, 2020. Receiving the accolade, Michael Mugabi, the Managing Director of Housing Finance Bank noted that consumers are now, more than ever expecting rapid responses and personalized […]
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Kampala: Four years since Bancassurance was first introduced in Uganda as part of the amendments to the Financials Institutions Act 2014, experts say the concept is gaining ground and is expected to greatly impact Insurance penetration. Bancassurance is the selling and distribution of insurance products through banks. Commercial Banks are adopting it because selling insurance […]
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