Housing Finance Bank Archives

Q&A WITH HOUSING FINANCE BANK’S MICHAEL MUGABI: Ensuring a sustainable future for all and future-proofing the Bank

by Muhereza KyamuteteraCEOs Company News Q + As The Big StorySeptember 16, 2024September 16, 2024

Housing and sustainable urbanisation formed a crucial part of our National Development Plan. How is the Housing Finance Bank supporting this initiative?Housing Finance Bank has been a leader in mortgage provision for 57 years, consistently strengthening our position in this space. We recognise that housing is a crucial element of…

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2023: Housing Finance Bank tops industry in deposits growth; earns UGX65.1 billion in net profit

by Muhereza KyamuteteraCompany News News & Analysis The Big StoryApril 30, 2024April 30, 2024

Housing Finance Bank in 2023 became the fastest-growing bank by customer deposits, beating off all its rivals in the top 10 banks segment, including all 6 Domestic Systemically Important Banks (DSIBs), which control about 65% of the industry.According to results announced today, Housing Finance Bank reported that customer deposits grew…

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#RISINGEXECUTIVES: Seva Mendera Wamara joins Housing Finance Bank as Marketing Manager

by The CEO Magazine TeamCompany News Profiles Women In LeadershipMarch 27, 2024March 27, 2024

Housing Finance Bank has recruited Seva Mendera Wamara as its Marketing Manager, effective 1st March 2024.Seva is a marketing communications professional with over 5 years of experience. She describes herself as “passionate about cultivating marketing strategies that build strong brands and contribute towards business growth”.Her key skills include corporate communications,…

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Housing Finance Bank roots for collaboration to ease vehicle and equipment leasing

by Muhereza KyamuteteraCompany News Finance News & AnalysisMarch 27, 2024March 27, 2024

To meet the growing demand for vehicles and equipment leasing, especially by businesses, Housing Finance Bank has called for a closer collaboration by ecosystem players such as financiers, asset vendors, independent leasing firms and insurers.This call was emphasised at the Housing Finance Bank organised Vehicle and Asset Financing (VAF) Partners’…

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PostBank’s Wendi hits UGX200 bn in payments to over 200,000 PDM beneficiaries

by CEO East Africa MagazineCompany News Fintechs The Big StoryFebruary 24, 2024February 24, 2024

In just four months after its launch, PostBank Uganda’s digital wallet, Wendi has hit a record UGX200 billion in payments to over 200,000 Parish Development Model (PDM) beneficiaries countrywide. According to statistics released by the company, this record has been facilitated by Wendi’s robust network of PostBank payment platforms as well…

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Housing Finance Bank unveils ‘Fuuka Don’ salary loan campaign to support Ugandans’ 2024 goals and aspirations

by CEO ReporterCompany News FinanceJanuary 26, 2024January 26, 2024

In a re-affirmation of its commitment to enabling financial independence and sustainable home ownership, Housing Finance Bank has launched the ‘Fuuka Don’ salary loan campaign. The initiative aims to alleviate financial pressures and empower customers to achieve their financial goals and aspirations for 2024. The campaign was officially unveiled today…

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Housing Finance Bank joins FITSPA to foster innovation, collaboration in financial services sector

by CEO ReporterFinance Industry & AnalysisNovember 29, 2023November 29, 2023

In a pivotal step towards fostering innovation and collaboration withinUganda’s financial services sector, Housing Finance Bank has become a member of the Financial Technologies Services Providers’ Association (FITSPA).FITSPA is an independent, nonprofit organisation representing Uganda’s local fintech community and global fintech institutions operating in the country.This strategic move positions Housing…

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Housing Finance Bank to offer mortgage solutions, financial literacy at Homes and Construction Expo

by CEO ReporterIndustry & AnalysisNovember 24, 2023November 24, 2023

Uganda’s homeownership landscape has its share of opportunities and challenges around affordable housing financing. While urban areas are witnessing growth and increased access to mortgage financing, informal settlements and inadequate housing infrastructure contribute to the housing crisis. Additionally, traditional housing construction methods persist in rural areas, compounded by land ownership…

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Housing Finance Bank joins GIZ, StartHub Africa in promoting innovation

by CEO ReporterIndustry & AnalysisNovember 18, 2023November 18, 2023

Housing Finance Bank recently joined StartHub Africa for the Open Innovation Program demo day where sux start-ups showcased their customized solutions to the growth of sustainable and smart cities. The six startups were: WENA Hardware, Yunga, ShareCARD, RentBeta, Kawu, and SEMA.The program is supported by Deutsche Gesellschaft für Internationale Zusammenarbeit…

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Housing Finance Bank Holds Contractors Forum; Reiterates Support to Businesses

by CEO ReporterCompany News News & AnalysisSeptember 18, 2023September 18, 2023

Business enterprises, constituting over 90% of Uganda’s private sector and contributing at least 20% to the GDP while employing millions of Ugandans, are pivotal drivers of the country’s socioeconomic development. Nevertheless, these indispensable entities often grapple with multifaceted challenges that necessitate the intervention and support of financial institutions.In full recognition…

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