Michael Mugabi, Housing Finance Bank Managing Director

Starting off with a handful of customers seeking to purchase houses for their homes in 1967, Housing Finance Bank (HFB) has since grown to touch and change lives in thousands of homes in Uganda. In 2008, HFB diversified from a specialist mortgage lender to include traditional banking and even changed names from Housing Finance Company to Housing Finance Bank- heralding a decade of steady growth. As per the just-released 2019 results, the bank’s assets have over the last 10 years grown at a compounded annual growth rate (CAGR) of 10 per cent, from UGX360.1 billion in 2010 to UGX912 billion-…

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About the Author

Muhereza Kyamutetera is the Executive Editor of CEO East Africa Magazine. I am a travel enthusiast and the Experiences & Destinations Marketing Manager at EDXTravel. Extremely Ugandaholic. Ask me about #1000Reasons2ExploreUganda and how to Take Your Place In The African Sun.

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