Q&A WITH HOUSING FINANCE BANK’S MICHAEL MUGABI: Ensuring a sustainable future for all and future-proofing the Bank Housing Finance Bank Managing Director Michael Mugabi tips Ugandans on the enormous opportunities in the banking sector, the trends and the unique products the bank offers. He also speaks about how the bank is leveraging its key strengths, embracing innovation, and adapting to the evolving market landscape to solidify its position as a leading player in Uganda’s housing and financial services sector and contribute to the overall development of Uganda’s economy.

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 the National Development Plan and aims to contribute immensely to a higher household income and employment for sustainable socio-economic transformation. We have contributed over UGX60bn in dividends and UGX51bn in taxes, financed over 7,500 homes, financed over 8,400 women-led businesses, launched a Microfinance unit to increase financial inclusion, partnered…

by Muhereza Kyamutetera

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