2019 Bank Results Archives – CEO East Africa

Meet Raj Kumar Meena; Bank of Baroda’s new Managing Director in Uganda

Muhereza KyamuteteraBanking & Financial Services The Big StoryMay 17, 2020May 17, 2020

Bank of Baroda, Uganda’s 6th largest bank, has a new Managing Director- Mr. Raj Kumar Meena. R.K Meena who joined the bank in April 2020 comes into Uganda with more than 28 years of banking experience. He started his career in 1992 in Baroda’s parent bank; Bank of Baroda, India- the $3 billion Indian banking giant. Prior to joining as Managing Director of Bank of Baroda (Uganda) he was working as the Regional Head of the Udaipur Region in India, where he managed 101 branches with total business of more than the equivalent of UGX 4 trillion. Before that, worked…

This Is Premium Content. Subscribe And Save On Unlimited Access With Our Best Offers!

Only, a few billions shy of UGX1 trillion in assets, Housing Finance Bank’s 2008 repositioning pays off

Muhereza KyamuteteraBanking & Financial Services Company News The Big StoryApril 28, 2020April 30, 2020

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-…

This Is Premium Content. Subscribe And Save On Unlimited Access With Our Best Offers!

Subtotal	UShs0
Shipping	UShs0
Tax	UShs0
Total	UShs0