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Banking just got closer for residents of Nansana, Masaka, and Soroti. Housing Finance Bank has officially opened three new branches, expanding its footprint and reinforcing its commitment to supporting communities…
In Uganda’s rapidly growing communities such as Mukono, access to safe and reliable sanitation remains one of the most pressing challenges. Yet for residents like Patrick Odutu and Odongo Pius,…
To build capacity among the youth and groom talent for future sustainability, Housing Finance Bank on August 11th 2022 announced its sponsorship package of UGX 60 million to Ndejje Angels, the basketball team of Ndejje University. The bank, in a statement, said that the “sponsorship resonates with the Bank’s commitment to providing empowering solutions to all Ugandans, particularly among the youth, who make up 70% of Uganda’s population and hold the promise of becoming the country’s future leaders”. The sponsorship follows the Bank’s recent collaboration with Ndejje University, which included the construction of a basketball court earlier this year on…
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In an ongoing commitment to appreciate its valued customers, Housing Finance Bank recently hosted a customer service forum at Silverback Hotel in Mbarara. The event held last week, also served as a platform for the bank to reward its customers in the western region as well as gather customer feedback. The event is one, amongst the many nationwide customer reward engagements lined up by the bank following their recently launched 5-year strategy that seeks to see customer satisfaction grow to 90% by 2027. Led by Mr. John Baptist Kaweesi, Head of Mortgage and Consumer Banking, the Housing Finance Bank team…
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Housing Finance Bank, the government of Uganda and NSSF-owned lender is now Uganda’s 5th most profitable bank, jumping three positions from the 8th in 2021. In 2022 results released last week, the bank reported that net profit grew by a record 42.7% growth from UGX41 billion to UGX58.5 billion. The bank increased its share of industry profits from 3.2% to 4.5%. In total 23 of 25 banks reported profits in 2022- a combined UGX1.29 trillion, up from 1.08 trillion in 2021. The top 4 profitable banks are Stanbic (UGX366 billion), Centenary Bank 9UGX249.6 billion), Absa Bank Uganda (UGX141.2 billion) and…
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Housing Finance Bank Uganda (HFB) has officially launched their account opening service available on their Mobile Banking App, in a campaign dubbed “Bwepwa”. The HFB Mobile Banking App is a self-service platform which enables customers to send and receive money, track bank account activity, pay bills, load airtime and now, open a Housing Finance Bank account instantly without visiting the branch. This offers the customer a faster, more convenient way to start banking with Housing Finance Bank, hence the name “Bwepwa”. The app can be downloaded from the app store on any smartphone and is available for both new and…
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Housing Finance Bank last week sponsored a Breakfast Meeting at Serena Hotel, Kigo aimed at identifying untapped opportunities for the Ugandan economy to recover through foreign direct investment. Under the theme “Foreign Direct Investment in Uganda: An Untapped Opportunity for Economic Recovery”, the meeting was held in collaboration with the Parliamentary Forum on Labour, Decent Employment, and Productivity alongside the Bank of Uganda. “Today, we are discussing our potential and the opportunities that we can exploit. We know that from foreign direct investment, we can push our country for the next decade,” said Laban Musinguzi, the National Coordinator for Parliamentary…
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Doreen Nyiramugisha, the outgoing Head of Marketing and Communication at PostBank Uganda Ltd has crossed over to Housing Finance Bank as the new Head of Marketing and Communications, CEO East Africa has reliably learnt. In her new role, Doreen shall work alongside the Business to plan and develop new products and processes to deliver the bank’s customer value proposition. She will provide technical guidance on all matters relating to internal and external communications and stakeholder engagements. She has been instrumental in the institution’s transition to a tier one commercial bank. Through stellar Brand, Marketing Communications and CSI strategies, she has…
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Airtel Mobile Commerce Uganda Limited, the provider of affordable and secure Airtel money platform, has partnered with Housing Finance Bank Uganda and digital lending platform provider YABX to enable Airtel Money customers, to access quick loans when they do not have sufficient funds in their wallet. This is the latest service offered by Airtel Money to give financial access to support customers’ needs. AMCUL customers with low balances will be able to complete transactions that include sending money to loved ones, purchasing airtime and bundles, paying for goods and services at Airtel money pay merchants, buying utilities like yaka, and many more. To…
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