Login
Subscribe
TodayTuesday, April 28, 2026

Housing Finance Bank Uganda

Scaling With Purpose Under Mugabi’s Leadership: Managing Director Michael K. Mugabi at the helm of Housing Finance Bank’s 2025 performance—delivering a 20% rise in profit to UGX 85.4 billion, driven by strong deposit mobilisation and disciplined lending. Since taking office in 2018, Mugabi has grown customer deposits from UGX 451 billion to UGX 1.95 trillion (4.3x), expanded total assets from UGX 777 billion to UGX 2.7 trillion (3.5x), and increased both total income and net profit more than fourfold to UGX 499.9 billion and UGX 85.4 billion respectively—translating into sustained annual growth rates of over 20% and cementing one of Uganda’s most consistent banking transformations.
Scaling With Purpose Under Mugabi’s Leadership: Managing Director Michael K. Mugabi at the helm of Housing Finance Bank’s 2025 performance—delivering a 20% rise in profit to UGX 85.4 billion, driven by strong deposit mobilisation and disciplined lending. Since taking office in 2018, Mugabi has grown customer deposits from UGX 451 billion to UGX 1.95 trillion (4.3x), expanded total assets from UGX 777 billion to UGX 2.7 trillion (3.5x), and increased both total income and net profit more than fourfold to UGX 499.9 billion and UGX 85.4 billion respectively—translating into sustained annual growth rates of over 20% and cementing one of Uganda’s most consistent banking transformations.

Housing Finance Bank Profit Jumps 20% to UGX 85.4 Billion on Double-Digit Deposit and Loan Growth

Housing Finance Bank has posted a strong set of financial results for the year ended December 31, 2025, with net profit rising by 20% to UGX 85.4 billion, underpinned by sustained double-digit
April 28, 2026
Housing Finance Bank has brought banking closer to the people of Nansana, Masaka, and Soroti with the opening of three new branches, strengthening its presence and reaffirming its dedication to serving communities across Uganda.

Housing Finance Bank Expands Access with New Branches in Nansana, Masaka, and Soroti

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 across Uganda.
August 23, 2025
·
Patrick Odutu a builder and boda boda rider from Mukono shares his story after successfully buiding a proper toilet facility at his home after receiving a loan through the Housing Finance Bank Water Supply and Sanitation solutions.

How HFB’s Water Supply and Sanitation Solution Is Transforming Lives Through Access to Improved Sanitation in Mukono

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, this challenge
July 26, 2025
·
Front Row (2nd Left to Right) – Marietta Mwesigwa (Chief Risk Officer, Housing Finance Bank), Anne Abeja (Company Secretary, Housing Finance Bank), Kato Muhumuza (Dean of Students, Ndejje University) and Doreen Nyiramugisha (Head of Marketing & Communications, Housing Finance Bank) with Ndejje Angels team. Courtesy photo

Housing Finance Bank Boosts Ndejje University’s Basketball Ambitions with Sponsorship Package

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
August 16, 2023
·
L-R: Peace Kabunga, Executive Director Housing Finance Bank, Japhet Aritho, Group Head of Operations Airtel Money, Dr. Tumubweine Twinemanzi, Executive Director Supervision at Bank of Uganda, Mr. Michael Mugabi, Managing Director at Housing Finance Bank, Eunice Ruguru, Director Africa Business from YABX. This was today at the partnership between Airtel Mobile Commerce Uganda Limited and Housing Finance bank Uganda plus digital lending platform provider YABX to enable Airtel Money customers to access quick loans when they do not have sufficient funds in their wallet.

Airtel Mobile Commerce Uganda Limited, Housing Finance Bank Uganda partner to launch ‘Quick Loan’

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
February 7, 2022
··

 

error: Content is protected !!