Housing Finance Bank recently orchestrated a Customer Service Forum at Boma Hotel in a move aimed at enriching customer satisfaction, targeting retail, mortgage, and business clients from Gulu city. This strategic gathering exemplified the bank’s unwavering commitment to refining service standards and surpassing customer expectations through insightful dialogue and feedback. Led by Mr. John Baptist…
In order to meet the demands of Uganda’s robust economic growth projections and the increasing demand for vehicles and equipment across various sectors, Housing Finance Bank has taken proactive steps to foster collaboration among stakeholders in the vehicle and asset financing (VAF) ecosystem. The Bank recently convened a VAF partners’ forum in Kampala, bringing together…
EIB Global, a division of the European Investment Bank (EIB), and Uganda’s Housing Finance Bank (HFB) have announced a collaborative initiative to invest €50 million to support private sector entities, particularly Small and Medium Enterprises (SMEs) in Uganda. The partnership places a special emphasis on gender inclusivity, aiming to improve women’s access to finance by…
In the ever-evolving landscape of financial technology, USSD codes have emerged as a convenient and accessible means for individuals to conduct banking transactions on the go. In Uganda, mobile penetration is high but access to traditional banking services is limited which makes banking via USSD an essential service. This comprehensive guide delves into the world…
As the school holidays start, both schools and parents are gearing up for the Back-to-School season to ensure a smooth transition into the last term of the year. While the focus remains on education and personal growth, the financial aspect of this preparation should not be overlooked. Banks offer a plethora of financial products tailored…
Housing Finance Bank has attained the Certificate of Acceptance from the Sustainability Standards and Certification Initiative (SSCI) at the 10th Global Sustainable Finance Conference held in Karlsruhe, Germany. This achievement highlights HFB’s strong commitment to sustainability, responsible business practices, and alignment with global Sustainable Development Goals and Uganda’s national development agenda. The process of becoming…
In a landscape where digital financial services are embraced by more than half of the population, while traditional banking remains accessible to a mere 10%, the imperative for fostering collaboration with digital financial service providers becomes clear. This was the key message put across by Housing Finance Bank’s Managing Director Michael K. Mugabi as the…
In a significant stride towards enhancing financial accessibility, Housing Finance Bank has joined hands with PostBank and Pride Microfinance Limited to establish a partnership with Airtel Money Uganda. This collaboration aims to facilitate the effortless distribution of Parish Development Model (PDM) funds by the Government of Uganda via the Wendi mobile wallet platform. This strategic…
Introducing children to the world of banking is an essential step toward fostering financial literacy and responsible money management skills. In Uganda, financial institutions offer a range of specialized banking products tailored for young savers. This article delves into a comparative review of banking products for children in Uganda, highlighting their features, benefits, and how…
Investment clubs have gained popularity in Uganda as a means for individuals to pool their resources and invest collectively. These clubs offer a range of benefits, including increased purchasing power, shared risk, and knowledge sharing. As the number of investment clubs grows, financial institutions have introduced specialized investment club accounts tailored to meet the unique…
