Housing Finance Bank
| Private | |
| Industry | Financial services |
| Founded | 1967 |
| Headquarters | 4 Wampewo Avenue Kololo, Kampala, Uganda |
|
Key people
|
Mathias Katamba managing director |
| Products | Loans, checking, savings, investments, debit cards, mortgages |
| Revenue |
 Aftertax:UGX:14.7 billion (2015) |
| Total assets | UGX:618.53 billion (2015) |
| Website | Homepage |
Housing Finance Bank (HFB) is a commercial bank in Uganda. It is one of the commercial banks licensed by Bank of Uganda, the national banking regulator.
HFB is a full service retail bank that is primarily involved in mortgage banking. Founded in 1967 as a housing finance company, HFB became a fully licensed commercial bank in January 2008, having acquired a commercial banking license from the Bank of Uganda. The bank is the leading mortgage lender in the country, with approximately 60 percent of all Ugandan mortgage accounts. As of December 2015, HFB was the ninth largest commercial bank in Uganda with an asset base valued at UGX:618.53 billion and shareholders' equity of UGX:120.44 billion.
HFB is 50 percent owned by the National Social Security Fund (Uganda). The government of Uganda, through the Ministry of Finance, Planning and Economic Development (Uganda), owns 45 percent. The remaining 5 percent is owned by the National Housing and Construction Company, a parastatal company jointly owned by the government of Uganda (51 percent) and the government of Libya (49 percent).
HFB had planned to list its shares on the Uganda Securities Exchange in 2012, however, those plans have been postponed.
HFB maintains its corporate headquarters and main branch at its newly constructed headquarters building on Wampewo Avenue, on Kololo Hill. HFB's former main branch is located on Kampala Road.
Another branch within the Kampala central business district is located in Nakasero, across Nakasero Road from the Nigerian High Commission. There are two other branches in Kampala, one each in the suburbs of Namuwongo and Ntinda.
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Wikipedia