• Contact Us
  • About Us
  • Advertise
  • Donate
  • Login
Watchdog Uganda
Advertisement
  • Home
  • News
    • National
    • Politics
    • World News
    • Sports
      • Football
      • Motorsport
  • Business
    • Agriculture
    • Finance
    • RealEstate
    • Technology
  • Op-Ed
  • Entertainment
    • Lifestyle
    • Showbiz
    • Big Brother Naija Dairy
  • People
    • Entrepreneurs
    • Stars
    • Politicians
  • Special Report
    • Education
  • Travel
  • Video
  • Luganda
No Result
View All Result
  • Home
  • News
    • National
    • Politics
    • World News
    • Sports
      • Football
      • Motorsport
  • Business
    • Agriculture
    • Finance
    • RealEstate
    • Technology
  • Op-Ed
  • Entertainment
    • Lifestyle
    • Showbiz
    • Big Brother Naija Dairy
  • People
    • Entrepreneurs
    • Stars
    • Politicians
  • Special Report
    • Education
  • Travel
  • Video
  • Luganda
No Result
View All Result
Watchdog Uganda
No Result
View All Result

Parliamentary Committee hails Housing Finance Bank for reducing housing deficit in Uganda 

Catherine Apolot by Catherine Apolot
8 months ago
in National, News
2 0
Members of Parliamentary Committee on Finance meet Housing Finance Bank officials

Members of Parliamentary Committee on Finance meet Housing Finance Bank officials

ShareTweetSendShare

Kampala, Uganda:The Parliamentary Committee on Finance has hailed Housing Finance Bank for the good performance over the years and the important role played in reducing the housing deficit in Uganda.

This was during a meeting held on 16th September 2021 in which the Housing Finance Bank Managing Director, Michael Mugabi, along with a cross section of the leadership team appeared before the Parliamentary Committee on Finance to brief them on the mandate and performance of the bank.

Housing Finance Bank is the only commercial bank, among the 26 licensed tier 1 commercial banks in Uganda, that is 100% Ugandan owned.

The Members of Parliament were happy with the bank’s good performance over the years and promised to support efforts to capitalize the bank and to have the bank participate more in government programs like the Parish Development Model among others, whose aims are to deepen financial inclusion and support growth at grass root level.

For over 50 years now, Housing Finance Bank has continued to provide viable solutions that enable home ownership for all Ugandans.

The bank has entered into a number of partnerships with different developmental partners to facilitate the deployment of an affordable housing offer, enabling them to diversify the mortgage loan offer to include low and middle-income population who currently do not have access to an adequate financial offer from most commercial banks.

About Housing Finance Bank:

Housing Finance Bank is one of the 10 largest banks in Uganda and the leader in mortgage banking business, with deep local expertise spanning more than 50 years. First incorporated as a private limited company in 1967 as Housing Finance Company Uganda Limited, carrying out business as a non-banking credit institution providing mortgage finance and also accepting savings deposits from the public, the bank became licensed and regulated by Bank of Uganda as a Commercial Bank in 2007, to carry on the business of banking under the Financial Institutions Act and changed into a public limited liability company known as Housing Finance Bank Limited.


Do you have a story in your community or an opinion to share with us: Email us at editorial@watchdoguganda.com

ShareTweetSendShare

Related Posts

Racheal Kawala
National

Mityana Pastor who disappeared with 20 followers arrested 

27th May 2022 at 18:22
Bobi Wine and Moses Kibalama during the launch of NUP party in 2020
National

Bobi Wine ousted as NUP president, Moses Kibalama reinstated as party chief

27th May 2022 at 17:36
NRM's Andrew Ojok
News

Opposition rejects Omoro county by-election results, says NRM’s Ojok rigged his way to victory 

27th May 2022 at 13:16
Next Post
Catherine Kusasira

Catherine Kusasira promises to use Chameleone in her EALA campaigns as reward for bouncing back to NRM 

Follow us on Facebook

Trending Posts

  • Waiswa Mufumbiro and Frank Gashumba

    How NUP’s Waiswa Mufumbiro destroyed Frank Gashumba in one night

    16 shares
    Share 6 Tweet 4
  • Entebbe: Police officer found dead along Lake Victoria shorelines 

    15 shares
    Share 6 Tweet 4
  • DR IAN CLARKE: Highway Robbery by Wakiso District Council

    12 shares
    Share 5 Tweet 3
  • LIST: New salary structure for civil servants starting July 2020 out; scientists, lecturers get juicy pay rise

    1886 shares
    Share 754 Tweet 472
  • MP Ssegirinya loses hope as his lawyer Malende ‘plays hide and seek’ whenever court sits to hear his case

    10 shares
    Share 4 Tweet 3

Follow us on Twitter

Facebook Twitter

Contact Information

Watchdog Uganda is a portal for solution journalism, trending news plus cutting edge commentaries in the fields of politics, security, business, tourism, entertainment, technology, agriculture, climate change, environment, public health et al. We also give preference to Ugandan community news and topical discussions. The portal also publishes community news and topical discussions.

Plot 23, Yusuf Lule Road
PO Box 7661 Kampala, Uganda
Office Line: +256 777 286 815
Email: editorial@watchdoguganda.com
To Advertise:Click here

Follow us on Twitter

Follow us on Facebook

© 2022 Watchdog Uganda

No Result
View All Result
  • Home
  • News
    • National
    • Politics
    • World News
    • Sports
      • Football
      • Motorsport
  • Business
    • Agriculture
    • Finance
    • RealEstate
    • Technology
  • Op-Ed
  • Entertainment
    • Lifestyle
    • Showbiz
    • Big Brother Naija Dairy
  • People
    • Entrepreneurs
    • Stars
    • Politicians
  • Special Report
    • Education
  • Travel
  • Video
  • Luganda

© 2022 Watchdog Uganda

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Posting....