Housing Finance Bank (HFB) is a commercial bank in Uganda 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 one of the leading mortgage lenders 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 Embassy 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.
Contacts:
Head Office: Investment House, Plot 4, Wampewo Avenue, Kololo
Tel: +256 (0) 417 803 000, +256 (0) 414 259 651/ 2, +256 (0) 312 262 614
Email: info@housingfinance.co.ug
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