For years, Centenary Bank stood almost alone as Uganda’s defining indigenous banking success story. It proved that a Ugandan-rooted financial institution could scale nationally, compete with multinational players, penetrate rural communities, mobilize grassroots savings, and earn the trust of millions.…
The Government of Uganda, through the Ministry of Agriculture, Animal Industry and Fisheries (MAAIF), Pearl Bank and other partners, has launched a decisive, systemic initiative to safeguard its massive livestock industry and protect the millions of households relying on it…
The annual NSSF Kampala Hills Run, a major corporate social responsibility (CSR) initiative aimed at transforming learning conditions in public primary schools, has been rescheduled. The National Social Security Fund (NSSF) Managing Director, Mr. Patrick Ayota, announced this week that…
In a significant move to promote financial inclusion and drive Uganda towards a cashless economy, Housing Finance Bank (HFB) has partnered with Pesapal Uganda. This groundbreaking partnership aims to improve payment solutions, enhance operational efficiency, and create a stronger financial…
In a bid to promote sustainable development and reduce reliance on fossil fuels, Housing Finance Bank and the Uganda Energy Credit Capitalisation Company (UECCC) have launched a renewable energy loan program for Small and Medium Enterprises (SMEs) in Uganda. The…
Housing Finance Bank (HFB) has strengthened its commitment to promoting the creation and consumption of renewable energy in Uganda, as the country grapples with the devastating effects of climate change. To achieve this goal, the Bank has partnered with the…
The Government of Uganda, in partnership with Centenary Bank and the Private Sector Foundation Uganda (PSFU), has launched a groundbreaking initiative to empower women entrepreneurs through the GROW project. This project has already enabled over 2,073 women to access funds…
Financial service providers in Uganda have been urged to embrace technological advancements to stay competitive and improve customer experience. This call to action comes from Michael Mugabi, the Managing Director of Housing Finance Bank and the Board Chairman of the…
Members of Uganda Bankers’ Association (UBA) held their annual general meeting on the 17th May 2024 and elected Mr. Julius Kakeeto, as the new Chair taking over from Ms. Sarah Arapta who served for a two-year term of office (2021…
Housing Finance Bank has announced a profit after tax of Ushs 65.1 billion for the financial year ended December 31, 2023. The Bank attributed the 11.3% year-on-year growth in net profits to digital transformation and revenue diversification efforts. In the…
Centenary Bank plans to use at least 50% of the financing to support women-run or women-owned businesses, in line with the EIB’s 2x Challenge criteria and SheInvest initiative. Uganda’s Centenary Rural Development Bank and Housing Finance Bank have secured a…
Michael Mugabi, Managing Director/CEO of Housing Finance Bank highlighted what he described as the bank’s strategic focus on enabling micro, small, and medium enterprises (MSMEs), especially those owned by women. Uganda’s Housing Finance Bank (HFB) has joined forces with EIB…
Today, Housing Finance Bank officially launched its Government Securities Portal with a campaign dubbed” Invest On The Go” at Mestil Hotel and Residences, Kampala. The online portal, which is housed on the Bank’s website allows customers to buy Treasury Bills…
Mathias Katamba is a Ugandan Economist, business executive, banker andentrepreneur, currently Managing Director and Chief Executive Officer DFCU Bank. Mathias has also worked with Housing Finance Bank, a commercial bank, PrideMicrofinance Limited, National Social Security Fund, Uganda Finance Trust nowFinance…
Centenary Bank and Absa wrote the largest premiums from bancassurance for the quarter ended March, details from Insurance Regulatory Authority (IRA) show. During the period, data from IRA indicates, Centenary Bank wrote the largest premiums in the life category, recording…