[13], Nicholas Okwir was the founding managing director of HFB. Housing Finance refers to the finance for meeting the various needs related to housing: Purchase of land Acquisition of a Flat Construction of a house Extension of a house Housing loans from other banks/HFCs. [15], Uganda Ministry of Finance, Planning and Economic Development, National Housing and Construction Company, "Housing Finance Gets 15 Billion Mortgage Fund", "Katamba quits Housing Finance, linked to dfcu", "Summarised Financial Statements For The Year Ended 31 December 2019", "List of Licensed Commercial Banks As At June 2015", "Background of Housing Finance Bank: Ownership", "Housing Finance Bank to List Shares At Securities Exchange", "They Promised To Sell Shares, What Happened? prices, the housing finance by banks ultimately led to subprime lending crisis. [14] In April 2013, Mathias Katamba became managing director, succeeding the retiring Okwir. Jobs - Uganda jobs. Enjoy Convenience with HFB Agent Banking. New Delhi, Dec 24 (PTI) State-owned Central Bank of India will exit housing finance joint venture by selling its entire stake of over 64 per cent to Centrum Housing Finance for Rs 160 crore. Banking on the go! Customer Deposits Are Protected By The Deposit Protection Fund Of Uganda. [4], HFB is a full service retail bank that is primarily involved in mortgage banking. According to Samson Rugambwa, the Manager Bancassurance at Housing Finance Bank, together with Insurance partners, the bank has crafted insurance solutions for various customer segments that aim at reducing future uncertainty and providing peace of mind. No more long lines. Find jobs in Uganda. Housing finance in the euro area March 2009 LIST OF BOXES: Box 1 Distribution of mortgage debt across the population: indications from national household surveys 13 Box 2 Housing loan developments in the new non-euro area Member States 19 Box 3 Relevance of the rented housing market in selected countries 32 Box 4 Banking competition and the HDFC Ltd is one of India’s leading housing finance companies. Job Summary: The Business Banker will provide a pro-active business banking sales and … Housing Finance is in the business of providing mortgages, financial services and a wide range of other related services to homeowners and property developers in Kenya. In general insurance, Housing Finance earned Shs 206.8m in commission. The maximum loan is up to 300 million shillings not exceeding 60% of the property value and its payable in a maximum period of 10 years. [3], HFB is owned by the Uganda National Social Security Fund (50.0 percent). PMRC signed the master guarantee agreement with six leading Islamic and conventional banks, including Meezan Bank, Habib Bank, BankIslami, Faysal Bank, JS Bank and Soneri Bank. Savings Accounts; Current Accounts; Personal Credit Facilities; Business Banking. As the leading mortgage bank in Uganda we enable our customers realise their housing and financial aspirations. The maximum repayment tenure is 20 years. IIFL Housing Finance Limited IIFL Housing Finance Limited offers home loans with attractive interest rates that start at 8.45% p.a. With our Online Banking App, you can enjoy: Quick access to your account. Housing companies will be allowed to achieve this target in a staggered manner -- 60% by March 31, 2022, 70% by March 31, 2023, and 75% by March 31, 2024. Savings Accounts; Current Accounts; Personal Credit Facilities; Business Banking. An exclusive interview on Affordable Housing finance in Uganda with Ms. Peace Kabunga the Chief Business Officer Housing Finance Bank … Our Investment Account is an account for groups of people coming together to pool resources for Investment purposes through overdraft and mortgages. Kololo Branch Plot 4, Wampewo Avenue, Kololo Tel: +256-417-803000. This a short term loan facility for incremental home building and improvements. Kampala Road Branch Plot 25, Kampala Road +256-417803000. Housing Finance Bank (HFB) is a commercial bank in Uganda. Housing Finance Bank (HFB) is a commercial bank in Uganda. Country code A-Z 2 letters representing the country the bank is in. Najjanankumbi Branch - Pelican House, 1032 Entebbe Road, Ovino Branch - Ovino Market Mall, 22, Kibuga Road, Kisenyi, Kampala, This page was last edited on 17 January 2021, at 18:36. SWIFT Code Details A SWIFT/BIC is an 8-11 character code that identifies your country, city, bank, and branch. Business Bank Accounts; Business Credit Facilities; Trade Finance Services; Mortgage & Development Finance. at attractive interest rates. Search our career portal & find the latest Ugandan job positions, career opportunities & jobs in Uganda. ", "BOU Chief Urges Banks To Lower Interest Rates To Ease Borrowing", "Members of the Board of Housing Finance Bank", "Employers' Body To Introduce Training Levy", "Management Team At Housing Finance Bank", Uganda: Housing Finance Readies for Agency Banking, Cipla Quality Chemical Industries Limited, National Identification and Registration Authority, Uganda Retirement Benefits Regulatory Authority, Uganda Electricity Generation Company Limited, Uganda Electricity Transmission Company Limited, Uganda Energy Credit Capitalisation Company, National Water and Sewerage Corporation Headquarters Building, Uganda National Records Centre and Archives, Uganda Christian University School of Medicine, Uganda Martyrs University School of Medicine, Uganda National Entrepreneurship Development Institute, Uganda Technology and Management University, Uganda National Council for Higher Education, Uganda Medical and Dental Practitioners Council, Women's Hospital International and Fertility Centre, Galilee Community General Jewish Hospital of Uganda, National Environment Management Authority of Uganda, https://en.wikipedia.org/w/index.php?title=Housing_Finance_Bank&oldid=1000989083, Articles containing potentially dated statements from April 2014, All articles containing potentially dated statements, Creative Commons Attribution-ShareAlike License, UGX:912.48 billion (US$$247 million) (2019). Housing Finance Bank, is a Commercial Bank and the leading pro¬vider of housing finance solutions with a vision to be the preferred consumer and business bank with a focus on housing finance. First Housing Finance (Tanzania) Limited, is a mortgage bank in Tanzania.It is licensed by the Bank of Tanzania, the country's central bank and national banking regulator, to engage in mortgage lending. Foreign Exchange; Custodial Service Offering; About Us. [3], In August 2017, the two largest shareholders in the bank, the Uganda government and NSSF Uganda, each contributed $8.2 million (for a total of $16.4 million) in fresh capital, to boost the bank's ability to lend to more mortgage borrowers and improve the lender's liquidity. Home; Personal Banking. It is Tanzania's first dedicated mortgage lender. Apply Online for … [10], As of April 2014[update], HFB maintained branches at the following locations:[11], Housing Finance Bank is governed by a twelve-person board of directors of whom two are executive directors and ten are non-executive. About US: Housing Finance Bank, is a Commercial Bank and the leading provider of housing finance solutions with a vision to be the preferred consumer and business bank with a focus on housing finance. Jinja Branch - Beamteks Plaza, 68 Main Street, Kampala Road Branch - 25 Kampala Road, Kampala, Kikuubo Branch - 15 Nakivubo Road, Kampala, Kololo Branch - Investment House, 4 Wampewo Avenue, Kololo. Unlock your world with our Online Banking service. 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. 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