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 2019, HFB had an asset base valued at USh912.48 billion (US$247 million), with shareholders' equity of USh211.92 billion (US$57.3 million). On 31 December 2020, the bank's assets were USh1.11 trillion (US$315 million). The bank made an after-tax profit of USh20.6 billion (US$5.84 million) in 2020. At that time, shareholders' equity was USh250.1 billion (approx. US$70 million). More information...
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