Housing Finance Bank has posted a strong financial performance for 2025, with profit after tax rising by 20% to Shs85.4 billion, signalling continued growth in its lending business, customer deposits, and digital expansion. The bank’s profit grew from Shs71.1 billion in 2024, driven by increased lending, improved operational efficiency, and stronger customer engagement.
According to the bank’s financial results released in Kampala, total assets grew by 15% to Shs2.70 trillion, while customer deposits increased by 14% to Shs1.95 trillion, reflecting growing customer confidence in the institution. Net loans and advances also rose by 11% to Shs1.20 trillion, supported by financing to households, businesses, and productive sectors of the economy.
Housing Finance Bank Board Chairperson Josephine N. Mukumbya said the performance demonstrates the resilience of the bank’s business model and its commitment to responsible growth.
“On behalf of the Board, we are pleased with the Bank’s performance in 2025, which underscores the resilience of our business model and our commitment to financing a sustainable future for all,” Mukumbya said.
She noted that the bank remains focused on financial inclusion, affordable housing, enterprise development, and sustainable finance.
Managing Director Michael K. Mugabi attributed the growth to the successful execution of the bank’s long-term strategy.
“The 2025 financial year reflects strong execution and continued progress in advancing our purpose. Our performance was driven by portfolio growth, improved operational efficiency, and deepened customer engagement,” Mugabi said.
During the year, the bank said it expanded its national impact through digital and community-based financing initiatives.
Through its digital lending platforms, Housing Finance Bank reached more than 8 million Ugandans, while over 2,500 households accessed housing solutions.
The lender also financed more than 4,200 businesses and disbursed funds to over 2,000 SACCOs under the government’s Parish Development Model.
In the housing sector, the bank said its Zimba Mpola Mpola product continued to help customers build homes gradually based on their income levels.
The lender also extended financing under initiatives such as the Agricultural Credit Facility and Small Business Recovery Fund to support enterprises.
As part of Uganda’s agro-industrialisation agenda, the bank disbursed Shs56 billion to support agriculture value chains and livelihoods.
The bank also expanded its branch network with new outlets in Masaka, Soroti, and Nansana, bringing its total branches to 21 nationwide.
Housing Finance Bank said it also strengthened customer trust after attaining ISO 27001:2022 certification, boosting its information security standards.
Looking ahead, the bank says it will continue focusing on financial inclusion, digital transformation, housing finance, and enterprise growth as it seeks to maintain momentum in 2026.
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