Housing Finance Bank Uganda has continued marking its growth as it launched a new branch in Hoima city this marks its 18th branch in the country, the branch will provide the people of Hoima and the wider Bunyoro sub-region with access to a wide range of HFB’s banking services.
During the launch, the managing director of HFB, Michael Mugabi, said they were thrilled to celebrate the opening of their first branch in Hoima, the Oil City of Uganda, and within the Albertine region. ” As the Bank, we are extremely excited to be here to launch our presence in this very powerful city of Hoima and, more importantly for us, to launch our 18th branch as the HFB. We are a growing institution, and I am happy that we continue to spread out,” Mugabi said.
He noted that the launch of a new branch in Hoima is a great milestone for them as a bank and a significant stride towards their core purpose of providing convenient, affordable, relevant, and empowering solutions to the people of Uganda.
John Baptist Kaweesa, Head of Consumer Banking & Mortgages thanked so much Hoima City for the immense support given to them. I know that there is a lot more that we can do to improve the lives of our brothers and sisters in this amazing city. You have supported us over the years directly and indirectly and right now we are the 05th largest bank in terms of profitability, we couldn’t do that without your support.” “We know there is a lot more that is going to come here with our presence, and we are eager to support you in different ways. What is so unique about us is the fact that we put a lot of focus on the voice of the customer. We would like to spend more time listening to you. You could be having some peculiar needs, so we customize the solutions to make sure that we make a difference in your lives.”
Brian Adyeri Kaboyo, the mayor hoima city extended appreciation to the HFB management team for bringing the bank to Hoima, which he believes will benefit the people in his area.
“We want to appreciate you as the people of Hoima because we know the bank has many products which our people can benefit from. Hoima is a fast-growing city, and I invite you all to explore the multiple investment opportunities.” Kaboyo said
Hannington Wasswa, the director of Commercial Banking at the Bank of Uganda, congratulated the bank on a commendable job of implementing a growth and expansion program aimed at broadening the outreach and the delivery of banking services to the Ugandan public.
He noted that Hoima City and its surrounding environments have great potential for economic growth and development, adding that the location of the new branch is well suited for HFB’s drive to extend banking services to large, medium and small-sized business enterprises.
“Hoima City and its surrounding environments have great economic growth and development potential. The region is at the forefront of Uganda’s oil exploration activities and boasts of rapid growth in various economic sectors such as agriculture and agribusiness, tourism, building and construction, trade and commerce, and many others,” Wasswa noted.
