housing finance bank

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. The partnership means that NSSF members will now be able to submit their social security contributions through Housing Finance Bank agents in their neighborhood. HDFC Ltd is one of India’s leading housing finance companies. The event was held at their head offices in … Meru Branch - Westwind Annex Plaza, Tom Mboya Street, This page was last edited on 3 January 2021, at 08:57. The bank is the leading mortgage lender in the country, with approximately 60 percent of all Ugandan mortgage accounts. Total income was ₹ 65.81 crore (Photo: Pradeep Gaur/Mint) Central Bank to exit housing finance … Get lowest interest rates and fulfill the dream of owning your dream home. HFB's former main branch is located on Kampala Road. Mbarara Branch - Classic Hotel Building, 57 High Street. Eldoret Branch -KVDA Plaza, Oloo Street at Utalii Street. [8] In June 2009, HFB opened a branch in Mbale, promising at the opening ceremony to launch Internet banking and rural mobile banking later in 2009. 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. The restructure involved the following:[10], Housing Finance Company of Kenya is a wholly owned subsidiary of Housing Finance Group Limited, a non-operating holding company, whose shares trade on the Nairobi Stock Exchange. Home Loan Products; Mortgage Products; Commercial Mortgages; Treasury. Annual Reports; Branch and ATM Network; Contact; Customer Care; Downloads; Jobs and Career; Management Team SWIFT code: HFCOKENAXXX. Speaking during the launch, Michael Mugabi, the Housing Finance Bank Managing Director explained that the service will bring convenience to the Fund’s members whilst giving the bank an opportunity to expand the financial services offered through its agency banking platform. It usually looks like a shortened version of that bank's name. The company's asset under management stood at ₹ 1,211.70 crore as of September 30, 2020. Speaking during the launch, Michael … It is only natural for the government to create institutions which can provide housing finance.. At the international level, institutions such as World Bank and Asian Development Bank provides both grants and loans, especially soft loans for removing slums and for the creation of housing colonies. HOUSING FINANCE BANK LTD. Mombasa Branch - Permanent House, Moi Avenue. [4] Shares of the stock of the holding company of this mortgage bank (Housing Finance Group of Kenya), are listed on the Nairobi Stock Exchange (NSE), where they trade under the symbol HFCK.[5]. Housing Finance Bank has Tuesday December 1, 2020, unveiled yet another exciting, convenient service for its customers. Business Identifier Codes (BIC codes) for thousands of banks and financial institutions in … [9] In July 2009, HFB opened a branch in Arua, its eighth in the country. CDC has since divested from Housing Finance Limited and the Kenyan Government has substantially reduced its shareholding. Business Bank Accounts; Business Credit Facilities; Trade Finance Services; Mortgage & Development Finance. Housing finance bank is a mobile app that enables housing finance bank customers to access they bank accounts conveniently from their mobile phones.It contains many functionalities that are useful to customers such as: -Bill payments -Mobile Money -Airtime Purchase -Standing Orders -Check Account Balance and Mini statements 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. SWIFT Code Details A SWIFT/BIC is an 8-11 character code that identifies your country, city, bank, and branch. Rehani Branch - Rehani House, Kenyatta Avenue at Koinange Street. Maserah House Branch - Maserah House, Kenyatta Market. [3], HFB is owned by the Uganda National Social Security Fund (50.0 percent). 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. Housing Finance Bank (HFB) is a commercial bank in Uganda. HOUSING FINANCE COMPANY OF KENYA in NAIROBI. The chairman of the board is David Opiokello, one of the non-executive directors. [2] There are eleven other senior managers with whom the managing director supervises the daily activities of the bank. It is one of the commercial banks licensed by Bank of Uganda, the national banking regulator. [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. The company was established in November 1965, to promote a savings culture and home ownership among the citizens of newly independent Kenya. KARACHI: The State Bank of Pakistan has announced a mark-up subsidy for the federal government’s housing finance scheme to provide subsidised financing … Using APKPure App to upgrade Housing Finance Bank Uganda, fast, free and save your internet data. Housing Finance Bank, Investment House 4 Wampewo Avenue, Kololo; Please take note that ONLY shortlisted candidates will be contacted and any form of canvassing will lead to automatic disqualification. In February 2009, HFB opened a branch in Mbarara in western Uganda. 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). [8][9], In December 2014, HFCK commenced a restructure of its operations. In November 2019, the Reserve Bank referred Dewan Housing Finance Ltd … [5], HFB had planned to list its shares on the Uganda Securities Exchange in 2012,[6] however, those plans were postponed.[7]. Kisumu Branch - Tivoli Centre, Court Road. As of December 2013[update], the company's total assets were valued at approximately US$548.4 million (KES:47.4 billion), with shareholders' equity of about US$67.8 million (KES:5.86 billion). The company's assets under management stood at Rs 1,211.70 crore as of 30 September 2020 while its total income was Rs 65.81 crore. Housing Finance Bank, Investment House, Plot 25 Kampala Road, P.O. Mbale Branch - Bugisu Cooperative Union House, 2 Court Road. State-owned Central Bank of India will exit its housing finance joint venture by selling its entire stake of more than 64% to Centrum Housing Finance for ₹160 crore. HDFC Ltd offers a wide range of loan products such as Home Loans for new and resale properties, Home Improvement/Extension Loans, Loan Against Property Balance Transfer, etc. Major investors in the company included the Commonwealth Development Corporation (CDC), whose shareholding at one time was as high as 60%, and the Government of Kenya, which at one time owned 50% of the company. [6], On June 30, 2014, British-American Investments Company (the second largest shareholder in HFCK) served the Housing Finance's board with a takeover notice to acquire Equity Group Holdings Limited's 24.76% shareholding in the mortgage financier. Another branch within the Kampala central business district is located in Nakasero, across Nakasero Road from the Nigerian High Commission. 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. [13], "Housing Finance Posts 33.9% Growth In Net Profit", "Central Bank of Kenya: Commercial Banks & Mortgage Finance Shareholding Information: Institutions with Government Participation", "Audited 31 December 2013 Annual Report And Financial Statements", "HF Group Limited (HFCK): Brief Company Profile", "A History of Missed Opportunities Housing Kenyans", "Proposed Acquisition by British-American Investments Company (Kenya) Limited of 57,270,000 Ordinary Shares of Housing Finance Company of Kenya Limited owned By Equity Bank Limited under a private transaction", "Equity keeps rivals guessing with sale of Sh2b HF stake", "Equity sale of HF stake to Britam lifts firms' share prices", "Housing Finance Company of Kenya - Circular to shareholders: Proposed incorporation of a wholly-owned subsidiary and Proposed transfer of the Company's mortgage finance business to that subsidiary", "Mortgage firm Housing Finance set to form holding unit", "The Branches of Housing Finance Company of Kenya", "Key People At Housing Finance Company of Kenya Limited", Website of Housing Finance Company of Kenya, The Hongkong and Shanghai Banking Corporation, Structured Financial Messaging System (SFMS), United States International University Africa, https://en.wikipedia.org/w/index.php?title=Housing_Finance_Company_of_Kenya&oldid=998006723, Financial services companies established in 1965, Companies listed on the Nairobi Securities Exchange, Articles containing potentially dated statements from December 2013, All articles containing potentially dated statements, Wikipedia articles with WORLDCATID identifiers, Creative Commons Attribution-ShareAlike License, US$548.4 million (KES:47.4 billion) (2013), The Incorporation of a new wholly owned subsidiary under the name “. In March 2009, HFB opened a branch in an area of Kampala known as Kikuubo. [11], The company maintains branches at the following locations:[12], Steve Mainda, one of the non-executive directors, is the Chairman of the board of directors. Swift codes. Nakuru Branch - AFC Building, Geoffrey Kamau Way. Housing Finance Bank (HFB) is a commercial bank in Uganda. Cent Bank Housing Finance is a financing and mortgage firm jointly promoted by Central Bank of India, National Housing Bank, Specified Undertaking of Unit Trust of India and Housing and Urban Development Corporation. [14] In April 2013, Mathias Katamba became managing director, succeeding the retiring Okwir. Our Esteemed Customers, All our branches countrywide will remain closed for business tomorrow Thursday 14th and Friday 15th, January 2021, to allow all our staff and customers exercise their statutory right to vote. Housing Finance Branches: Thika – Uhuru St. Housing Finance P.O. The description of Housing Finance Bank Uganda Housing Finance Uganda is an app that connects you to your bank account and enables you to access … Housing Finance Bank, National Social Security Fund (NSSF) and ABC (Agent Banking Company) have announced a partnership that enables social security collections through agency banking. In 1992 Housing Finance Company of Kenya became listed on the Nairobi Stock Exchange, where it trades under the symbol HFCK. [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. Apply Online for … [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? In partnership with the National Social Security Fund (NSSF), HFB launched a service dubbed NSSF 'yo ku Kyalo' for its customers to access country wide via agent banking services. HF Group, whose official name is Housing Finance Company Limited (HFC Limited), but is commonly referred to as Housing Finance, is a mortgage finance provider in Kenya, the largest economy in the East African Community.The company is the only mortgage company regulated by the Central Bank of Kenya, the central bank and national banking regulator. Foreign Exchange; Custodial Service Offering; About Us. In 2010, the Central Bank of Kenya, authorized HFL to issue and operate checking accounts; having been authorized to issue and operate savings accounts in the past. The transfer of the company's banking and mortgage finance business to its newly incorporated subsidiary, HFC Limited. According to sources, suitors have submitted bids in the range of Rs 35,000-37,000 crore. Housing Finance Bank is one of the seven commercial banks appointed as Primary Dealers by the Central Bank effective October 1, 2020 after a new Primary Dealer system was introduced with reforms whose aim was to deepen the market and liquidity for Government Securities. [3] At that time, the institution was ranked number 17, by assets, out of the 43 licensed banks and mortgage finance companies in Kenya, then. [4], HFB is a full service retail bank that is primarily involved in mortgage banking. Finance Company, Home Loan Providers In India,Dubai,Kuwait, Home Loans – With you for your dream home.Find easy Housing Loan for your needs from LIC HFL. In October 2018, Katamba left and Michael Mugabi was named CEO in an acting capacity. 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. Bank code A-Z 4 letters representing the bank. Frank Ireri is the managing director of Housing Finance. Pearl Lounge Executive Banking Branch - 4 Wampewo Avenue, Garden City Branch - Garden City Mall, 64-68, Yusuf Lule Road, Kampala. Find jobs in Uganda. The remaining 0.82 percent is owned by the National Housing and Construction Company, a parastatal company jointly owned by the government of Uganda (51 percent) and the government of Libya (49 percent). Gill House Branch - Gill House, Moi Avenue. HFB maintains its corporate headquarters and main branch at its newly constructed headquarters building on Wampewo Avenue, on Kololo Hill. It is one of the commercial banks licensed by Bank of Uganda, the national banking regulator. Jobs - Uganda jobs. India’s national housing policy insists on providing more dwelling houses to the citizens. National Housing Bank mobilises local and international funding to support those institutions facilitating for successful retail delivery of housing finance. [2], Housing Finance Limited is a large mortgage finance company, serving the mortgage needs of the Kenyan population. The government of Uganda, through the Uganda Ministry of Finance, Planning and Economic Development, owns 49.18 percent. Search our career portal & find the latest Ugandan job positions, career opportunities & jobs in Uganda. at attractive interest rates. The company adopted the shorter name of Housing Finance Limited, in 2002. The company is the only mortgage company regulated by the Central Bank of Kenya, the central bank and national banking regulator. Housing Finance Bank together with Insurance partners have crafted insurance solutions for its various customer segments thereby creating more customer satisfaction,” Mugabi added on the sidelines of the awards event. A move that would increase Britam's stake to 46.08%[7] and see Equity Group Holdings Limited end its seven-year investment in Housing Finance. HF Group, whose official name is Housing Finance Company Limited (HFC Limited), but is commonly referred to as Housing Finance, is a mortgage finance provider in Kenya, the largest economy in the East African Community. Box 1539, Kampala Uganda, Banks in uganda About Us: To provide banking solutions to an increasingly diverse community through efficient systems and motivated employees so as to enhance shareholder value, customer satisafction and economic development [13], Nicholas Okwir was the founding managing director of HFB. ", "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’s flagship product is the Group Life Insurance embedded on to the revolutionary Saveplus Savings Account. Job Summary: The Manager Collections & Workouts is … There are two other branches in Kampala, one each in the suburbs of Namuwongo and Ntinda. 9 ], Housing Finance Branches: Thika housing finance bank Uhuru St. Housing Finance Bank Tuesday... Offering ; About Us within the Kampala central business district is located in Nakasero, across Nakasero from... Social security contributions through Housing Finance country, city, Bank, and.... Loan Products ; mortgage Products ; mortgage Products ; mortgage Products ; mortgage Products ; commercial ;! Mortgage & Development Finance the range of Rs 35,000-37,000 crore eldoret Branch -KVDA Plaza, Street! Mbarara in western Uganda its customers is a commercial Bank in Uganda housing finance bank Housing Finance all Ugandan mortgage.... Ltd is one of the company was established in November 1965, to promote a Savings and. 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