Housing Finance Bank (HFB) Uganda has announced its partnership with the Uganda North American Association (UNAA) to offer investment solutions for Ugandans living in the Diaspora. The partnership also allows customers to pay for their UNAA registration and subscription fees at any Housing Finance Bank branch and through the bank’s digital channels.
The partnership between HFB and UNAA underscores the Bank’s commitment as an indigenous bank to supporting the Ugandan community – both at home and in the diaspora – and creating opportunities that enhance their financial well-being. Through this partnership, the Bank offers customers in the diaspora with advisory services on top of the wide range of financial solutions including home loans and mortgages, investment opportunities with fixed deposits & government securities, remittances plus the ability to bank anytime anywhere through the HFB digital channels among others.
While addressing the media at Housing Finance Bank head offices, Micheal K. Mugabi, Housing Finance Bank’s MD said, “We know that our brothers and sisters in the diaspora are looking for a reliable financial partner that can enable them to invest back home and benefit from their hard-earned money, and Housing Finance Bank is the bank you need to comfortably live abroad and invest back home.” We do not only offer banking services to our customers, but also go an extra mile and walk with our customers to enable them to achieve their financial aspirations.”
According to Michael Mugabi, the Managing Director at Housing Finance Bank, the partnership aligns with the Bank’s commitment to providing convenient and innovative solutions to its customers. “We are pleased to partner with UNAA to simplify the registration payment process for our customers. Strategic partnerships like these are vital to HFB’s commitment to providing efficient, innovative and customer-centric services that maximise value to our customers and help them achieve their financial goals while providing the best possible banking experience.”
Henrietta Wamala, UNAA President, expressed her delight in the partnership, noting that it would make it easier for Ugandans to participate in the event. “We are excited to partner with Housing Finance Bank to make it more convenient for our members to pay their registration and subscription fees. We believe that this partnership will enhance the overall experience of our members planning to attend the 2023 annual convention.”
Customers can visit any Housing Finance Bank branch to make their payments and register for the 35th Annual UNAA Convention & Trade Expo.
Housing Finance Bank focuses on making banking easy and enabling customers to be in control of their financial and banking needs.
First incorporated as a private limited company in 1967 as Housing Finance Company Uganda Limited, carrying out business as a non-banking credit institution, providing mortgage finance and accepting savings deposits from the public, the Bank became licensed and regulated by the Bank of Uganda as a Commercial Bank in 2007 to carry on the business of banking under the Financial Institutions Act and changed into a public limited liability company known as Housing Finance Bank Limited.
Uganda North American Association (UNAA) is the largest non-political formal association of Ugandans in the diaspora with the community ranging over 120,000 individuals. Annually, it hosts an annual convention that aims to promote the social, cultural and economic development of the Ugandan Community in North America and beyond. The Ugandan Community in North America numbers over 120,000 individuals.