Housing Finance Bank has announced strong financial results for the year ended December 31, 2025, demonstrating sustained growth across profitability, assets, loans, and customer deposits. The performance reflects disciplined execution of the Bank’s strategy, continued investment in innovation, and a strong commitment to financial inclusion and sustainable growth.
Strong Financial Performance
Profit after tax increased by 20% to Ug. Shs 85.4 billion, up from Ug. Shs 71.1 billion in 2024. Total assets grew by 15% to Ug. Shs 2.70 trillion, while customer deposits rose by 14% to Ug. Shs 1.95 trillion, reflecting continued trust and confidence in the institution.
Net loans and advances increased by 11% to Ug. Shs 1.20 trillion, driven by sustained financing to households, enterprises, and key productive sectors of the economy.
Governance and Strategic Oversight
Commenting on the results, Josephine N. Mukumbya, Chairperson of the Board, said the performance reflects strong governance and disciplined strategic execution.
“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. The Board has ensured that this growth is delivered responsibly, within a robust governance and risk management framework, and aligned to our High Impact Goals,” she said.
She added that the Bank continues to prioritize financial inclusion, affordable housing, enterprise development, and sustainable finance as key pillars of long-term value creation.
Strategy Execution and Business Growth
Managing Director Michael K. Mugabi noted that the results reflect strong execution of the Bank’s purpose-led 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,” he said.
“These results highlight the growing relevance of our solutions in supporting individuals, households, and businesses across Uganda.”
Delivering Impact Through High Impact Goals
The Bank’s performance was underpinned by the continued execution of its 2023–2027 Strategic Plan and High Impact Goals. During the year, Housing Finance Bank:
- Reached over 8 million Ugandans through digital lending channels
- Supported more than 2,500 households in accessing housing solutions
- Financed over 4,200 enterprises
- Disbursed funds to more than 2,000 SACCOs under the Parish Development Model
Expanding Housing and Enterprise Finance
Housing Finance Bank continued to strengthen its position as a provider of the housing ecosystem. Through solutions such as Zimba Mpola Mpola, more than 2,500 customers were enabled to progressively build homes aligned to their income cycles, improving access to affordable housing.
Enterprise financing was further expanded through initiatives such as the Agricultural Credit Facility and the Small Business Recovery Fund, supporting business resilience and economic recovery.
In line with national development priorities, the Bank advanced Ug. Shs 56 billion towards agro-industrialisation, contributing to sustainable livelihoods and value chain growth.
Wider Reach and Digital Transformation
In 2025, the Bank expanded its physical footprint with new branches in Masaka, Soroti, and Nansana, bringing its total network to 21 branches nationwide.
Continued investment in digital banking platforms enhanced customer experience through improved service delivery, faster turnaround times, and greater convenience.
Strengthening Governance, Sustainability and Trust
The Bank’s commitment to strong governance and sustainability was further demonstrated through the attainment of ISO 27001:2022 certification, reinforcing its information security framework and strengthening stakeholder trust.
Housing Finance Bank also continued progress toward sustainable finance certification, embedding environmental, social, and governance (ESG) principles across its operations.
Outlook
Looking ahead, Housing Finance Bank remains focused on scaling its impact, deepening financial inclusion, and strengthening its role as a trusted partner in building homes, enterprises, and futures.
“With a strong balance sheet, growing customer base, and clear strategic direction, we are well-positioned to sustain our growth trajectory and expand our impact,” added Mugabi.