In an exciting move to empower its customers and contribute to Uganda's socio-economic development, Housing Finance Bank has launched the “Fuuka Don” salary loan campaign. This groundbreaking initiative provides both new and existing customers with unsecured financing opportunities of up to UGX 400 million, allowing them to pursue their goals and aspirations for the year 2024.
Running from January to April 2024, the “Fuuka Don” campaign not only offers substantial loan amounts but also provides a flexible repayment period of up to 84 months. Additionally, customers opting for loan buyouts will enjoy the benefit of zero arrangement fees, making this campaign stand out among current market offerings.
The launch of “Fuuka Don” comes on the heels of a successful 2023 for Housing Finance Bank, during which the institution achieved certification to the Sustainability Standards and Certification Initiative (SSCI). This certification underscores the bank's commitment to sustainable practices and responsible financial services.
Furthermore, the bank expanded its services with the establishment of a microfinance department dedicated to meeting the needs of low-income Ugandans. This initiative aligns with Housing Finance Bank's mission to serve a diverse range of customers and contribute to financial inclusion.
Adding to its achievements, Housing Finance Bank increased its footprint by inaugurating a new branch in Hoima City, demonstrating a strategic expansion to better serve customers in different regions of Uganda.
Michael Mugabi, the Managing Director of Housing Finance Bank, emphasized the transformative impact of having the right financial partner. During a media breakfast at the bank's head office, Mugabi expressed, "With the right financial partner, the livelihoods of the customers we serve can be transformed for the better. That is why we are continuously developing and scaling up products that enable exponential growth of our customers’ wealth and well-being."
Housing Finance Bank pledges to maintain a strategic approach, combining financial solutions, collaboration, and market-specific strategies. This commitment reflects the bank's dedication to delivering financial products that cater to the diverse needs of its customer segments.
As the “Fuuka Don” campaign takes center stage in 2024, Housing Finance Bank remains at the forefront of innovation, ensuring that its customers have access to the financial resources they need to thrive and achieve their aspirations.
#NewOnMarket #HousingFinanceBank #Banking
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