Housing Finance Bank has reported strong financial results for the year ended December 31, 2025, with growth recorded across key indicators including profitability, assets, loans and customer deposits.
The bank's profit after tax rose by 20 per cent to Shs85.4 billion, up from Shs71.1 billion in 2024. Total assets increased by 15 per cent to Shs2.7 trillion, while customer deposits grew by 14 per cent to Shs1.95 trillion, signalling continued customer confidence.
Net loans and advances also grew by 11 per cent to Shs1.2 trillion, driven by increased lending to households, businesses and key sectors of the economy.
Board chairperson Josephine N. Mukumbya attributed the performance to strong governance and strategic oversight, saying, "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."
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She added that the bank remains focused on financial inclusion, affordable housing, enterprise development and sustainable finance as part of its long-term strategy.
Managing Director Michael K. Mugabi said the results reflect effective execution of the bank's strategy, noting, "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 added, "These results highlight the growing relevance of our solutions in supporting individuals, households, and businesses across Uganda."
The performance was supported by the bank's 2023-2027 strategic plan, under which it expanded outreach and impact.
During the year, the bank reached more than 8 million Ugandans through digital lending channels, supported over 2,500 households to access housing, financed more than 4,200 enterprises and disbursed funds to over 2,000 SACCOs under the Parish Development Model.
The bank also strengthened its housing finance portfolio through products such as Zimba Mpola Mpola, enabling customers to build homes gradually based on their income levels.
Enterprise financing was expanded through initiatives including the Agricultural Credit Facility and the Small Business Recovery Fund, while Shs56 billion was advanced towards agro-industrialisation.
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In terms of expansion, the bank opened new branches in Masaka, Soroti and Nansana, bringing its total network to 21 branches. It also continued to invest in digital platforms to improve service delivery and customer experience.
The bank further enhanced its governance and risk framework after attaining ISO 27001:2022 certification, reinforcing its information security systems. It also continued integrating environmental, social and governance principles into its operations.
Looking ahead, Mr Mugabi said the bank is well positioned to sustain its growth, adding, "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."
