Uganda’s Housing Finance Bank partners with Interswitch
By the AFREEQUE newsroom, based on Eagle Online
Ugandan bank Housing Finance Bank is partnering with Interswitch to offer deposits, card withdrawals and balance enquiries at more than 23,000 Quickteller points. The partnership is intended to bring banking services closer to customers, particularly in rural areas, according to Eagle Online, citing the bank’s chief operating officer Robert K. Mugabe.
Ugandan bank Housing Finance Bank (HFB) has partnered with Interswitch to enable its customers to make cash deposits, instant card withdrawals and balance enquiries at more than 23,000 Quickteller agents in Uganda. The agreement, announced on 4 November, extends the bank’s services beyond its traditional branches, according to Eagle Online.
Quickteller network agent points will serve as HFB outlets in urban centres, peri-urban areas and rural regions, with extended opening hours. Robert K. Mugabe, the bank’s chief operating officer, said the partnership would facilitate access to deposits and withdrawals while strengthening alternative banking channels. Moris Seguya, managing director of Interswitch Uganda, said the integration also aimed to simplify customers’ access to financial services and create income for agents, according to Eagle Online.
