KAMPALA, Uganda — KCB Bank Uganda has partnered with Reportage to provide specialized financial solutions for the real estate sector.
The partnership, launched Tuesday at Four Points by Sheraton, aims to enhance accessibility and support for property buyers and investors.
Under the agreement, KCB Bank will offer streamlined transactions, exclusive offers and personalized financial advice to customers referred by Reportage.
“We are thrilled to join forces with Reportage to create a seamless financial journey for those aspiring to own property,” said Miranda Bageine Musoke, head of retail banking at KCB Bank Uganda. “This partnership aligns with our vision of enabling our customers to access financing solutions that are both convenient and customized to their needs.”
Uganda’s housing deficit stands at 2.4 million units, with 210,000 units needed in urban areas and 1.395 million in rural areas, according to the Uganda Bureau of Statistics.
Residential property prices in Kampala’s suburbs rose 4% in 2024, indicating strong demand for housing.
Alkesh Rajput Kumar, president of Reportage Properties Uganda, said the partnership will provide comprehensive support for clients seeking to acquire property.
“There is a lot of potential in this market in terms of real estate. Most of the buyers lack exposure about the international market and that is why we are here – to share new concepts, plans and ideas on what real estate is doing globally,” Kumar said. “I thank KCB Bank for allowing us to join hands with them. I know that together we will enable Ugandans achieve their dreams of owning homes.”
The partnership will enable customers to benefit from faster loan processing, dedicated relationship managers and financial products tailored to real estate investments.
KCB Bank Uganda’s partnership with Reportage underscores its commitment to driving growth in Uganda’s real estate market through accessible and efficient financial services.
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