The Social Security and Housing Finance Corporation (SSHFC) has once again recorded outstanding institutional performance, earning a one-month bonus payment for staff under the national performance framework for state-owned enterprises.
\nThe achievement follows the Corporation\u2019s successful assessment by the State-Owned Enterprises Commission, where SSHFC attained an overall positive performance rating for 2025. The accomplishment reflects the continued transformation and growth of the Corporation under the leadership of Managing Director Saloum Malang, with the support of the SSHFC Board.
\nSSHFC recorded remarkable financial and operational growth over the past three years. The Corporation\u2019s total income grew significantly from over D401 million in 2023 to more than D1.04 billion in 2025, while total assets increased from D8.54 billion to nearly D11 billion during the same period.
\nThe Corporation also registered strong growth in members\u2019 funds, which rose from D8.33 billion in 2023 to D10.11 billion in 2025, further strengthening the long-term security of contributors and beneficiaries.
\nIn addition, SSHFC declared D246.5 million in interest to members in 2025, representing a substantial increase from the previous year. Mortgage repayment collections and contribution collections also improved significantly, reflecting stronger compliance and improved operational performance across the institution.
\nThe Corporation maintained high standards of governance and accountability through the timely submission of financial reports and the successful attainment of favourable audited accounts across all its funds.
\nManagement of SSHFC expressed appreciation to the Government of The Gambia, the Board of Directors, staff, employers, contributors, pensioners, and partners for their continued trust and support.
\nSSHFC reaffirmed its commitment to strengthening social security and housing finance services, improving customer experience, and delivering sustainable value to the Gambian people.<\/p>\n","protected":false},"excerpt":{"rendered":"
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