HF Group records Ksh12.6 million in half-year profits

HF Group has posted half-year period pre-tax profit of Ksh 12.6 million for the period ending June 30, 2018, compared to the Ksh 231 million the group recorded in 2017.    Total Interest income declined by 13.1% over the period under review to Ksh 3.194 billion down from Ksh 3.679billion recorded in 2017. Correspondingly, net […]

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CMA Grants HFC License to provide custodial services

HFC, the banking subsidiary of HF Group, has received approval by the Capital Markets Authority (CMA) and Central Bank of Kenya (CBK) to provide custodial services to fund managers, brokers, investment banks, corporates, pension schemes and high net worth individuals, who are active investors either as agents or as principals. The license now positions HFC […]

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Mortgage lender HF Group records records a 77% profit decline, seeks growth through leveraging digital channels

Mortgage lender HF Group has today announced pretax profit of Shs 311 million for the year ending December 31st 2017 down from Shs 1.3 billion in 2016 representing a decline of 77%. The company had in January this year issued a warning regarding a possible decline in its profit for the period ending December 31st […]

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