HF Group Limited, formerly Housing Finance Limited, is a Kenya-based holding company. The Company is engaged in offering banking, financial, property and investment solutions. The Company’s subsidiary, HFC Limited, is engaged in the business of mortgage finance, as well as banking services. The Company’s subsidiaries include HFC Limited- which offers mortgage and commercial banking solutions; HFDI, which offers property development and investment solutions; HF Insurance Agency, which offers insurance solutions and HF Foundation, which is the group’s social Investment arm. It provides asset-based finance that enables the customer to acquire assets for business and personal use, such as new and pre-owned vehicles, tractors and related implements, medical and laboratory equipment, school buses, industrial, contractor and office equipment. The Company has presence in Nairobi, Mombasa, Nakuru, Nyeri, Eldoret, Kisumu, Thika, Meru, Kitengela, Ongata Rongai, Nyali, Naivasha and Kisii.
The restructuring of Housing Finance Company of Kenya presents the Group with the impetus required to deliver on it’s growth strategy through ensuring growth in both group and subsidiary levels. The company medium term strategy that runs to the year 2020 is focusing on mortgage lending and banking efforts on the under-penetrated, upper-middle income and affluent market segments, building a full service retail banking offering, exploration of the corporate banking proposition, developing it’s bancassurance capability among other value drivers. The company recently commissioned it’s new core banking system and business software that has cropped new innovations like mobile banking through a mobile app, salary advances and instant alerts on transactions. Going forward the company expects to roll out internet banking.
About HF Group Plc
HF Group Plc, formerly HF Group Limited, is a holding company. The Company is involved in mortgage lending, provision of corporate and retail banking, property development and bancassurance services. It operates through two segments: Retail and Corporate. The retail segment is split into Retail mortgages consisting of Retail loans and advances, including sourcing of residential mortgages for individual owner occupiers, and Retail deposits, including sourcing for deposits from retail customers that are used to finance the Company’s mortgage products. The Corporate segment is split into Schemes mortgages, which includes arranging corporate loan packages with employers; Projects, including provision of lending to property developers for construction of residential houses for sale, construction of office blocks, schools, hospitals and other related infrastructure; Short-term loans, and Corporate deposits, which is aimed at sourcing for deposits from corporate organizations.
Consumer Financial Services
Group Chief Executive Officer, Executive Director
Group Finance Director
General Manager, Finance
Managing Director, HFC Limited
Group HR Director