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Housing Finance Group of Kenya

Housing Finance Group of Kenya (HFGK), also Housing Finance Group Limited (HFGL), is a financial services holding company based in Kenya. HFGK maintains its headquarters in Nairobi, the capital and largest city, with subsidiaries and branches in major urban centers in the country.[1]

Location

The company headquarters are located in Rehani House, on Koinange Street, in Nairobi, Kenya's capital and largest city.[2] The geographical coordinates of the company headquarters are:01°17'06.4"S, 36°49'10.0"E (Latitude:-1.285111; Longitude:36.819444).[3]

Overview

Housing Finance Group of Kenya is a non-operating financial services holding company, established in 2015 to comply with the country's banking laws. The changes are also in anticipation of expanding operations outside Kenya.[1]

HFGK maintains the following subsidiaries:

As of December 2016, the Group's total assets were valued at KES:71.93 billion (US$705.11 million), with shareholders' equity of KES:11.29 billion (US$110.67 million).

  • Housing Finance Company Limited (HFC Limited), a mortgage and retail bank[4]
  • Housing Finance Development and Investment Limited (HFDI), a property development and real-estate investment company[4]
  • Housing Finance Insurance Agency (HFIA), an insurance services company[4]
  • Housing Finance Foundation (HFF), an investment company specializing in installment purchase and lease finance for businesses and individuals[4]

Ownership

, the major shareholders in the stock of the holding company were as listed in the table below:[5]

* Britam Holdings Limited's direct and indirect shareholding in Housing Finance is 48.53%.

See also

  • Equity Group Holdings Limited
  • KCB Group Limited

External links

References

  1. Charles Mwaniki. Mortgage firm Housing Finance set to form holding unit Business Daily Africa, 12 November 2014, retrieved 31 October 2017^
  2. HFGK. Housing Finance Group of Kenya: Contact Us Housing Finance Group of Kenya (HFGK), 31 October 2017, retrieved 31 October 2017^
  3. {{google maps| accessdate=31 October 2017 |url=https://www.google.com/maps/place/1%C2%B017'06.4%22S+36%C2%B049'10.0%22E/@-1.2851111,36.8188796,117m/data=!3m2!1e3!4b1!4m5!3m4!1s0x0:0x0!8m2!3d-1.2851111!4d36.8194444 |title=Location of the Headquarters of Housing Finance Group of Kenya}}^
  4. My Stocks Kenya. HF Group Limited (HFCK): Brief Company Profile Mystocks.co.ke (My Stocks Kenya), 16 January 2017, retrieved 31 October 2017^
  5. HFGK. Housing Finance Group of Kenya: 2016 Annual Report Housing Finance Group of Kenya (HFGK), 27 February 2017, retrieved 31 October 2017^