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July 15, 2014 … Integrated financial services provider, Housing Finance (HF) has posted a 19 percent growth in its after tax profit for the first half of 2014.

Boosted by its income diversification strategy, HF Group posted a profit of Kshs 474.44 million up from Kshs 397.12 million realized during a similar period in 2013.

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Friday, July 15, 2014
… Housing Finance has contributed Kshs. 10 million shillings towards the Beyond Zero campaign which aims to equip counties with mobile clinics.

The campaign aims to reduce Kenya’s high rate of maternal and child mortality, through bringing health services closer to the people.

Speaking after presenting the cheque, Housing Finance Chairman, Mr. Steve Mainda thanked the First Lady for bringing to the national agenda the issue of maternal and child health.

Housing Finance’s Board Chairman Mr. Steve Mainda presents First Lady Margaret Kenyatta with a cheque worth Ksh. 10 Million, towards the “Beyond Zero” campaign at State House, Nairobi. Looking on are from left; Board Members - Benson Wairegi and Peter Munga, Managing Director - Frank Ireri, Head of Marketing - Achieng Oluoch.

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Housing Finance Managing Director, Mr. Frank Ireri has received the Global 2014 Citi Distinguished Alumni Award for Leadership & Ingenuity.

Mr. Ireri was declared the Leadership & Ingenuity 2013 Kenya winner, following the local awards event that was held on November 20th 2013 at the Sankara Hotel, Nairobi.

The Leadership & Ingenuity award was presented to Frank for distinguishing himself as a leader and for the commitment and effort he has put in his role of leading HF to new and higher levels of success.

“This award demonstrates the depth of leadership and hard work demonstrated by our alumni wherever they currently serve to positively impact our society,” said Daniel J. Connelly, Chief Executive Officer- East Africa

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Integrated property services provider, Housing Finance , has posted a Group profit before tax of kshs 315.97 million in the first quarter of 2014, representing a 13 percent growth.

The Group’s profit after tax increased to kshs 221.18 up from kshs 195.63 million registered during a similar period in 2013.

Despite a difficult trading environment characterized by high cost of funds, loans and advances to customers increased by Kshs 5.55 billion to Kshs 37.24 billion up from Kshs 31.69 billion.

Despite a drop in interest rates from 18 percent to 16 percent during the period under review, HF maintained a steady growth in its interest income due to increased loan disbursements. Total interest income increased to kshs 1.43 billion up from kshs 1.35 billion as a result of growing the loan book.

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Housing Finance has developed a mobile application that helps you calculate your repayments as well as provide you with scenarios on repayments all on your mobile phone.

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There are several products you can use to own your own home depending on which stage you are at in your life.
We have developed a variety of house design types for you to choose from, like the Kilimanjaro, Serengeti, Amboseli etc.

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