🎙️ AUHF Chairperson, Mr Kehinde Ogundimu, will moderate a session titled: “Supporting and Funding the Implementation of IBTs: An International Perspective.”
HFCB is an integrated financial solutions provider that is registered as a non–operating holding company (under the Banking Act Cap. 488) and regulated by the Central Bank of Kenya (CBK). The Group, previously known as Housing Finance, commenced operations on November 18th, 1965, and has transitioned from being a mortgage financier to a provider of integrated financial solutions with interests in Personal Banking, SME and Commercial Banking, Trade Finance, Diaspora Banking, Treasury as a business, property finance, and insurance. HFCB is a public limited company, listed at the Nairobi Securities Exchange since 1992.
The company restructured its business and rebranded in August 2015, transforming from a single entity – Housing Finance, to the non-operating holding company, HFCB, with five subsidiaries: * HFC – Full-service banking * HFDI – Property development and investment * HF Bancassurance Intermediary – Bancassurance * HF Foundation – Corporate Social Investment * First Permanent – Currently not trading
In 2024, HFCB successfully completed a Rights Issue, which was oversubscribed by 38.32%. The capital raised through this exercise served to strengthen core capital for the Group’s banking subsidiary, HFCB. The company’s shares, currently trading at Kes 8, reflect a remarkable 100% appreciation from the rights issue price of Kes 4, underscoring the market’s confidence in HFCB’s long-term growth prospects.
In February 2025, HFCB was added to the prestigious MSCI Frontier Markets Small Cap Index, which serves as a key performance indicator for investors tracking emerging markets. HFCB’s addition to this index affirms the Group’s commitment to strengthening its market position, driving sustainable growth, and creating long-term value for shareholders.
ZEP-RE (PTA Reinsurance Company) is a leading reinsurer in Africa and a specialised institution of the Common Market for Eastern and Southern Africa (COMESA). The company was established in 1990 through an Agreement of Heads of State and Government of the then Preferential Trade Area, a precursor to COMESA, to develop the insurance and reinsurance industries and support capacity building.
With 20 African signatory member states, our shareholding as of 31 December 2024 comprises of eight (8) governments, seventeen (17) government-related entities, 14 private insurance /reinsurance companies, two (2) COMESA organisations, and two (2) DFIs.
ZEP-RE has established a network of regional hub offices and contact offices to serve its footprint in COMESA and beyond. With three regional hubs in Nairobi (also the headquarters) serving East and Central Africa, Harare (Zimbabwe) serving Southern Africa, and Abidjan (Cote d’Ivoire) serving West Africa & CIMA region, and 5 country offices in Lusaka (Zambia), Kampala (Uganda), Addis Ababa (Ethiopia), Kinshasa (D.R. Congo), & Kigali (Rwanda). Furthermore, ZEP-RE operates a Retakaful Window out of its office in Khartoum (Sudan).