Introduction
About HFC Group
HF Group 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. HF Group 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, HF Group, 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, HF Group ran a successful 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, HFC. 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 HF Group’s long-term growth prospects.
In February 2025, HF Group was added to the prestigious MSCI Frontier Markets Small Cap Index, which serves as a key performance indicator for investors tracking emerging markets. HF Group’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.
