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October 30th, 2014 … Integrated financial services provider, Housing Finance has posted a 15 percent growth in pretax profit supported by growth in its banking services.

The firm posted a pre-tax profit of kshs 1.02 billion during the third quarter of 2014 up from up from kshs 894.70 million recorded in a similar period in 2013.


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.


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


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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