| Housing Finance Group of Kenya | |
| Type: | Public Company |
| Predecessor: | Housing Finance Limited |
| Location City: | Nairobi, Kenya |
| Key People: | Steve Mainda Group Chairman Robert Kibaara Group CEO |
| Industry: | Banking and Finance |
| Products: | Loans, mortgages, investments, debit cards, credit cards, insurance and philanthropy |
| Revenue: | Aftertax: KES:905.83 million (US$8.88 million) (2016) |
| Assets: | KES:71.93 billion (US$705.11 million) (2016) |
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]
The company headquarters are located in Rehani House, long Koinange Street, at the corner with Kenyatta Avenue, 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).
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: (1) Housing Finance Company Limited (HFC Limited), is a mortgage and retail bank.[3] (2) Housing Finance Development and Investment Limited (HFDI), is a property development and real-estate investment company.[3] (3) Housing Finance Insurance Agency (HFIA), an insurance services company.[3] and (4) Housing Finance Foundation (HFF), an investment company specializing in installment purchase and lease finance for businesses and individuals.[3]
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)
, the major shareholders in the stock of the holding company were as listed in the table below:[4]
| 1 | Britam Holdings Limited
| 19.43 |
| 2 | Equity Nominees Limited A/C 00104* | 13.10 |
| 3 | Britam Insurance Company (Kenya) Limited* | 9.34 |
| 4 | Britam Insurance Company (Kenya) Limited* | 6.66 |
| 5 | Standard Chartered Nominees | 44.06 |
| 6 | SCB A/C Pan African Unit Linked FD | 3.38 |
| 7 | 2.41 | |
| 8 | Kenya Commercial Bank Nominees Limited A/C 915B | 1.12 |
| 9 | Standard Chartered Nominees Resd A/C KE11450 | 1.12 |
| 10 | Kenya Commercial Bank Nominees Ltd. A/C 915A | 1.12 |
| 11 | Other institutional and private investors | 38.26 |
| Total | 100.00 | |
* Britam Holdings Limited's direct and indirect shareholding in Housing Finance 48.53%.