HF gets Sh1bn capital boost from Britam

HF chief executive Robert Kibaara (left) with Britam Group managing director Benson Wairegi during the signing of a Sh1 billion capital deal on January 20, 2021 at Britam Towers, Nairobi.

Photo credit: Diana Ngila | Nation Media Group

What you need to know:

  • The funds will be used to bankroll the turnaround strategy of the lender.

Mortgage financier HF Group has received Sh1 billion from its top shareholder Britam Holdings to boost the lender’s capital and loans outside real estate.

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