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August 28, 2015 5:28 AM ET

Thrifts and Mortgage Finance

Company Overview of Housing Finance Company of Kenya Ltd.

Company Overview

Housing Finance Company of Kenya Limited is engaged in the in mortgage lending business in Kenya. It operates through the Retail and Corporate segments. The company offers various savings products, including treasure, Daraja, 1st Hop, crossover, trust relief, and subscription bond accounts; transactional accounts; and investment accounts comprising call accounts, housing development bonds, fixed term deposits, and hybrid fixed term deposits. It also provides mortgage products that primarily consist of home owners’ mortgages, cyclical mortgage, home freedom mortgages, and employers sponsored schemes; and construction/project finance, such as single dwelling and multi development, and property...

Rehani House

Kenyatta Avenue

Koinange Street

PO Box 30088

Nairobi,  00100

Kenya

Founded in 1965

Phone:

254 20 317474

Fax:

254 20 340299

Key Executives for Housing Finance Company of Kenya Ltd.

Housing Finance Company of Kenya Ltd. does not have any Key Executives recorded.

Housing Finance Company of Kenya Ltd. Key Developments

Housing Finance Reports Earnings Results for the First Half of 2015

Housing Finance reported earnings results for the first half of 2015. The company recorded a half year profit of KES 485.14 million up from KES 474.44 representing a 2% growth.

Housing Finance Company of Kenya Ltd., Annual General Meeting, Apr 24, 2015

Housing Finance Company of Kenya Ltd., Annual General Meeting, Apr 24, 2015., at 11:00 E. Africa Standard Time. Location: Kenyatta International Convention Centre, AMPHITHEATRE. Agenda: To receive and, if approved, adopt the audited balance sheet and accounts for the year ended 31 December 2014, together with the Chairman's, the directors' and auditor's reports thereon; to declare dividend of KES 1.50 per share for the financial year ended 31 December 2014 and approve the closure of the register of members at the close of business on 08 May 2015; to elect directors; to re-elect a director; and to authorize the directors to fix their remuneration.

Housing Finance Company of Kenya Ltd. Reports Earnings Results for the Third Quarter of 2014

Housing Finance Company of Kenya Ltd. reported earnings results for the third quarter of 2014. For the period, the company reported that The group's after tax profit increased to KES 719.78 million up from KES 676.17 million representing a 6% growth. Interest income from loans and advances increased by 13% to KES 4.14 billion up from KES 3.66 billion during a similar period in 2013. This growth propelled total Interest income to KES 4.57 billion up from KES 4.10 billion in 2013.

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