September 21, 2017 9:18 AM ET

Thrifts and Mortgage Finance

Company Overview of HF Group Plc

Company Overview

HF Group Limited, together with its subsidiaries, engages in the mortgage lending, corporate and retail banking, and property development and bancassurance businesses. The company operates through two segments, Retail and Corporate. It offers various savings products, including treasure, 1st Hop, and crossover accounts; transactional products, such as current, Lengo, SME, HFC Salary, micro-enterprise, youth, agriculture, business collection, and group accounts, as well as banking products for small and medium enterprises (SMEs); and investment accounts comprising call accounts, housing development bonds, fixed term deposits, and hybrid fixed term deposits. It also provides mortgage products ...

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 HF Group Plc

HF Group Plc does not have any Key Executives recorded.

HF Group Plc Key Developments

HF Group Reports Group Earnings Results for the First Quarter Ended March 31, 2017

HF Group reported group earnings results for the first quarter ended March 31, 2017. For the quarter, the company reported profit before tax of KES 129 million, a 73% drop compared to KES 470 million over a similar period in 2016. The Group attributed this drop in performance to the interest rate capping law that resulted in significant drop in interest related income and an increase in interest related expenses. Net interest income contributes 82% of the Group's total income. During the period, net interest income declined by 20% from KES 1billion in a similar period in 2016 to KES 798 million.

HF Group Limited, Annual General Meeting, Apr 21, 2017

HF Group Limited, Annual General Meeting, Apr 21, 2017, at 11:00 E. Africa Standard Time. Location: Kenyatta International Convention Centre (KICC) AMPHITHEATRE Kenya Agenda: To receive and adopt the audited balance sheet and accounts for the year ended December 31, 2016, together with the chairman's, the directors' and auditor's reports thereon; to declare dividend for the financial year ended December 31, 2016 and approve the closure of the register of members at the close of business on May 5, 2017; to elect directors; to approve the directors remuneration; to note that the auditors, KPMG Kenya, will continue in office and to authorize the directors to fix their remuneration; and to consider the change of name of the company from 'HF Group Limited' to 'HF Group Plc'.

HF Group Limited, Annual General Meeting, Apr 22, 2016

HF Group Limited, Annual General Meeting, Apr 22, 2016, at 09:00 GMT Standard Time. Location: Kenyatta International Convention Centre (KICC) AMPHITHEATRE Nairobi Kenya Agenda: To receive and, if approved, adopt the audited Balance Sheet and Accounts for the year ended 31 December 2015, together with the Chairman’s, the Directors’ and Auditor’s Reports thereon; to declare dividend for the financial year ended 31 December 2015 and approve the closure of the Register of Members at the close of business on 29 April 2016; to consider re-election of directors; to approve the Directors Remuneration; and to note that the auditors, KPMG Kenya, will continue in office in accordance with Section 159(2) of the Companies Act (Cap 486) and to authorize the Directors to fix their remuneration.

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