Skip to main content
Resolved1 update

Fraud Sees Housing Finance Sink Into Ksh. 332 Million Loss

Story-level discussion

Start here

Mortgage financier HF Group sunk into a Sh332 million net loss in the nine months ended September, weighed down by reduced lending and loan defaults, on a day when Nigerian-owned UBA Bank reported a three-fold increase third quarter after-tax profit to Sh52.2 million. HF Group made a net profit of Sh159.7 million duri

What happened

Mortgage financier HF Group sunk into a Sh332 million net loss in the nine months ended September, weighed down by reduced lending and loan defaults, on a day when Nigerian-owned UBA Bank reported a three-fold increase third quarter after-tax profit to Sh52.2 million. HF Group made a net profit of Sh159.7 million duri

No updates yet on this story. Use the composer above to add the first node.