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Fraud Sees Housing Finance Sink Into Ksh. 332 Million Loss
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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
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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
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