Housing Finance Group posted a Sh34.2 million net profit in the first quarter of this year, bouncing back from a loss of Sh191.8 million in a similar period last year.
HF Group has appointed director of credit Mr Peter Oduori as the new managing director for its banking subsidiary HFC, replacing Mr Samuel Waweru who retired in April 2019.
THE STANDARD
MONEY & CAREERS
HF Group CEO Robert Kibaara with Interswitch Kenya Country Manager Romana Rajput (left), and Ag HFC Managing Director Regina Anyika during the launch of the HF Whizz International Money Transfer. The IMT service will enable people in the diaspora remit funds into any HF account.
Housing Finance has partnered with digital payments firm Interswitch Group to offer International Money Transfer (IMT) as part of expansions of its digital banking services.
With the IMT, the lender’s diaspora customers can remit funds into any HF account and also allows a simplified channel for them to make their loan or mortgage payments.