Kenya s mortgage refinancer delays debut cash call businessdailyafrica.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businessdailyafrica.com Daily Mail and Mail on Sunday newspapers.
State mortgage firm picks advisers for debut cash call
Summary
KMRC chief executive Johnson Oltetia said the consultants were considering “a number of market factors” before settling on the amount to be raised, the return to be offered to investors and the repayment period.
Monday May 03 2021
By CONSTANT MUNDA
Summary
KMRC chief executive Johnson Oltetia said the consultants were considering “a number of market factors” before settling on the amount to be raised, the return to be offered to investors and the repayment period.
State-backed Kenya Mortgage Refinance Company (KMRC) has appointed three advisers to guide its planned debut bond issue whose proceeds will be channelled to banks and Saccos for affordable home loans.
KMRC credit to mortgage lenders hits Sh2.8 billion
Monday March 15 2021
By BRIAN NGUGI
Summary
KCB accounts for the bulk of the lending at Sh2.12 billion, followed by HF at Sh515 million. Others include Stima Sacco (Sh69million), Tower Sacco (Sh30 million) and Bingwa Sacco (Sh27 million).
KMRC chief executive Johnstone Oltetia told the Business Daily that the company is also reviewing a pipeline of 337 mortgages worth Sh979 million from a number of lenders.
The Kenya Mortgage Refinance Company (KMRC) has so far advanced Sh2.76 billion in credit to mortgage lenders, accounting for about seven per cent of the fund’s total capital pool.
Woman s murder linked to unrepaid loan and threatening texts Eve Woman standardmedia.co.ke - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from standardmedia.co.ke Daily Mail and Mail on Sunday newspapers.
THE STANDARD By
Fredrick Obura |
January 11th 2021 at 07:35:00 GMT +0300
Stima Sacco Society has handed over the renovated Naivasha Level V Hospital’s Female Medical Ward to the management of the hospital.
The refurbishment of the Ward began with the renovation of the male ward the previous year.
“The Nairobi-Naivasha highway is a busy road, ferrying travelers on their way to their rural homes, as well as revelers looking to take a relaxing break at the scenic resorts available in this town. As such, it is not uncommon for road accidents to occur, and injured victims often find their way to the Level V Hospital. It is my hope that this small token of social responsibility by our organisation will go a long way in enhancing the Hospital’s efforts in treating the lives of all those seeking medical treatment,” said Stima Sacco Chief Executive Officer Dr. Gamaliel Hassan.