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Britam reverses Sh877 million paper losses in HF investment
HF Group head office along Kenyatta Avenue, Nairobi. HF has been on a recovery path, with the net profit for the year ended December 2025 more than doubling to Sh1.42 billion from Sh524 million
Britam Holdings has reversed a previous impairment or reduction in the value of its investment in its banking associate HF Group to the tune of 877.94 million, citing the lender’s improved financial performance and turnaround due to fresh capital injection.