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HF gets Sh1bn capital from Britam

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HF chief executive Robert Kibaara (left) with Britam group managing director Benson Wairegi during the signing of a Sh1 billion capital deal yesterday at Britam Towers, Nairobi. PHOTO |  DIANA NGILA | NMG

By  Victor Juma

Business Editor

Nation Media Group

Mortgage financier HF Group has received Sh1 billion from its top shareholder Britam Holdings to boost the lender’s capital and loans outside real estate.

The cash injection will enable HF to deepen its strategy of expanding into mainstream banking including retail and SME lending while cutting reliance on the soft real estate market.

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