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HF in deal with regulator over breach of loan rules

Monday, June 06, 2022 - 3 min read

HF Group head office in Nairobi. FILE PHOTO | NMG

Business Editor

Nation Media Group

Housing Finance Company Limited (HF) has made commitments to the Central Bank of Kenya to reverse its multiple breaches of capital and lending rules.

Besides lacking sufficient capital, the lender also disbursed loans in specific instances that put its core capital at risk.

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