HF profit rises 46pc on higher transaction revenue

Housing Finance Group head office in Nairobi. 

Photo credit: File | Nation Media Group

HF Group has posted a 46.3 percent rise in net profit to Sh266.2 million for the half year ended June on the back of higher revenue from transactions and lending.

The profit rose from Sh181.9 million a year earlier. The bank's higher profit was driven by improved income, with the group's total operating income rising 11.1 percent to Sh2 billion from Sh1.8 billion.

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