HF Group is targeting to recover Sh10 billion non-performing loans (NPLs) and raise fresh capital to meet the minimum level required to comply with the Central Bank of Kenya (CBK).
The lender discloses in its latest annual report that it wants to step up the recovery of the legacy NPLs over a five-year period through auctions and private treaties as it continues to resolve challenges such as litigations that have been standing in the way.
