HF upgraded to mid-tier bank on capital injection

Housing Finance Group head office in Nairobi. 

Photo credit: File | Nation Media Group

Listed mortgage lender Housing Finance (HF) has been upgraded back to a mid-tier bank after growing its market share following a capital injection by shareholders last year.

The Central Bank of Kenya disclosed that HF controlled one percent of the Kenyan banking market, which is the mark used to identify medium-sized banks.

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