The HF Group has reduced non-performing loans by Sh2 billion over the past six months as mortgage holders struggle to repay their loans in an economy plagued by a slowdown in the property market and job cuts.
Besides the sales, HF also revealed that it had enrolled 700,000 customers on its HF Whizz App that transacted deals worth Sh3.7 billion. The company also gave out loans amounting to Sh1.6 billion in the past year.
