Housing Finance Group of Kenya
Housing Finance Group of Kenya, also Housing Finance Group Limited, is a financial services holding company based in Kenya. HFGK maintains its headquarters in Nairobi, the capital and largest city, with subsidiaries and branches in major urban centers in the country.
Location
The company headquarters are located in Rehani House, long Koinange Street, at the corner with Kenyatta Avenue, in Nairobi, Kenya's capital and largest city. The geographical coordinates of the company headquarters are:01°17'06.4"S, 36°49'10.0"E.Overview
Housing Finance Group of Kenya, is a non-operating financial services holding company, established in 2015 to comply with the country's banking laws. The changes are also in anticipation of expanding operations outside Kenya. HFGK maintains the following subsidiaries: Housing Finance Company Limited, is a mortgage and retail bank. Housing Finance Development and Investment Limited, is a property development and real-estate investment company. Housing Finance Insurance Agency, an insurance services company. and Housing Finance Foundation, an investment company specializing in installment purchase and lease finance for businesses and individuals.As of December 2016, the Group's total assets were valued at KES:71.93 billion, with shareholders' equity of KES:11.29 billion
Ownership
, the major shareholders in the stock of the holding company were as listed in the table below:Rank | Name of Owner | Percentage Ownership |
1 | Britam Holdings Limited* of Kenya | |
2 | Equity Nominees Limited A/C 00104* | |
3 | Britam Insurance Company Limited* | |
4 | Britam Insurance Company Limited* | |
5 | Standard Chartered Nominees | |
6 | SCB A/C Pan African Unit Linked FD | |
7 | Permanent Secretary Treasury of Kenya | |
8 | Kenya Commercial Bank Nominees Limited A/C 915B | |
9 | Standard Chartered Nominees Resd A/C KE11450 | |
10 | Kenya Commercial Bank Nominees Ltd. A/C 915A | |
11 | Other institutional and private investors | |
Total |