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, on Koinange Street, 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:
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:
RankName of ownerPercentage ownership
1Britam Holdings Limited* of Kenya19.43
2Equity Nominees Limited A/C 00104*13.10
3Britam Insurance Company Limited*9.34
4Britam Insurance Company Limited*6.66
5Standard Chartered Nominees44.06
6SCB A/C Pan African Unit Linked FD3.38
7Permanent Secretary Treasury of Kenya2.41
8Kenya Commercial Bank Nominees Limited A/C 915B1.12
9Standard Chartered Nominees Resd A/C KE114501.12
10Kenya Commercial Bank Nominees Ltd. A/C 915A1.12
11Other institutional and private investors38.26
Total100.00

* Britam Holdings Limited's direct and indirect shareholding in Housing Finance is 48.53%.