×
App Icon
The Standard e-Paper
Home To Bold Columnists
★★★★ - on Play Store
Download Now

Housing Finance shuts down loss-making investment unit

Housing Finance building on December 27, 2019, Nairobi. [Edward Kiplimo,Standard]

Mortgage lender Housing Finance is shutting down its investment unit HF Development and Investment Limited in a move aimed at cutting losses and strengthening liquidity.

The firm made the announcement in a regulatory notice indicating that the development and investment division will now be handled by the parent company at the firm’s headquarters at Rehani House.

Get Full Access for Ksh299/Week
Uncover the stories others won’t tell. Subscribe now for exclusive access
  • Unlimited access to all premium content
  • Uninterrupted ad-free browsing experience
  • Mobile-optimized reading experience
  • Weekly Newsletters
  • MPesa, Airtel Money and Cards accepted
Already a subscriber? Log in