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Housing Finance jumps into Sh1.7billion loss in 2020

Housing Finance Corporation Headquarters in Nairobi

NAIROBI, KENYA: Housing Finance Corporation (HFC) net loss widened to Sh1.7 billion in the year ending 2020, a jaw-dropping increase of 1,450 per cent.

In the previous year, the mortgage lender made a loss after tax of Sh110 million in 2019.

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