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The Standard Group Plc is a
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Mortgage lender Housing Finance Group’s net loss widened to Sh1.7 billion in the year ending 2020.
This was an increase of 1,450 per cent compared to a loss after tax of Sh110 million that the mortgage lender posted in 2019. This follows a tough operating environment for the listed lender that saw its revenues decline even as its expenses ballooned.
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