HF Group

HF Group Plc, formerly known as Housing Finance Company of Kenya (HFCK), is a prominent financial services holding company headquartered in Nairobi, Kenya. Established in 1965, the group has evolved into an integrated provider of banking, mortgage financing, real estate development, insurance, and social investment services .

Corporate Structure and Subsidiaries

HF Group operates through several key subsidiaries:

• HFC Limited: This is the group’s banking and mortgage finance arm, licensed by the Central Bank of Kenya. It offers a range of services including savings and checking accounts, personal and business loans, and is recognized as one of Kenya’s leading mortgage lenders .

• HF Development and Investment Limited (HFDI): Focused on real estate development and investment, HFDI undertakes projects aimed at increasing affordable housing options in Kenya .

• HF Insurance Agency: This subsidiary provides a variety of insurance products, catering to both individual and corporate clients .

• HF Foundation: Established in 2012, the foundation serves as the group’s social investment arm. It spearheads initiatives like the “Army of One Million Artisans,” aiming to train and empower skilled workers in the construction industry across Kenya and East Africa .

Leadership

The group’s leadership comprises experienced professionals:

• Robert Kibaara: Serving as the Group Chief Executive Officer since December 2018, Kibaara has a background in banking and finance, with previous roles at institutions like NIC Bank .

• Peter Oduori: Appointed as the Managing Director and CEO of HFC Limited in November 2021, Oduori brings over two decades of experience in credit risk and banking operations, having previously worked with Stanbic Bank and Standard Bank Group .

Financial Performance

As of the end of 2024, HF Group reported:

• Total Assets: Approximately KES 70.15 billion

• Net Income: KES 524.7 million

• Total Liabilities: Around KES 54.47 billion .

The company’s shares are publicly traded on the Nairobi Securities Exchange under the ticker symbol HFCK. As of May 30, 2025, the stock was priced at KES 6.78, with a 52-week range between KES 3.32 and KES 9.74 .

Strategic Focus

HF Group is committed to expanding its footprint in the affordable housing sector, enhancing its digital banking platforms, and strengthening its retail banking services. Through its diverse subsidiaries, the group aims to provide comprehensive financial solutions that cater to the evolving needs of its clientele in Kenya and the broader East African region