Arab Bank

Leading housing financing company in Kenya, HFC gets Sh1.5billion credit from Arab Bank. Housing Finance Group of Kenya (HFC) have received a line of credit from The Arab Bank for Economic Development in Africa (Badea). The credit line which amounts to Sh1.5billion (US$15 million) is for lending to the SME sector. The new line of credit was signed on Tuesday in Nairobi, as part of Badea’s programme for financing private sector operations. HFC said, it was a honour to…