Housing Finance Half Year Earnings Up 56.7 Per cent

HF recorded a 56.7 per cent rise in half year pre-tax profits from ksh 92 million in the first half of 2009 to ksh 141 million in the first half of this year.


HF income was driven by ksh 1 billion in interest income from loans and advances to customers which rose by 46.2% from ksh 703 million in the first half of last year.


Deposits grew by 46 percent from ksh 11.2 billion in June last year to ksh 16.4 billion in the first half of 2010.