What is HFC company?

What is HFC company?

Housing Finance Companies (HFCs) are a part of NBFCs. You can choose between a bank or an HFC by comparing tenure, interest rate, and processing fees offered by them.

Who owns HFC Bank Kenya?

Britam Holdings Limited

Rank Name of Owner Percentage Ownership
1 Britam Holdings Limited* of Kenya 19.43
2 Equity Nominees Limited A/C 00104* 13.10
3 Britam Insurance Company (Kenya) Limited* 9.34
4 Britam Insurance Company (Kenya) Limited* 6.66

Are HFC and HSBC the same?

Both HFC and JLFS are now part of HSBC UK Bank Plc. HSBC has told us that HFC and JLFS stopped adding a debt collection charge in November 2009 and in 2010 reversed the charge from all live accounts.


“Long-standing players like HDFC, LIC Housing Finance, etc., are stable NBFC/ HFC companies, which compare with large banking players like SBI, ICICI Bank, etc.

Does HFC Bank still exist?

HFC Bank Ltd was placed in liquidation on 13th January 2017.

Is HFC harmful?

HFC emissions cause increased warming of the stratosphere, speeding up the chemical reactions that destroy ozone molecules, and they also decrease ozone levels in the tropics by accelerating the upward movement of ozone-poor air. “HFCs are, in fact, weak ozone-depleting substances.”

Is HFC a greenhouse gas?

Hydrofluorocarbons (HFCs) are greenhouse gases (GHGs) commonly used by federal agencies in a wide variety of applications, including refrigeration, air-conditioning (AC), building insulation, fire extinguishing systems, and aerosols.

Are HFC banned?

As of February 2020, 16 U.S. states ban or are phasing out HFCs. COVID-19 relief legislation, which included a measure that would require chemical manufacturers to phase down the production and use of HFCs, was passed by the United States House of Representatives and United States Senate on December 21, 2020.

What kind of bank is HFC Bank Ghana?

HFC Bank (Ghana) Limited (formerly Home Finance Company) was licensed as a mortgage financing institution to implement the IDA/SSNIT Pilot Housing Finance Programme in Ghana. HFC was incorporated on May 7, 1990 under the Ghana Companies Code 1963 (Act 179) as a private limited liability company.

How did HFC change its name to HF group?

The Incorporation of a new wholly owned subsidiary under the name “ HFC Limited ”. The transfer of the company’s banking and mortgage finance business to its newly incorporated subsidiary, HFC Limited. The changing of the company’s name to “ HF Group Limited ” and operating as a non-operating holding company.

Which is the subsidiary company of HFC Bank?

In 1995, the subsidiary company also successfully promoted the first Real Estate Investment Trust (REIT). To date, HFC Investments manages four funds targeting different sectors of the economy namely HFC Unit Trust, HFC Equity Trust, HFC REIT, HFC Future Plan.

Where is HFC Bank located in West Africa?

HFC Bank has strategic alliances in neighboring West African countries such as Nigeria, The Gambia, Sierra Leone and Liberia.

Back To Top