Absa Invests Ksh. 4 Billion Towards Affordable Housing in Kenya

Absa invests Ksh. 4 billion towards affordable housing in Kenya

Absa Bank Kenya has committed Ksh. 4 billion to fund affordable housing in Kenya, expanding its investment portfolio with Kenya Mortgage Refinance Company (KMRC), an increase from Ksh. 3 billion. Speaking at the International Housing Solutions (IHS) Affordable Housing Conference in Nairobi, Absa Bank Commercial Property Finance East Africa Director, Zaharaa Khanbhai said the bank […] The post Absa invests Ksh. 4 billion towards affordable housin…

Absa Bank Sets Aside Ksh.4 Billion for Affordable Housing

Absa Bank Kenya has allocated Ksh.4 billion towards affordable housing loans, a Ksh.1 billion additional investment through the Kenya Mortgage Refinance Company (KMRC). The earlier portfolio had been primed at Ksh.3 billion, and loan uptakers for the housing units will be financed for the rate of up to 105%. “If we are truly to unlock … The post Absa Increases Affordable Housing Investment Portfolio to Ksh.1 Billion first appeared on Metropol Di…