Press Release

KMRC RECEIVES LICENSE FROM THE CBK TO COMMENCE LENDING BUSINESS

• License unlocks Sh35 billion in debt and equity capital for refinancing of home loans
• KMRC has fulfilled all the licensing requirements enabling granting of license by the regulator
• Mortgage product to target majority of Kenyans in the middle to lower income segment

Nairobi, September 18, 2020 – The Kenya Mortgage Refinance Company (KMRC), the public-private partnership (PPP) firm formed by the Government to drive the affordable housing finance in Kenya, has today received a license from the Central Bank of Kenya (CBK).

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2020 KMRC AGM Press Release.

International Finance Corporation (IFC) and Shelter Afrique okayed as shareholders
Nairobi, June 30, 2020 – The Kenya Mortgage Refinance Company (KMRC), the public-private partnership (PPP) firm formed by the government to make home loans affordable in Kenya, has today held its first Annual General Meeting (AGM), during which its board approved two new shareholders.

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