The Takoradi Branch of Republic Bank on Monday November 26th 2018 relocated to their new branch office in Takoradi on the liberation road.

It is in the same building with the National Pensions Regulatory Authority (NPRA) around the all need supermarket.

Speaking to Business Today on the sidelines of the opening, the Zonal Manager for Central Zone, Festus Tornam Habada said the relocation forms part of Republic Bank’s internal reforms to reposition itself in the financial market that will surely help in the discharge of their duties to their clients and cherished customers within the Sekondi-Takoradi Metropolis.

“Part of the main aim to reposition ourselves as a bank; based on that we had to do a whole lot of things including rebranding and capacity training for our staff in order to march up with the competition and also be at a competitive edge of the market.”

Tornam Habada added that the, “Takoradi Branch decided to relocate to a more convenient place that will help execute the business of the day just to satisfy our customer.”

Rebranding from HFC Bank to Republic Bank, Tornam Habada said they are poised to deliver on their core mandates as a bank of choice with tailor made services to suit every Ghanaian who walks in to do business with them.

The Takoradi Branch Manager for Republic Bank, Foster Ahiadu sought to remind customers and none customers that for this Christmas festivity, Republic Bank is giving loans with an interest as low as 20.75% to everybody who needs capital to do any business and also have a good Christmas for the family.

Foster S. Q. Ahiadu (Takoradi Branch Manager – Republic Bank)

“Republic Bank says that ones you are a salary earner you desire to have a very good and enjoyable Christmas; so, we are giving loans as low as 20.75% which is arguably the lowest interest rate currently on the market”, he said.

Meanwhile, The Parent company of Republic Bank Ghana, Republic Financial Holdings Limited of Trinidad and Tobago, has announced a profit attributable to equity holders of US$198million for the year ended September 30, 2018 (Trinidad’s Financial Year-end).

This represents an increase of US$10.6million or 5.6 percent over profit reported in the previous financial year.

In August 2018, Republic Bank (Ghana) Limited met the Bank of Ghana’s new minimum Capital Requirement of GH¢400million.

The Group is said to have invested an additional US$43.7million in Ghana – thereby increasing the Group’s shares in Republic Bank Ghana to 66.54%.

Kojo Ennimil Arthur | Beachfmonline.com | Ghana


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