Tag Archives: HFC Bank

HFC Bank to raise GH¢50million on GSE

HFC

HFC Bank has begun processes aimed at raising some Gh¢50 million through the Ghana Stock Exchange (GSE). It follows approval from the Board of Directors of the Bank at its Extra Ordinary General Meeting. The funds raised from the offer are expected to help the bank meet the new Gh¢400 million minimum capital requirement set by the Central Bank. Starr ...

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HFC Bank to rebrand as Republic Bank Ghana

Republic Bank

Shareholders of HFC Bank have voted for the Board of Directors to raise 50 million cedis on the Ghana Stock Exchange as well as rebrand as Republic Bank Ghana. The funds are meant to help the bank meet the 120 million cedis capital requirement announced by the Bank of Ghana in 2013. Speaking to shareholders at an Extra Ordinary General ...

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HFC Unit Trust and REIT hold AGM

HFC

The HFC Unit Trust and Real Estate Investment Trust (REIT) Funds, both recorded marginal gains at the close of December 2016. This was due to the active re-balancing strategy measures put in place by the fund managers to cushion them against the negative macroeconomic indicators. Mr Peter Larbi-Yeboa, the Fund Managers for both investment portfolios, said the net fund value ...

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HFC bank to invest heavily in oil & gas in 2017

TEN

The Managing Director of HFC Bank, Robert Le Hunt has told Citi Business News the bank will make a substantial investment in Ghana’s oil and gas industry in 2017. According to him, the industry holds the potential to empower efforts by the government to increase local participation of Ghanaians in the sector. Speaking to Citi Business News, Mr Le Hunte ...

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