Tag: Farid Antar
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Farid Antar retires after 43 years at Republic Bank
Following 43 years of dedicated service to the Republic Bank Group (now Republic Financial Holdings Limited of Trinidad & Tobago), the parent company of Republic Bank Ghana, Managing Director of Republic Bank Ghana, Farid Antar, officially retired from active service on Thursday, July 14, 2021. A statement issued by the Bank notes that, “with a…
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Banks to readjust interest rates to reflect drop in policy rate
Some commercial banks operating in the country say they are yet to finalize processes to determine the level of readjustment of their interest rates to reflect the drop in the policy rate. The Monetary Policy Committee of the Bank of Ghana earlier this month reduced the rate at which it lends to commercial banks by…
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Republic Bank staff support school building project through communal labour
Staff of Republic Bank (Ghana) Limited, a subsidiary of Republic Financial Holdings Limited, Trinidad and Tobago, joined hands with the Berase Community in the Central Region in communal work towards the completion of an ultra modern Classroom Block. The school is being built by Republic Bank as part of its Power-to-Make-a-Difference (PMAD) initiative. The communal…
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Legacy debt repayment: Banks to access another tranche by end of August
Banks that are exposed to the legacy debts within the energy sector say they are expecting some disbursements by the end of this month to defray part of the outstanding debt. They are also anticipating a swift clearing of the remaining amount with Parliament’s approval of the increase in the Energy Sector Levy. The NPP…
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Republic Bank optimistic about govt’s new mortgage financing plan
Banks which have been selected to undertake the government’s National Housing and Mortgage Finance initiative say they are expectant of the prospects of the program in bridging Ghana’s housing gap. One of such banks, Republic Bank, believes its competitive rates should help to ease the burden of prospective homeowners. The Finance Minister Ken Ofori-Atta in…