Republic Bank (Ghana) PLC has launched available on the market two new mortgage compensation plans which can be focused at giving householders extra versatile types of compensation and saving on curiosity paid on the finish of the mortgage time period.
This is the primary of its variety in Ghana and offers prospects with the flexibility to avoid wasting as much as 40% of their complete curiosity on the mortgage mortgage and repay earlier with out growing the mortgage instalment.
Commenting on the announcement, Mr Farid Antar, Managing Director of Republic Bank (Ghana) PLC stated, the Bank has over time been deliberating on strategies of constructing homeownership expertise much less anxious and value-adding for each present and potential mortgage prospects.
“As a pioneer of the mortgage business in Ghana, our focus has been on coming up with attractive value propositions to aid our diverse customer segments whilst making the entire mortgage journey easy and affordable for them,” he stated.
The new compensation plans are supposed to get rid of the view of mortgage acquisition in Ghana being irritating and prolonged.
He added that the 2 new compensation plans cut back the variety of compensation years’ prospects must fulfill their mortgage.
Mr. Farid Antar defined that the core of the Bank is Customer Satisfaction, “we are obsessed with providing Ghanaians an incredible mortgage process through our powerful expertise, knowledge and quick processes. Customers now have many ways of repaying their mortgages no matter their salary structure. Our customers deserve the opportunity to easily choose the method that makes them most comfortable and these additional repayment options truly put the power of choice into their hands”.
The introduction of the 2 new compensation plans is to cement Republic Bank because the financial institution of selection for all mortgage or homeownership wants while giving its present and potential prospects choices that greatest swimsuit their pockets.
As the pioneer of mortgage banking with over 30 years of expertise, Republic Bank has been very instrumental within the Ghanaian mortgage banking house offering hundreds of house loans to Ghanaians house and overseas. The Bank continues to be probably the most diversified monetary establishment within the nation and the primary house mortgage supplier.
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