Republic Bank Ghana Limited


Republic Bank PLC is a commercial bank in Ghana. It is one of the commercial banks licensed by the Bank of Ghana, the central bank and national banking regulator.
WWW republicghana.com

Location

The headquarters of the bank are located at 48A, Sixth Avenue, North Ridge, Accra, Ghana. The geographical coordinates of the bank's headquarters are: 05°34'09.0"N, 0°11'40.0"W.

Overview

, Republic Bank PLC was a medium-sized financial services provider in Ghana, with total assets valued at GHS:3.377 billion and shareholders' equity valued at GHS:574,616,000.

Republic Bank (Ghana) PLC

Republic Bank PLC is a component and subsidiary of the Republic Bank Group, with headquarters in Trinidad and Tobago, with banking subsidiaries in Barbados, Cayman Islands, Ghana, Grenada, Guyana, Suriname and Trinidad and Tobago. As of 31 January, the group's holding company, Republic Financial Holdings Limited, had total assets of US$98.4 billion.

History

The bank was incorporated on 7 May 1990 as a private limited liability company. It was first licensed as a mortgage financing institution. It commenced business on 2 December 1991. On 1 August 1994, Bank of Ghana licensed the company, then called Housing Finance Company Ghana Limited, as a non-bank financial institution. Universal banking status was received on 17 November 2003, from Bank of Ghana.
The institution was listed on the Ghana Stock Exchange on 17 March 1995. On 13 May 2015, the bank, then HFC Bank received regulatory approval to become a subsidiary of Republic Financial Holdings Limited and become a member of the Republic Bank Group.

Ownership

As of September 2020, the bank's stock is owned by the following corporate entities and individuals:
RankName of OwnerPercentage Ownership
1Republic Financial Holdings Limited66.54
2Social Security and National Insurance Trust25.87
3Ghana Union Assurance Company Limited4.97
4SCGN/Ghana International Bank Plc1.08
5Other Investors1.54
Total100.00

Branch Network

Republic Bank has its headquarters in Accra, the capital city of Ghana. The branches of the bank and its subsidiary companies include the following locations:
  1. Head Office - Sixth Avenue, North Ridge, Accra
  2. Ebankese Branch - Sixth Avenue, North Ridge, Accra
  3. Accra Central Branch - Kwame Nkrumah Avenue, Accra
  4. Ridge Branch - 6 Sixth Avenue, West Ridge, Accra
  5. Tema Branch - Asafoatse Kotei Commercial Complex, Tema
  6. Legon Branch - Noguchi Road, University of Ghana, Legon
  7. Kumasi Branch - 571 Asomfo Road, Kumasi
  8. HFC Investment Services Limited - 6 Sixth Avenue, West Ridge, Accra
  9. Tudu Branch - St. Francis Building, Kinbu Road, Tudu
  10. Abossey Okai Branch
  11. Techiman Branch
  12. HFC Realty Limited
  13. Agbogbloshie Branch - Old Fadama Road
  14. Tamale Branch - 8 Daboya Street, Tamale
  15. KNUST Kumasi Branch - KNUST Commercial Area, Kumasi
  16. Koforidua Branch
  17. Baatsona Branch - Spintex Road
  18. Ashaiman Branch
  19. Takoradi Branch - Market Circle
  20. Kasoa Branch
  21. Post Office Square Branch
  22. Adabraka Branch
  23. Suame Branch - Suame Magazine
  24. Swedru Branch
  25. Cape Coast Branch - Tantri
  26. Winneba Branch
  27. Asamankese Branch
  28. Dansoman Branch