Republic Bank (Ghana) PLC has inaugurated its new headquarters, known as ‘The Republic Court,’ at Independence Avenue.
The unveiling of the new headquarters also gives a new life and signifies immense growth of the bank after decades of calling the Ebankese building in the ridge enclave home.
Speaking at the inauguration ceremony, the Managing Director of the Bank, Dr Benjamin Dzoboku, called the event “a celebration legacy, bound in resilience and unwavering faith.”
Touching on the history of the bank once known as the HFC bank, he said, “HFC was just a nurtured dream of making home ownership accessible, and has grown into a subsidiary of a global brand.
“As we move to our new headquarters, we carry along the legacy of those who went before us.”
Speaking specifically about the relocation, Dr Dzoboku stressed that “this relocation is an avenue to do more for the people of Ghana.”
Looking forward to the future, he said, “We are embracing the digital age not as a disruption, but as an opportunity to serve the people of Ghana better and faster. We are not building a bank, but a legacy for those unborn.”
Board Chairman of the bank, Jonathan Prince Cann, said the unveiling of the new headquarters building is a statement of the bank’s resilience and growth from humble beginnings to being a formidable and stable financial institution.
This, he said, would not have been possible without the hard work and contributions of the staff, customers and shareholders.
He pledged the commitment of the bank to deepening their support for the sectors of the economy that drive national development, the small, medium enterprises (SMEs), agribusiness and corporations.
Republic Bank called to support 24-hour economy
The Chief of Staff, Mr Julius Debrah, said the government was looking to banks like Republic to be the financial anchors of its ‘24-hour economy initiative’ by churning out innovative digital banking solutions that will run throughout the day.
This, he noted, will enable round-the-clock payments and accessible trade financing tailored to the unique cash flow and security needs of businesses.
The Chief of Staff praised the bank for its role in supporting the agricultural sector of the economy, particularly in the Western Region, by supporting farmers to acquire farming equipment and helping cocoa farmers access financial instruments.
He also lauded them for their pioneering role in bringing the Ghanaian economy into the formal sector by helping businesses in peri-urban areas access formal financial services.
This, he pointed out, is in line with the government’s aim of bringing as many Ghanaians into the formal economy as possible.
The Chief of Staff said Republic Bank’s strides over the years testify to the fact that profit and purpose can co-exist.
