HFC bank has been renamed Republic Bank to reflect the image of the company’s major shareholder, Republic Financial Holding.
The rebranding exercise forms part of efforts by the bank to better position itself in the banking industry and also capitalize on business opportunities on the foreign market.
The bank which started as a non-banking financial company has made significant strides in the mortgage industry and has now expanded its operations to provide retail banking service and corporate banking among other exciting products.
Speaking at a ceremony to unveil the new name and logo, Managing Director of Republic Bank, Anthony Jordan said the exercise is to further inform their customers of opportunities outside of the country and link them to those opportunities.
“We bring to bear the expertise, profitability, and diversity celebrated across 16 subsidiaries, under one Blue Sky, in Trinidad and Tobago, Grenada, Guyana, the Cayman Islands, Cuba, Barbados, Suriname, and of course, right here, in Ghana.”
Republic Financial Holdings have 57 percent shares in the bank which has began to make profit after making losses for two years.
Anthony said “we bring to bear the Power of Many in the actions and duties of more than 5,500 employees united and guided by our Core Values of Integrity, Professionalism, Respect for the Individual, Customer Focus, and Results Orientation.”
By Nana Oye Ankrah