Republic Bank Ghana Job Vacancies
At Republic Bank, we are committed to the implementation of sound Corporate Governance and development of our human capital. We have an experienced team of HR Professionals with backgrounds in a wide range of disciplines. We believe in developing our talents to be the best in the industry. We take pride in creating a positive environment for our staff in order to promote growth and creativity.
We are committed to being an equal opportunities employer. We welcome people with passion, commitment and the drive to move the business to achieve its goals and objectives. In return for your drive and commitment, we guarantee you a positive work environment and opportunities to
develop an exciting career.
Establishment of the First Collective Investment Scheme in Ghana
Republic (HFC) is reputed for establishing the first Unit Trust (Collective Investment Scheme) in Ghana in July 1991. In 1993, it incorporated Home Finance Investment Fund Limited (HFIF) renamed HFC Investments Services Limited (HFC-ISL) now Republic Investments Limited, a wholly owned subsidiary. In 1995, the subsidiary company also successfully promoted the first Real Estate Investment Trust (REIT). To date, Republic Investments manages four funds targeting different sectors of the economy namely Unit Trust, Equity Trust, REIT, Future Plan.
Pioneer in Bond Issuance
In September 1996, Republic (HFC) introduced the first corporate bonds on the Ghana Stock Exchange by undertaking a shelf registration of USD35 million bonds on the Exchange. Between 1996 and 2007, out of the USD35.0 million Shelf-registered bonds, a total of USD20.65 million bonds have been issued in tranches. The Bank further made an additional GBP1.2 million shelf-registered bonds on the GSE in August 2001. In addition, in the year 2009, Republic (HFC) issued two (2) tranches of US Dollar Corporate Bonds amounting to US$9.44 million through private placements. These bonds have all been successfully redeemed.
Providing Affordable Housing for Public Sector Workers
In November 2007, Republic (HFC) was appointed Manager of the Public Sector Employees’ Housing Scheme which was put together by Republic Bank (HFC Bank) and the Government of Ghana aimed at providing affordable housing for public sector workers. The bank has financed over 350 mortgages under the scheme.
Strategic Alliances and Technical Assistance Programmes
Republic (HFC Bank) has strategic alliances in neighboring West African countries such as Nigeria, The Gambia, Sierra Leone and Liberia. Through a technical assistance programme, the Bank assisted the National Social Security and Insurance Trust (NASSIT), the National Pension Fund of Sierra Leone to establish a mortgage finance company in Sierra Leone in 2008.
Republic Bank (HFC Bank) worked with the Central Bank of The Gambia to establish a mortgage institution in The Gambia in 1995.5