HFC bank, one of the leading home finance banks in the country, has renewed its commitment of delivering competitive services to meet the needs of its customers and shareholders by introducing tailor-made products for the year 20016.
The products are HFC Susu, HFC brainy child account, HFC premium savers accounts ( interest bearing current account), HFC 55 plus account ,HFC save account, HFC home save plus, HFC cradle to golden age and HFC I do account.
Speaking at the launch of the products in Accra,the Managing Director of HFC, Mr Robert Le Hunte said the bank’s new range of deposits products dubbed, “You deserve more, Make the switch now”.
According to the bank, some of the measures it has initiated included retraining of staff to work in achieving the bank’s objectives this year.
The bank, which currently has about 57 percent shares owned by the Republic Financial holdings limited, also says it believes to increase its profits and customer base with
this new products drive.
“We have always said that we look at all of our stakeholders, our customers, this means increasing our interest expense but we believe these are fiery things that our customers deserve.
Our staff have been well taken care off over the last six months as a result, at the end of the day, we believe if we really take care of our staff and customers, that will rebound in the bank’s profitability and by extension our shareholders,” Robert Le Hunte stated.
“So with this campaign we think taking care of our staff, our shareholders will automatically benefit from HFC profitability,” the Managing Director further noted.
The new range of products include; HFC cradle to golden age account; HFC brainy child account; HFC smart save account; HFC susu plus account; HFC home save account; HFC I do account as well as HFC 55 plus account.
On his part, the Second Deputy Governor of the Bank of Ghana (BoG), Dr. Abdul NashiruIsahaku cautioned Ghanaians to be vigilant when dealing with institutions that promise returns too good to be true. He however assured of the central bank’s continuous monitoring and enforcing rules to protect depositors’ money.
He said the offer of attractive features and less banking charges is what needed to drive the Ghanaian banking industry.
He took the opportunity to applaud the management and staff of the bank for the laudable initiative in the banking industry.
He reiterated that the central bank was satisfied with the way Republic Bank, the mother bank was committed to the regulatory process leading to acquiring a controlling interest in the HFC.
He further commended the Board and management of the bank for staying focus on the original objectives of the bank.
It is gratifying to note that one of the seven products seeks to address the housing needs of the people of the country.