HFC Bank Ghana limited , a subsidiary of the Republic Bank Financial Holdings , has launched a suite of exciting deposit products under a new campaign themed "You Deserve More - Make the switch now”.
The suite of new products include HFC Brainy Child account, HFC Smartsave account, HFC Susu Plus account, HFC HomeSave Plus account, HFC IDO account, HFC Premium Savers account and HFC 55plus account. According to management of the bank, these products are designed to cover the banking needs of customers from the Cradle to Golden ages and has the most attractive interest rates and features.
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According to the Managing Director of HFC Bank, Robert Le Hunte the new products form part of the bank’s renewed commitment of delivering competitive services in order to meet the needs of its customers and shareholders in 2016. Some other measures it has initiated, include retraining of staff to work in achieving the bank’s objectives.
HFC Bank, which currently has about 57 percent shares owned by the Republic Financial holdings limited (Republic Bank of Trinidad and Tobago) , also says it believes to increase its profits and customer base with this new drive.
Mr Robert Le Hunte commented:
“We have always said that we look at all of our stakeholders, our customers …it 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. ”
Special guests at the launch which was held at the Movenpick Ambassador Hotel included renowned economist, Kwame Pianim and the 2nd Deputy Governor of the Bank of Ghana, Dr. Abdul Nashiru Isahaku. Dr Isahaku 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.