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HFC BANK OPENS BRANCH AT TARKWA-MAAKRO, KUMASI

HFC Bank Ghana Limited has opened a branch at Tarkwa-Maakro in the Kumasi Metropolis as part of the push to establish a firm foothold in the Ashanti region.
This brings the number of branches in the region to four and ups the national total to 22.

Mr. Charles Martinson, General Manager, Banking Operations, said the inauguration of the branch was a demonstration of the bank’s determination to bring banking services to the door steps of the people.

He said HFC Bank was focusing on the development of small and medium enterprises (SMEs) to make them become the catalyst for the nation’s economic growth.
HFC Bank offers numerous services including Commercial Banking, Corporate and Mortgage Banking, Investment Services and Asset Management among others.

Mr. Martinson asked businesses, mechanics and artisans at the Suame Magazine Industrial Area to take advantage of the bank’s presence to expand their operations.
Dr. Joseph K. Adjei, Managing Director of HFC Microfinance Services Limited, in a speech read for him, introduced “Boafo microfinance” which he said provides unique opportunity for low and moderate income Ghanaian households to achieve some level of comfort.
The product has been packaged to help this group of people to achieve the dream of owning decent shelter, grow their business and aid their education pursuit.
Dr. Adjei said HFC “Boafo” had entered into agreement with the Social Security and National Insurance Trust (SSNIT) and HFC Bank to help expand their businesses.
Under the agreement, capital loans are given to SSNIT contributors to enable them to invest in viable economic ventures to improve their livelihoods.
The chairman for the ocasssion, Oheneba Adusei Poku, Akyempimhene of Kumasi, asked the bank to open more agencies in the metropolis to support businesses and SMEs to grow.

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