Skip to main content

HFC Bank provides classrooms, teachers’ bungalow

HFC Bank is to build a teachers’ bungalow at Kramokrom, a predominantly cocoa growing community in the Asante-Akim North Municipality in the Ashanti region, to help provide decent accommodation for teachers posted to the area.

Already, the Bank has built a three classroom block for the local Junior High School at a cost of GH¢25,000.00.

Led by Mercy Araba Kerston, the Operations Officer, staff of the Kumasi branches of the Bank undertook a joint painting and clean-up exercise at the Kramokrom Junior High School over the past weekend.

The Kramokrom exercise, which was part of activities to mark the bank’s 20th anniversary celebrations, saw the staff clearing weedy areas of the school, trimming overgrown flowers, removing garbage and de-silting gutters. They also scrubbed the floors and painted the walls.

According to Kerston, HFC Bank’s contribution to the provision of education in the country was in line with the Bank’s Corporate Social Responsibility programme.

The staff later feted more than 100 school children with food and assorted soft drinks.

Ebenezer Oteng, Headmaster, expressed gratitude to HFC Bank saying, the construction of the JHS had increased enrolment. “It had brought to an end the era when the school children travelled long distances and by so doing took the daily risk of crossing rivers to attend school at Odumase and other nearby towns,” Oteng observed.

The Unit Committee Chairman, Haruna Owusu, called on the government to link the area to the national electrification grid and to provide them with a borehole.

A couple of weeks ago, HFC Bank cut a sod to construct another six classroom block for the Kotobabi No. 2 Primary School at Baatsona in the Tema Municipality.

In similar development, HFC Bank has installed a state of the art networked CCTV camera system that enables the real time video monitoring of activities in and around its 21 branches across the country. The Bank has a Central Monitoring Station (CMS) in Accra.

The security system, called Virtual Shield, is the most advanced bank-wide security system to be undertaken by a bank in Ghana.

The Virtual Shield allows Bank Managers and security to monitor all operations anytime and anywhere and therefore facilitates the protection of the assets and the safety of employees and customers.

Comments

Popular posts from this blog

Fitch Solutions retains 2025 growth rate projection at 4.2%

 Fitch Solutions has reaffirmed its projection that Ghana’s economy will expand by 4.2% in 2025. This estimate slightly exceeds the International Monetary Fund’s forecast of 4% and the World Bank’s projection of 3.9%. The UK-based research firm attributes its outlook to historically high gold prices, which are expected to cushion the Ghanaian economy against a global slowdown triggered by rising tariffs. Higher gold prices are anticipated to strengthen government revenue, enhance foreign exchange earnings, and help sustain currency stability. The report also highlights that Ghana is relatively less vulnerable to increasing trade restrictions from the United States, given that its primary exports—gold and crude oil—are not directly affected by the tariffs introduced by President Trump’s administration. Moreover, the US constitutes only about 4% to 5% of Ghana’s total exports. In contrast, Ghana’s trade relations are more heavily oriented toward China and European countries, particul...

BoG injects $20m into FX market to support 11 BDCs

  The Bank of Ghana (BoG) has injected $20 million into the foreign exchange market in the latest round of its forward FX auction targeted at Bulk Oil Distribution Companies (BDCs). The intervention, which benefited eleven BDCs, is part of the central bank’s broader strategy to stabilise the cedi and ensure price stability in the petroleum downstream sector. Held on Tuesday, April 29, the auction was priced at a locked exchange rate of GHS 14.28 to the US dollar, with bid offers ranging from GHS 13.85 to GHS 15.55. This move reflects the BoG’s continued effort to deepen forex liquidity and safeguard the domestic fuel supply chain against volatility in global energy markets. By directly supplying FX to BDCs, the central bank seeks to ease pressure on the interbank market, guarantee the uninterrupted flow of petroleum products, and mitigate the pass-through effects of exchange rate fluctuations on fuel prices. The $20 million disbursement forms part of a $120 million programme for th...

Kenpong Travel & Tours Champions Breast Cancer Awareness During Customer Week

  As part of activities to mark Customer Week, Kenpong Travel & Tours, a leading travel agency in Ghana, is joining the global fight against breast cancer. October is Breast Cancer Awareness Month, and the company is passionate about spreading hope and support to those affected. At Kenpong Travel & Tours, we believe that travel and exploration can be therapeutic and empowering. That's why we're committed to supporting our customers and the broader community in the fight against breast cancer. We're proud to stand in solidarity with breast cancer warriors and survivors. At Kenpong Travel & Tours, we believe that everyone deserves a chance to explore the world and create unforgettable memories. Let's prioritize health, support one another, and fight against breast cancer," said Kennedy Agyapong, CEO of Kenpong Travel & Tours. Our efforts are focused on raising awareness, promoting early detection, and supporting those affected by breast cancer. We urg...