Skip to main content

HFC launches 3rd homesave promo

HFC bank has launched its third homesave promotion dubbed ‘win three houses in 180 days’ to enable its customers own houses. In the first and second promotions there was only one semi-detached house for each promotion compared to the current one.

The homesave account is a product of the bank that combines investment and savings features into one. It is designed for people who desire to own homes within the shortest possible time at the most affordable and convenient time. The account’s interest rate is higher than the normal savings account.

The managing director of HFC, Asare Akuffo, who launched the promotion, observed that its purpose was geared towards enhancing the savings culture in the country. Adding, “At HFC, we continue to be innovative and creative in our mission to create wealth and a better life for our customers.

"The promotion gives opportunity to all segments of the customer and the public to get involved and reap the benefits of winning a house, save towards owning a home or have a life time saving for meeting future financial obligations" he added.

Both new and existing customers are to deposit a minimum of GHc100 into either HFC Homesave account, Life Starter account or the Student Plus account to qualify for a coupon. The deposits must be kept in the account untouched for six months starting from September this year to February 2011.

Customers stand the chance of winning three-two bedroom houses as first, second and third prizes plus laptops, home theatres among others as consolation prizes.

HFC Bank has championed the provision of home ownership in Ghana for the past two decades. Since its establishment HFC Bank has helped over 7,000 people to own their homes.

In a separate development, Tullow Oil beat Ebankese FC of HFC Bank by a lone goal in a friendly football match last week at the Nicholson Stadium, Burma Camp.

Edmund Agyemang scored the only goal of the match on the half-hour mark to hand his side a famous victory over their counterparts from the financial sector.

Tullow Oil started very well and their early dominance yielded dividends when Agyemang fired them into the lead with a spectacular strike from close range.

With defeat staring, Ebankese FC players organized themselves and took charge of the game with Captain Bennett Abban and Ernest Mensah leading their raids into their opponents.

The match, at the invitation of Tullow Oil, was to encourage friendship and unity amongst staff of the two companies. It also served as a platform to develop business relationship between the two institutions.

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...