The Managing Director of Republic Bank (Ghana) PLC, Dr Benjamin Dzoboku, has stated that the bank’s core mandate is to contribute meaningfully to Ghana’s economic development by prioritising lending to individuals and businesses, rather than focusing on government-backed investments, as many of its competitors do.
Speaking on the Joy FM Super Morning Show today, 26 June, Dr Dzoboku highlighted how Republic Bank’s strategy sets it apart from other financial institutions, many of which concentrate largely on government-backed investments.
He explained, “If you look at our financials compared to other competitors, theirs is mainly focused on government investment. However, if you examine Republic Bank’s portfolio, you will realise that we are more into loans than investments.”
The Managing Director noted that this loan-focused strategy is intentional, reflecting the bank’s commitment to economic development and real community impact.
“We are more into loans than investments because our core objective is to help the economy grow. At Republic Bank, we believe that wherever we find ourselves, the community must benefit.”
He added that the bank’s philosophy, known as ‘The Power to Make a Difference in the universe’, reflects its dedication to making tangible contributions to national growth.
“We want to make that power a reality for our beloved country and, by extension, the people of Ghana,” Dr Dzoboku said.
Dr Dzoboku affirmed that the bank remains hopeful about the future and is committed to continuing its support for Ghanaians through accessible, reasonably priced loan products that foster inclusive growth.
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
