Accra, Ghana – December 16, 2025 – Republic Bank (Ghana) PLC has signed a Memorandum of Understanding (MoU) with the State Housing Company Limited (SHC) to provide tailored mortgage financing to SHC customers and Ghanaians seeking quality, affordable homes. This partnership will foster greater access to homeownership and contribute to long-term social stability.
The signing ceremony underscored the mutual benefits of this collaboration, bringing together leaders from both institutions to advance innovative solutions for sustainable housing development. Present for Republic Bank (Ghana) PLC were Dr. Benjamin Dzoboku, Managing Director, Mr. Venus Frith, Chief Operating Officer, Mrs. Oduraa Botchway, Company Secretary, Mr. Joseph Laryea Ashong, General Manager, Commercial and Retail Banking, Mr. Dan Adjetey Mohenu, Head of Mortgage Banking, and other senior executives. Representing State Housing Company Limited were Mr. John Sheriff Bawah, Managing Director, Rita A. Fofie (Esq), Head of Legal, Juliet Emefa Gborglah, Business Development Manager, William Kaletsi, Head, Finance, Akosua Mantebea Incoom, Mortgage Manager, and Christopher Duamroh, Sales Manager.
In his opening remarks, Dr. Benjamin Dzoboku said, “This MoU represents a pivotal moment in our shared mission to bridge Ghana’s housing gap.” “As the longstanding leader in mortgage financing, Republic Bank is proud to leverage our expertise to make homeownership more attainable for families across the country. Mortgage is a key pillar of our five-year strategic plan because we believe it represents security for families, stability for communities and legacy for generations. Through this partnership, we aim to deliver real value and make the dream of homeownership affordable and achievable for all Ghanaians,” he added.
Echoing these sentiments, the Managing Director of State Housing Company Limited, John Sheriff Bawah, expressed profound enthusiasm for the initiative. “This is a long-awaited milestone in our efforts to expand affordable and sustainable housing options for Ghanaians,” stated Mr. Bawah. “By partnering with Republic Bank, we are not only enhancing financing accessibility but also accelerating the delivery of quality homes that will transform communities and build a brighter future for our nation.”
This partnership builds on Republic Bank’s decades-long legacy as Ghana’s premier mortgage provider, having financed thousands of homes for resident Ghanaians and Ghanaians in the diaspora. Through the MoU, the two entities will collaborate on streamlined mortgage processes, innovative financing products, and targeted housing projects, ensuring affordability without compromising on quality or security.