‘Republic Bank can’t take over HFC’

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• Yaw kwakye-Yebuah 10 years ago

  Who decides how much to invest. Is it the Directors or Shareholders. HFC Shareholders deserve better. Look at the profits of all these new banks(Nigerian Banks). HFC wake up and yield to superior business acumen.

  Who decides how much to invest. Is it the Directors or Shareholders. HFC Shareholders deserve better. Look at the profits of all these new banks(Nigerian Banks). HFC wake up and yield to superior business acumen.

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• Ajit Babu 10 years ago

  The Republic Bank of T & T is worth over $9 Billion, more than all banks in Ghana combined and more other businesses added, too. A strategic thinker would embrace their takeover bid. For example, each year the Cocoabod goes t ...
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  The Republic Bank of T & T is worth over $9 Billion, more than all banks in Ghana combined and more other businesses added, too. A strategic thinker would embrace their takeover bid. For example, each year the Cocoabod goes to Europe and the USA to borrow $1 or $2 Billion to purchase cocoa beans and pay lots of interest on such syndicated loan. They do so because no bank in Ghana can afford to finance this annual ritual. This is one of the reason's why HFC should let the Republic Bank of T & T come in and possible set the pace for future Cocoabod loan syndication and earn all the interest that comes with. Is the Ghanaian bank manager and shareholders stupid or what?

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• Wiafe 10 years ago

  If RBTT takes over--in the long run Ghanaian borrowers will suffer. For once, we should think about the low income borrowers.
  
  Furthermore, loss of local capital component will lead to decisions that will affect employees ...
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  If RBTT takes over--in the long run Ghanaian borrowers will suffer. For once, we should think about the low income borrowers.
  
  Furthermore, loss of local capital component will lead to decisions that will affect employees and borrowers.
  
  Even in the US, the mortgage sector is backed by government finance through Fannie Mae etc.
  
  It is not a good idea to hand over HFC to a foreign bank. It will be disaster.
  
  From what happened in the 2008 financial collapse--RBTT will cross over into a too-big to fail situation and the Ghanaian taxpayers will be swindled to bail this bank out.

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• Aban 10 years ago

  Think Global. They are shareholders of the bank.

  Think Global. They are shareholders of the bank.

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• sogamy 10 years ago

  Stop chatting shit Ajit don't say wht u don't know wht u're saying is either here nor there. countries like China,India, Isreal and Brazil don't allow foreign companies to own 100% ownership companies in their countries the q ...
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  Stop chatting shit Ajit don't say wht u don't know wht u're saying is either here nor there. countries like China,India, Isreal and Brazil don't allow foreign companies to own 100% ownership companies in their countries the question is why? they don't want foreign investors only to pocket 100% the profit from such a would be vibrant sector like this plus prevent rapid financial muscle which will totally kick out locals investors out of the sector completely such a speed shouldn't be welcome this is obviously will have adverse effects on the country. The best way now is joint venture and partnerships from investors abroad which we all agree the country need than never b4. Kudos to the regulators and shareholders of HFC

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