HFC/Republic Bank reaches out to flood, fire victims

HFC Bank and its parent company, Republic Bank Limited have donated medical supplies worth GH?150,000.00 to three Hospitals to support victims of the June 3 fire and flood disaster in Accra.

A statement issued by Emily Clegg-Lamptey, the Acting Head, Corporate Affairs HFC Bank, a subsidiary of Republic Bank Limited, and copied to the Ghana News Agency on Monday, said the medical supplies were to assist in the care for the injured victims receiving treatment at the facilities.

The beneficiary institutions were the 37 Military Hospitals, which received medical supplies worth GH?60,000.00; the Ridge Hospital with supplies worth GH?40,000.00; and the Burns, Plastic Surgery and Reconstruction Unit of the Korle-Bu Teaching Hospital, receiving GH?50,000.00 worth of medical supplies.

The medical supplies included boxes of blood bags, latex gloves, various gauze and plaster items, medicare equipment and IV Canula among other items.

Presenting the items on behalf of the Banks, Mr Robert Le Hunte, the Acting Managing Director of HFC Bank, said ‘as a direct response to this national tragedy, we share in the pain and loss. We are donating these medical supplies to the respective Hospitals to support health care for the injured victims of the Wednesday June 3 fire and flood disaster in Accra”.

“We hope that this donation helps to make the lives of the affected victims more comfortable. We also commend the great efforts of the medical teams of these hospitals in bringing hope and assurance of a better future,” he added.

Colonel Akwasi Michael Yeboah-Agyapong, the Acting Commanding Officer, 37 Military Hospital, who received the items on behalf of the Hospital, commended HFC Bank and Republic Bank for their humanitarian gesture and said it had come at an opportune time.

At the Ridge Hospital, the Medical Officer in charge, Dr Obeng Apori, expressed the gratitude of the Hospital to HFC Bank and Republic Bank.

He said the donation would go a long way to complement relief efforts in alleviating the pain of victims and bring hope and speedy recovery to victims.

Receiving the items at the Burns Centre of the Korle-Bu Teaching Hospital, the Senior Medical Resident, Dr Kwesi Nsaful expressed delight at the presentation and thanked HFC Bank and Republic Bank for reaching out in these times to the affected victims.

Touched by the condition of the patients, after interacting with some of them at the wards, Mr Le Hunte, who was accompanied by some HFC Bank Senior Executives, promised that the Bank would donate additional items such as fans or air condition units to the Burns Units of the various hospitals to improve ventilation in the wards.

The HFC Bank Ghana Limited is a leading Universal Banking Institution in Ghana and arguably the most diversified financial institution.

As a one-stop financial institution, its services include Commercial Banking, Investment Banking, Mortgage Banking and Micro Finance.

The HFC Bank has been very instrumental in the development of the mortgage industry in Ghana and continues to be the number one home loan provider in the country, with over 30 per cent share of the mortgage industry.

HFC Bank is now a subsidiary of Republic Bank Group one of the largest and most successful independent commercial banks in the English-speaking Caribbean with over 176 years of banking experience.

Republic Bank Limited is one of the largest and most successful independent commercial banks in the English-speaking Caribbean. Republic Bank has served retail-banking customers, corporate clients and governments throughout the region for 176 years.

Today, the Republic Bank Group employs over 4,300 people in 71 branches throughout Trinidad and Tobago, Grenada, Guyana, the Cayman Islands and Barbados.

Republic Bank recently gained majority ownership of HFC Bank, after a successful mandatory tender offer, increasing its shareholding to 57.11 per cent, making HFC Bank, a subsidiary of the Republic Bank Group.

Due to Republic Bank's support of its Caribbean subsidiaries, post-acquisition has resulted in market share growth and increased profitability.