Tuesday, 8 October 2013
Republic Bank acquires more shares in Ghana bank
Posted on 13:12 by kumar
Dated: 1/10/2013
Republic Bank says it now controls 40 per cent of the HFC Bank Ghana, after acquiring an additional 7.98 per cent shareholding in the financial institution. In a statement, the Trinidad-based bank said that it purchased 23,638,340 ordinary shares at a price of GHS 0.67 (US$0.31) per share, making it the single largest shareholder in HFC Bank Ghana.
Republic Bank earlier held
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