HFC Bank Archives - Citi 97.3 FM - Relevant Radio. Always https://citifmonline.com/tag/hfc-bank/ Ghana News | Ghana Politics | Ghana Soccer | Ghana Showbiz Fri, 18 Aug 2017 09:09:06 +0000 en-US hourly 1 https://wordpress.org/?v=6.0.8 https://citifmonline.com/wp-content/uploads/2019/05/cropped-CITI-973-FM-32x32.jpg HFC Bank Archives - Citi 97.3 FM - Relevant Radio. Always https://citifmonline.com/tag/hfc-bank/ 32 32 Business Today: The State of HFC Bank https://citifmonline.com/2017/08/business-today-the-state-of-hfc-bank/ Fri, 18 Aug 2017 09:09:06 +0000 http://citifmonline.com/?p=347234 The post Business Today: The State of HFC Bank appeared first on Citi 97.3 FM - Relevant Radio. Always.

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HFC bank donates to Nsawam female prisons https://citifmonline.com/2017/05/hfc-donates-to-nsawam-female-prisons/ Fri, 26 May 2017 06:10:49 +0000 http://citifmonline.com/?p=322499  HFC Bank Ghana, a member of Republic Financial Holdings Limited (RFHL) of Trinidad and Tobago, marked Mother’s day with a donation to the inmates of the Nsawam Female Prisons last week. The items donated to the facility included sewing machines, a mower, assorted toiletries, text books and food items. The event took place at the […]

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 HFC Bank Ghana, a member of Republic Financial Holdings Limited (RFHL) of Trinidad and Tobago, marked Mother’s day with a donation to the inmates of the Nsawam Female Prisons last week.

The items donated to the facility included sewing machines, a mower, assorted toiletries, text books and food items.

The event took place at the forecourt of the main Female Prison yard at Nsawam in the Eastern Region.

Speaking at the event, the Marketing and Corporate Relations Manager of HFC Bank Ghana, Mrs. Genevieve Aboney indicated that Mother’s day celebration is a major calendar event of the Bank’s Staff Volunteerism Program purposely to support and enrich the experience of the less privileged women in our society.

She added that this year’s focus on female inmates was selected by the staff of the Bank to appreciate Mothers that have been confined.

To the staff, Motherhood is neither temporary nor limited by walls. It is for a lifetime that ought to be celebrated. ‘It is in this light that each staff of HFC Bank Ghana voluntarily contributes to the ‘My Mother, My Joy’ initiative of the Bank, she added.

Mrs. Aboney therefore urged the inmates to make use of the sewing machines to build entrepreneurial skills in fashion. She also urged the Prisons Services to provide other entrepreneurial development programs for the inmates.

Superintendent Esi Gomado, who received the items on behalf of DDP Araba Magnusen, Officer-in-Charge of the facility thanked HFC Bank Ghana for the kind gesture and promised to ensure that the items are put to the beneficial use of all inmates.

The ‘My Mother, My Joy’ project is an annual initiative by the Staff of HFC Bank Ghana through a Volunteerism Program.

Last year, the staff of the Bank reached out to the Head Porters (also known as Kayayei) in major cities in Ghana with assorted items worth over Ten Thousand Ghana Cedis.

Staff Volunteerism Program (SVP) is an initiative introduced by the current Managing Director of the Bank, Mr. Robert Le Hunte to involve staff in community engagement activities.

Notable initiatives funded by HFC Bank staff under the Volunteerism Program were; the renovation of the children’s block of the Tamale SDA Hospital, the building of an ultra-modern pre-school block for the Manchie community in Accra, donation to the Accra Psychiatric Hospital, donation to Prampram Clinic and many more.

HFC Bank Ghana believes in building Successful communities.

By: citifmonline.com/Ghana

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HFC Bank Ghana goes full throttle https://citifmonline.com/2017/04/hfc-bank-ghana-goes-full-throttle/ Sat, 08 Apr 2017 14:03:10 +0000 http://citifmonline.com/?p=309101 HFC Bank Ghana, a subsidiary of Republic Financial Holdings Limited held its maiden staff durbar themed ‘Full Throttle, All Onboard’ at the Event Haven within the Trade Fair Centre. The event brought together staff of the Bank across the country to discuss and align to the strategic direction of the Bank. Speaking at the event, […]

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HFC Bank Ghana, a subsidiary of Republic Financial Holdings Limited held its maiden staff durbar themed ‘Full Throttle, All Onboard’ at the Event Haven within the Trade Fair Centre.

The event brought together staff of the Bank across the country to discuss and align to the strategic direction of the Bank.

Speaking at the event, the Managing Director of the Bank, Mr. Robert Le Hunte expressed his satisfaction with the high turnout of staff at the event.

According to him, recording 95% turnout of total staff strength signifies the relentless commitment of the staff to the Bank’s vision.  He led staff through a discussion of the key strategic pillars for the year 2017 and further touched on the successes of the Bank in 2016 and the areas which needed improvements, as well as the road map to achieving them.

hfc-bank-3

Other speakers included Uncle Ebo Whyte of Roverman Productions and Tom D’Aquanni – a seasoned Change Management coach with several years in mentoring and coaching multilaterals worldwide.  Their inspirational messages touched on the subject of personal contributions which the staff need to make towards the development of the Bank.

The event theme symbolized an airplane that has been fixed and fully ready to take off. The significance of the theme was to show the preparedness of HFC Bank Ghana to grow into a Tier one Bank in Ghana within the shortest possible time.

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It would be recalled that, in 2015, HFC Bank Ghana became a subsidiary of Republic Financial Holdings Limited, the largest English speaking Bank in the Caribbean. Following the acquisition, the Bank went through many structural changes over the last two years including; Culture revitalization, the upgrade of the core IT Infrastructure and Data Centre, restructure of some Departments, introduction of a new branch model as well as the refurbishment of some key branches.

The Bank was recently awarded with the Most Successful Change Management Award by the Institute of Human Resource Management Practitioners, Ghana (IHRMP). The award is in recognition of the successful acquisition of HFC Bank Ghana by Republic Financial Holdings Limited and the various Change Management activities that have taken place under the new Leadership of the Bank.

By: citifmonline.com/Ghana

 

 

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HFC bank wins Most Successful Change Management award https://citifmonline.com/2017/03/hfc-bank-wins-most-successful-change-management-award/ Wed, 29 Mar 2017 11:42:42 +0000 http://citifmonline.com/?p=306093 HFC Bank Ghana, a subsidiary of Republic Financial Holdings Limited, was awarded the Most Successful Change Management Program at the HR Star Awards held at the La Palm Royal Beach Hotel on March 25, 2017. The event was organized by the Institute of Human Resource Management Practitioners (IHRMP). The award is in recognition of the […]

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HFC Bank Ghana, a subsidiary of Republic Financial Holdings Limited, was awarded the Most Successful Change Management Program at the HR Star Awards held at the La Palm Royal Beach Hotel on March 25, 2017.

The event was organized by the Institute of Human Resource Management Practitioners (IHRMP). The award is in recognition of the successful acquisition of HFC Bank Ghana by Republic Financial Holdings Limited and the various Change Management activities that have taken place under the new Leadership of the Bank.

Robert Le Hunte
Robert Le Hunte

Upon his assumption to office as the new Managing Director of HFC Bank Ghana, Mr. Robert Le Hunte’s prime focus was to revitalize the culture of the Bank. His famous quote – ‘Culture eats Strategy for lunch’ translates that, any strategic objective of the Bank must prioritise the revitalization of the culture of the people.

Commenting on the Award, Mr. Robert Le Hunte added that, HFC Bank Ghana adopted an integrated change management plan that touched on all variables which influenced the behaviours, attitude and culture of the organization. In that regard, he was very confident about the success of the change management plan.

Speaking on the future of the Bank, Mr. Le Hunte emphasised that the Bank is on a strong footing with an entrenched performance culture, high employee engagement, improved workplace conditions, improved IT delivery, innovative products and services, an attractive brand, a strong balance sheet owing to being part of the formidable Republic Financial Holdings Limited and most importantly, a strong leadership to grow the Bank into a tier one Bank in Ghana.

Republic Financial Holdings Limited is the largest and most profitable independent Bank in the English-speaking Caribbean, having served the region for over 180 years, and has assets in excess of US$9.92 billion.

HFC Bank Ghana became a subsidiary of the Republic Financial Holdings limited in May 2015. The strategic direction of Republic Financial Holdings Limited is to grow HFC Bank Ghana to become Leading Bank in Africa.

Source: HFC

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HFC Bank to invest about GH¢200 m in cocoa sector https://citifmonline.com/2016/09/hfc-bank-to-invest-about-gh%c2%a2200-m-in-cocoa-sector/ Thu, 22 Sep 2016 17:31:11 +0000 http://citifmonline.com/?p=250726 HFC bank has announced over a hundred percent increase in its investment to Ghana’s cocoa sector as part of efforts to improve production in the sector. According to the bank, it expects to increase its contribution from the 90 million cedis to 198.1 million cedis within the period. The Managing Director of HFC, Robert Le […]

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HFC bank has announced over a hundred percent increase in its investment to Ghana’s cocoa sector as part of efforts to improve production in the sector.

According to the bank, it expects to increase its contribution from the 90 million cedis to 198.1 million cedis within the period.

The Managing Director of HFC, Robert Le Hunte disclosed this at the bank’s maiden consultative summit on the cocoa sector in Kumasi.

“In regards to cocoa, our dominance in the Western region prompted us and we’re looking at deepening our base to the growth of the cocoa industry. We are looking at increasing our financial exposure to that particular industry,” he stated.

The summit brought together officials from the Ghana Cocoa Board, Licensed Buying Companies (LBCs), cocoa farmers as well as companies involved in the production of cocoa to refined products, to discuss issues affecting the sector and devise strategies to address them.

According to Robert Le Hunte, the platform also emanates from the bank’s commitment to “grow beyond just providing financing and look at the holistic development of the industry itself.”

Although issues bordering on illegal mining (galamsey), lack of access to funds, child labour and presence of diseases and pests continue to impede progress in the cocoa sector, Robert Le Hunte was highly hopeful of offering consensus in solving such issues.

Meanwhile the bank intends to increase its support for businesses involved in the production of downstream cocoa sector.

“We are presently giving credit to the cocoa producers, LBCs, we are also helping the cocoa industry by also supporting a number of companies that are engaged in the production of downstream products for the sector.”

“Not only do we realize the contribution of cocoa to Ghana but we also believe that Ghana could significantly benefit from the production at the downstream sector.”

Ghana has however signed a 1.8 billion dollar loan facility for the purchase of cocoa for the 2016/2017 crop season.

Speaking at the signing ceremony in Frankfurt-Germany, the CEO of the Ghana Cocoa Board, Dr. Stephen Kwabena Opuni was confident Ghana could meet its 850,000 to 900,000 metric tonnes target for the 2016/2017.

By: Pius Amihere Eduku/citibusinessnews.com/Ghana

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