HFC Bank to List on GSE

The HFC Bank is scheduled to list its holding company on the Ghana Stock Exchange when it gets approval from the Bank of Ghana.

The bank is already listed on the Accra Bourse. The holding company will include HFC Investments, HFC Boafo Microfinance and HFC Realty.

Managing Director, Asare Akuffo said it will hold an Extra Ordinary General Meeting later in the year to get approval from shareholders.

A fortnight ago the Board of the bank approved the establishment of the holding company to acquire its subsidiaries.

Mr. Akuffo stated that the new organization plan will eliminate the risks subsidiaries pose to the bank’s capital.

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