Republic Bank (Ghana) PLC (RBGH)

0.50
0.00%
0.00
Thu, 30 Nov 2023

Initially licensed in 1993, HFC Bank (Ghana) Limited evolved into a fully-fledged universal bank in 2003 when the bank was issued with a universal banking license by the Bank of Ghana. HFC Bank (Ghana) limited has an asset size of GHS1.43 billion (June 2015) and currently provides a wide range of universal banking services namely: mortgage banking, commercial banking, investment banking, real estate services, microfinance operations and private equity/venture capital fund management. This makes HFC Bank the most diversified universal banking institution in the Ghanaian banking industry.

  • 1990: Year established
  • 1995: Listed on the Ghana Stock Exchange
  • 2003: Acquired a universal banking license.
  • 2010: A private placement to raise USD30 million was undersubscribed. HFC raised only GHS12.12.43 million.
  • 2012: A private placement to raise GHS50 million was fully subscribed.
  • 2013: Republic Bank acquired up to 40% stake in HFC Bank after purchasing the stakes of Aureos Africa Fund and Union Bank of Nigeria Plc.
  • 2015: Republic Bank acquired 17.25% stake through a mandatory offer to raise its equity stake to 57.11%.
  • 2017: Raised GHS50.56 million in rights issue that was oversubscribed by 1%.
  • 2018: Raised GHS255 million in rights issue that was oversubscribed by 27%.

Only members can view this.

Register For Free Now | Already a Member? Login Here

Full NameShareShare Percent (%)
   
Republic Financial Holdings Ltd566,922,38966.54
Social Security & National Ins. Trust220,379,81025.87
Ghana Union Assurance Co. Ltd42,334,1674.97
Scgn/Ghana International Bank Plc9,221,9681.08
Bullion Securities Limited1,210,3160.14
Std Noms TVL Pty/Heritage Fund Ltd899,9760.11
Capital and Equity Ltd880,4070.10
United Master Trust Provident625,0000.07
Mr. Charles Zwennes317,2730.04
Prestige Capital Limited295,2970.03
HFCN/CDH Balanced Fund Ltd292,7690.03
Dr. D.A.D Boateng257,2880.03
Regimanuel Gray Ltd220,2660.03
Nsia Ghana Limited219,3890.03
Databank Brokerage Ltd200,0000.02
Mr. A Alhasan196,9320.02
Mr. C. Amoako -Atta196,8080.02
Mr. K. Duku193,3510.02
Fanel Ltd165,0000.02
Mr.O. Asafo-Adjei160,0000.02
Total for Top 20 Shareholders845,188,40699.19
Full NameShareShare Percent (%)
   
Republic Financial Holdings Limited250,894,48464.61
SOCIAL SECURITY & NATIONAL INS.TR.77,591,32319.98
GHANA UNION ASSURANCE CO. LTD.42,334,16710.90
SCBN/ Ghana International Bank9,221,9682.37
CAPITAL AND EQUITY LTD.625,0000.16
UNITED MASTER TRUST PROVIDENT401,3000.10
STD NOMS TVL PTY / Heritage Fund Limited3850.10
Databank Brokerage Limited200,0000.05
Mr. C. A. Martinson180,5660.05
Fanel Limited165,0000.05
Mr. Gideon Amenuvor150,0000.05
HFC Equity Trust142,7490.04
Enterprise Group133,4200.03
GES Occupational Pension Scheme126,8000.03
Mr David D.A.D. Boateng126,1130.03
Mr. J. E. Mketsia125,4000.03
Mr. C.A. Bonsu120,0000.03
Mr. O. Asafo-Adjei120,0000.03
GNI/GGFC-Prime Equity112,2000.03
United Smart Provident Fund Scheme102,6540.03
Total for Top 20 Shareholders 383,258.02098.68
Full NameShareShare Percent (%)
   
REPUBLIC BANK LIMITED169,831,10157.10
SOCIAL SECURITY & NATIONAL INS.TR.77,588,79426.09
GHANA UNION ASSURANCE CO. LTD.32,423,55610.90
SCBN/STATE INSURANCE COMPANY9,221,9683.10
MR ASARE AKUFFO1,102,8420.37
CAPITAL AND EQUITY LTD.625,0000.21
UNITED MASTER TRUST PROVIDENT401,3000.13
MR DANIEL OFORI206,2000.07
FANEL LIMITED165,0000.06
MR GIDEON AMENUVOR150,0000.05
STD NOMS TVL PTY/PETRA OPPORTUNITY134,6400.05
ENTERPRISE GROUP LTD133,4200.04
MR CHARLES AGYEMAN BONSU120,0000.04
MR OSEI ASAFO-ADJEI120,0000.04
GNI/GGFC-PRIME EQUITY112,2000.04
MR MOSES M K AFEDO106,0000.04
UNITED SMART PROVIDENT FUND SCHEME102,6540.03
MR CHARLES OFORI-ACQUAH100,7960.03
REGIMANUEL GRAY LTD.100,4000.03
MR CHARLES ASA MARTINSON100,0000.03
Total for Top 20 Shareholders 292,845,87198.46
Full NameShareShare Percent (%)
   
REPUBLIC BANK LIMITED118,831,10157.10
SOCIAL SECURITY & NATIONAL INS. TRUST77,588,79426.09
GHANA UNION ASSURANCE CO. LTD32,423,55610.90
SCBN/STATE INSURANCE COMPANY9,221,9683.10
MR. ASARE AKUFFO1,102,8420.37
CAPITAL AND EQUITY LTD625,0000.21
VANGUARD ASSURANCE COMPANY LTD401,3110.13
MR. DANIEL OFORI206,2000.07
FANEL LIMITED165,0000.06
MR. GIDEON NAMENUVOR150,0000.05
STD NOMS TVL PTY/PETRA OPPORTUNITY134,6400.05
ENTERPRISE GROUP LTD.133,4200.04
MR. CHARLES ASA MARTINSON121,8000.04
MR. OSEI ASAFO-ADJEI120,0000.04
MR. CHARLES AGYEMEN BONSU120,0000.04
UNITED SMART PROVIDENT FUND SCHEME102,6540.03
MR CHARLES OFORI-ACQUAH100,7960.03
REGIMANEL GRAY LTD.100,4000.03
GNI/GGFC-PRIME EQUITY100,2000.03
NSIA GHANA LTD.100,0000.03
Total Top 20 Shareholders292,849,68298.46
Full NameShareShare Percent (%)
   
REPUBLIC BANK LIMITED118,544,36839.94
SOCIAL SECURITY & NATIONAL INS. TRUST77,588,79426.14
GHANA UNION ASSURANCE CO. LTD32,373,55610.91
MR AUGUSTINE KWAME ADDO20,035,0156.75
GHANA COCOA BOARD16,493,9205.56
SCBN/STATE INSURANCE COMPANY9,221,9683.11
SCBN/SSB EATON VANCE TAX-MANAGED3,899,4731.31
YELLOW TIDE LIMITED3,360,5571.13
COCOA BOARD END OF SERVICE1,636,1000.55
SCBN/SSB EATON VANCE STRUCTURED1,235,3260.42
MR. ASARE AKUFFO1,002,8420.34
SCBN/JPMORGAN CHASE ONSHORE 6178C632,3750.21
CAPITAL AND EQUITY LTD625,0000.21
SCBN/CITIBANK LONDON ROBECO AFRIKA501,7000.17
HFC STAFF PROVIDENT FUND484,3200.16
VANGUARD ASSURANCE COMPANY LTD401,3110.14
HFC EQUITY TRUST350,3000.12
STD NOMS TVL PTY/BNYM SANV/EMERGING280,0000.09
MR. MARTINSON CHARLES ASA220,0000.07
MRS. MAMLE TETTEH206,2000.07
Total Top 20 Shareholders289,093,12597.40
Industry

Banking

Auditors

KMPG Chartered Accountants 13 Yiyiwa Drive, Abelenkpe P. O. Box GP 242 Accra

Secretary

Beatrix Ama Amoah (Mrs.) Ebankese No. 35 Sixth Avenue, North Ridge, Accra P.O. Box CT4603 Cantonments, Accra

Registrar

Universal Merchant Bank, Kwame Nkrumah Avenue, Sethi Plaza, Accra.

Solicitors

Lynes Quarshie-Idun Co P. O. GP 2549 Accra

Registered Office

Ebankese No. 35 Sixth Avenue, North Ridge, Accra P.O. Box CT4603 Cantonments, Accra

Subsidiaries

HFC Investments Services Limited. HFC Brokerage Services Limited. HFC Realty Limited. HFC Baofo Microfinance Services Limited. HFC Capital Partners Limited. UG-HFC.