{
  "id": 8332063,
  "title": "Why Republic Bank is betting big on mortgages",
  "url": "https://urgent.news/2026/09/18/why-republic-bank-is-betting-big-on-mortgages",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-18T21:20:00.000Z",
  "source": {
    "name": "MyJoyOnline Ghana",
    "slug": "myjoyonline-ghana",
    "url": "https://www.myjoyonline.com/why-republic-bank-is-betting-big-on-mortgages/"
  },
  "original_language": "en",
  "account": "Republic Bank (Ghana) PLC is reinvigorating its mortgage financing strategy to refocus on its original purpose, according to Managing Director Dr Benjamin Dzoboku. The bank, initially established as a mortgage finance institution, has since evolved into a commercial bank. Dr Dzoboku revealed that Republic Bank now holds over 38% of the mortgage market, aiming to increase its share to 40-42% by the end of 2026. This renewed focus aligns with the bank's five-year strategic plan, which positions mortgage financing as a key pillar, connecting homeownership to family security, community stability and long-term wealth creation.\n\nRepublic Bank has partnered with the State Housing Company Limited to provide mortgage financing to SHC customers and other Ghanaians seeking affordable homes. The bank also offers tailored mortgage products, including financing up to 100% of property value for qualifying resident Ghanaians, with terms of up to 20 years. The strategy aims to tackle affordability challenges in Ghana's housing market, which include low household incomes, high borrowing costs, and land-related difficulties. Through initiatives like the Republic Bank JoyNews Habitat Fair, Republic Bank is bringing together housing developers, financial institutions, and prospective homeowners to improve access to housing finance and support homeownership.",
  "summary": "Republic Bank (Ghana) PLC is putting mortgage financing back at the centre of its growth strategy, with Managing Director, Dr Benjamin Dzoboku, saying the move represents a return to the institution’s original purpose.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Joy Business",
        "title": "Why Republic Bank is betting big on mortgages",
        "url": "https://urgent.news/2026/09/18/why-republic-bank-is-betting-big-on-mortgages-8335103",
        "published": "2026-09-18T21:20:00.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}