Fidelity Bank Ghana has signed a Memorandum of Understanding (MoU) with six real estate developers to enable customers access mortgage loans.
The agreement will see Fidelity and the real estate developers, including Integral Associates, GHS Housing, Adom City Estates, Priority Homes, Blue Rose Developers and New Oak, collaborate in the mortgage financing sector to make acquiring homes easier.
This follows an earlier agreement signed between the Bank and NTHC Properties, Appolonia Development Company and Trasacco Estate Developers in 2021.
Nana Esi Idun-Arkhurst, Divisional Director, Retail Banking, at the signing, stated that: “Home ownership is an integral part of the Ghanaian dream but the cost of financing a housing project can be prohibitive. Unfortunately, only a few financial institutions in Ghana offer mortgage financing. Read more on…newsghana