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in Finance

Ecobank Ghana Collaborates With HDG Homes Limited To Finance Mortgages

Maynard Championby Maynard Champion
June 23, 2023
Reading Time: 3 mins read
Ecobank Ghana Collaborates With HDG Homes Limited To Finance Mortgages

Dr. Edward Botchway, Executive Director and Head of Consumer Banking at Ecobank Ghana

Ecobank Ghana PLC has signed a partnership agreement with HDG Homes Limited to, among others, provide mortgage financing to support clients who want to purchase landed properties developed by HDG Homes or its subsidiaries.

Stephen Owusu, the founder and CEO of HDG Homes Limited, speaking at the signing ceremony announced the company’s excitement to form a corporation with Ecobank on Kensington Heights – first development in Airport City Kumasi.

“The Kensington Heights is a two-tower apartment block with a rooftop pool and lounge overlooking the Kumasi international airport.”

Stephen Owusu

The CEO further noted that “The remarkable growth and development of Airport City, Kumasi, marks an exciting chapter in the region’s urban landscape. As the ecosystem of Airport City continues to flourish, we are committed to fostering sustainable and inclusive progress.”

“With our unwavering dedication to creating a modern community that prioritises convenience, luxury living, wellness, and innovation, Airport City, Kumasi, will become a sought-after destination for residents, businesses, and visitors alike.

“We look forward to a continued success of this partnership and dynamic ecosystem, as we strive to exceed expectations, unlock opportunities, and shape the future of urban living in Ghana.” 

Stephen Owusu

According to Dr. Edward Botchway, Executive Director and Head of Consumer Banking at Ecobank Ghana, this partnership will ensures that the bank offers even more opportunities to its clients.

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“For some people, it will be an investment opportunity, and for others, it will be a residential property. We continue to offer more value to our clients and on a consistent basis bring interesting and exciting products and services to our clients. Indeed, it is a great time to bank with Ecobank.”

Dr. Edward Botchway,

According to Dr. Botchway, the bank is ready to offer greater percentage of financing for a beneficiary’s HDG Homes property choice, adding that the package forms part of Ecobank’s Home Mortgage programme which unlocks homeownership.

Present at the ceremony were senior officials of both Ecobank Ghana and HDG Homes.

Mortgages
Mortgages

Airport City Development Project

The Ghc300 million development project Airport City Kumasi, located on a 55-acre premium piece of land in Kumasi, is being spearheaded by HDG Homes.

The Airport City Kumasi project represents a pioneering endeavour on the African continent, offering customers a diverse range of residential options, including suites, apartments, penthouses, and townhouses, catering to the preferences and lifestyles of clients.

Airport City Kumasi
Airport City, Kumasi

The estate will also include a wide range of amenities and facilities, including shopping malls to provide a lively experience for consumers, a designated financial district, multi-story parking for residents and guests, a cutting-edge event center, well-equipped office spaces, luxury hotels, tranquil parks, a school, and a hospital to provide healthcare services.

With the opening of the international airport in Kumasi, and with direct flights to and from various international airports, Airport City Kumasi will be an obvious destination of choice in Ghana. 

With its location in the middle belt of Ghana, Airport City Kumasi will be a hub for transnational and intra-country travel. 

Read also: Provisional Real GDP in Volume Terms Increases By 4.2% in First Quarter– GSS


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Tags: Airport City KumasiDr. Edward BotchwayEcobank Ghana PLCHDG Homes LimitedStephen Owusu
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