Business

Absa Bank holds property ownership and investment fair for clients

 Absa Bank has held a day’s Property Owner­ship and Investment Fair for clients looking to make in­formed decisions about property ownership.

 The fair provided a unique opportunity for potential homeowners and investors to gain valuable insights, connect with sector experts, and explore various property-related oppor­tunities.

Speaking at the event, the Deputy Minister of Works and Housing, Mr Abdulai Abanga, indicated the government’s com­mitment to providing affordable housing units for Ghanaians through private sector partner­ships.

“It is in line with this that the government has revised the National Affordable Housing Programme to focus on provid­ing an enabling environment to de-risk affordable housing and to increase private sector investment while optimising affordability for the end users,” he said.

The Executive Director of Retail and Business Banking, Absa Bank, Mr Kobla Nyaletey, expressed his enthusiasm for the event, stating, “We are excited to host the Property Ownership and Investment Fair to empower our customers and investors with the knowledge and resources needed to make informed decisions about property ownership and investment.”

Despite shocks in the econ­omy, Mr Nyaletey made a strong case that the mortgage sector was still very viable for investment opportunities.

He added that Absa’s mortgage loans were the most competitive prices in Ghana available to clients for a 20-year period in the currency of choice.

The Head of Global Markets – Corporate Invest­ment Banking at Absa Bank, Jacob Brobbey, in an insightful presentation, highlighted the investment landscape in Ghana and explained that home own­ership and real estate provide an avenue for liquidity as the value of properties appreciate with time.

The fair also featured an exhibition that had a diverse ar­ray of exhibitors, including real estate developers and property management companies, who showcased their offerings and provided valuable information to the participants.

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