Letshego Ghana Savings and Loans PLC, a subsidiary of the regional inclusive finance group, Letshego Africa (“Letshego Group”) is embarking on a forward-thinking journey with the launch of its GH₵500 million domestic medium-term note program.
This landmark initiative marks a significant milestone in Letshego's history, underscoring its robust commitment to economic development and financial inclusivity.
The financial program is meticulously designed to offer a diverse spectrum of notes, each tailored to meet the dynamic investment landscape while strictly adhering to Ghana’s regulatory standards. It is a strategic embodiment of Letshego’s forward-thinking character, reinforcing its role as a pivotal force in shaping Ghana's economic future.
In a strategic move to deepen market activities, Letshego is poised to issue the first tranche of GHS 100 million, as disclosed by the company's Chief Executive Officer, Nii Amankra Tetteh. This initial step is part of a broader strategy to strengthen the Ghana Fixed Income Market (GFIM) of the Ghana Stock Exchange (GSE), following the successful expansion of the program from GHS 300 million to GHS 500 million.
“The funds raised from this bond issuance are earmarked to significantly bolster Letshego’s lending offerings, thereby providing vital financial support to individuals and enterprises across the nation. The anticipated enhancement of credit availability at competitive rates is set to empower businesses and contribute to broader economic growth,” Mr. Tetteh noted.
For further information, prospective investors are encouraged to consult their financial advisors for detailed narrative in the Prospectus, which will explain the full scope and potential of this program. The Prospectus is poised to be a proof to Letshego’s unwavering dedication to financial excellence and its commitment to promoting a thriving economic environment.
Letshego Ghana Savings and Loans PLC invites investors to join in this promising venture, which is not merely an investment opportunity but a partnership in driving socio-economic advancement and reinforcing financial stability in Ghana.
Latest Stories
-
Delay in approving new ministers affecting gov’t business – Fatimatu Abubakar
11 mins -
‘We are ready’ – Laryea Kingston
24 mins -
Today’s front pages: Wednesday, May 15, 2024
43 mins -
2024 polls: NDC creating mob mentality across the country, says Richard Ahiagbah
51 mins -
CODEO calls for the sanctioning of individuals arrested for electoral malpractices
1 hour -
Train involved in test run accident will start operations in June – Railways Minister
1 hour -
Boeing may face criminal prosecution over 737 Max crashes, US says
1 hour -
Nigeria suspends cybersecurity levy after public uproar
1 hour -
You can rise to the occasion and make Ghana greater – Nayiri to Bawumia
2 hours -
I was born in a country where people don’t read – Blakk Rasta
2 hours -
Technically there’s nothing wrong with Kodua Fokuo’s appointment, timing is the problem -Agyemang-Duah
2 hours -
Paying to vote is rubbing off the shine of award schemes – Blakk Rasta
2 hours -
Ambulance case: Government failed to cooperate with Big Sea to install supplied accessories – 3rd accused
2 hours -
DBG, Proxtera to make available $100m digital loans to Ghanaian SMEs
2 hours -
Bawumia assures payment of nursing trainee allowance by Thursday
2 hours