Audio By Carbonatix
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
-
4 banks including one state bank remain severely undercapitalised – IMF
18 minutes -
Police arrest 28-year-old with 98 parcels of suspected cannabis in Tamale
23 minutes -
Does Goldbod owe BoG US$214m, or has BoG lost US$214m? A policy and financial risk analysis
3 hours -
US Congressman says airstrikes first step to ending killings in Nigeria
3 hours -
Afenyo-Markin urges NPP to move from talk to action after 2024 election loss
3 hours -
Ghana’s 69th Independence Day Concert in UK to be held on March 7 – Sleeky Promotions
3 hours -
BoG’s international reserves could cross $13bn by end of 2025
4 hours -
Afenyo-Markin urges discipline, unity as NPP prepares for 2026 flagbearer primary
4 hours -
Haruna Iddrisu demands tough sanctions for officials implicated in galamsey
5 hours -
‘Opoku-Agyemang is very capable of leading the country’ – Haruna Iddrisu
5 hours -
Precision strikes hit terrorist targets as Nigeria, U.S. strengthen security cooperation
5 hours -
Trade Minister confident of continued gains in 2026
5 hours -
Transport shortages hit Ashaiman during Christmas
5 hours -
BoG says IMF praises Ghana’s macroeconomic gains, gold loss claims speculative
5 hours -
Press Freedom questioned after High Court ruling
5 hours
