
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
-
GH¢308,000 in alleged theft case not stolen from DVLA — Authority clarifies
32 minutes -
Trafficked at 7, rescued at 17 — Survivor Godson Glawu calls for sustained child protection funding
1 hour -
COCOBOD misses June deadline to clear GH¢6bn cocoa arrears, leaves GH¢3.4bn unpaid
1 hour -
Eight officers interdicted as police investigate deadly Sayerano shooting
1 hour -
Over 3 million pupils in 13 regions learn under trees and temporary shelters – A-G’s report
1 hour -
102 illegal border routes identified in Volta Region alone — Interior Minister
1 hour -
Ghana Medical Trust Fund, TTH inspect progress of work at Tamale Cardiology Centre
2 hours -
Let Love Lead NGO supports flood victims, calls for preventive action against future flood disasters
2 hours -
Ghana cedi outlook improves as PwC projects medium term stability
2 hours -
IJM identifies sustainable funding, partnerships and data as key to combating child trafficking
3 hours -
IJM cites 50–85% drop in trafficking, violence in countries with sustained justice investment
3 hours -
Bankers expect Central Bank to hold benchmark rate
3 hours -
Muntaka reveals suspected insider involvement in Ghana-Australia meth-trafficking case
3 hours -
Ghana-South Africa tensions: ‘Use diplomacy, not social media exchanges’ – Asafo-Adjei
3 hours -
South Africa risks export decline, job losses if African partners turn away — Prof Peprah
3 hours