Business News of Monday, 20 January 2020
Source: thebftonline.com
2020-01-20
Farid Antar, MD, Republic Bank
Republic Bank Ghana, a subsidiary of the Republic Financial Holdings Limited, has been awarded the Oil and Gas Financial Service Provider of the Year 2019 title at the Ghana Oil and Gas Awards, held at the Movenpick Hotel in December 2019.
The award is in recognition of the bank’s support to the Oil and Gas Industry in terms of Financing, CSR and Local Content contribution in 2019.
Recognising the award given to the bank Managing Director of the Republic Bank – Mr. Farid Antar, praised the Corporate Banking Department and other related departments involved in the Oil and Gas engagement within the bank contribution.
According to the Managing Director, the award is a testament to the significant strides Republic Bank continues making in positioning itself as the bank of choice for the Energy and Extractive sector in Ghana.
“Over the last five years since Republic Bank took a majority stake in this bank, we have been consistent in our support toward the Energy and Extractive Sector. This consistency is shown in our increased exposure to the Industry and related accolades received over the last five years.” Mr. Antar also added that Republic Bank Ghana is also blessed with rich skills and expertise from its parent company, Republic Financial Holdings Limited – whch has been a stronghold of Trinidad and Tobago’s oil and gas industry over the last 100 years.
Mr. Rodney Saint Acquaye, Head of Corporate Banking-Republic Bank, has assured Customers and Partners of the bank’s continued support toward the Energy and Extractive sector of Ghana.
In 2017, Republic Bank – then HFC Bank – was recognised as the Oil and Gas Financial Institution of the Year by the Offshore Ghana Magazine, Ghana’s leading Oil and Gas Magazine. In 2019, Republic Bank Ghana was also recognised by the Sekondi-Takoradi Chamber of Commerce and Industry (STCCI) for its partnership and contributions toward the Extractive Sector.
The Ghana Oil and Gas Awards (GOGA) brings together players in the Oil and Gas Industry. The Awards recognise achievements from local and international companies involved in the Ghana Oil and Gas Sector which have played a defining role in moving the industry forward.