First National Bank Ghana launches ‘Build-Up 2022’
The leading home loans provider in Ghana, First National Bank has launched yet another initiative following the success of the 2021 Year Of Home Ownership (YOHO) campaign, which helped many Ghanaians, both home and abroad, get onto the property ladder.
The new initiative, themed Build-Up 2022, is a follow-up to YOHO 2021. This two-part campaign is intended to help many more Ghanaians construct or complete their own homes on one hand, while giving homeowners the opportunity to build wealth off their properties on another hand.
The Executive Head of Home Loan Business, Kojo Addo-Kufuor, explained that at the end of YOHO 2021 campaign the bank realised that there were many Ghanaians who were eager to own a home built at their own pace and according to their tastes. There were others who had already started construction projects but had not been able to complete them for various reasons.
“That is why we are back with Build-Up 2022, to help people to build their own homes or complete what they’ve started. If you own a land with the necessary documentation and have all the plans ready to start off, our home construction home loan is what you need to bring the plan and drawing to life,” says Mr. Addo-Kufuor.
“If you’ve started constructing your dream home but halted it for some time, and you need funding to remodel it because there are new home designs, you can also speak to us to help you with a home completion loan.
The 2021 Population and Housing Census, conducted by the Ghana Statistical Service, indicates that, about 2.1 million housing units, representing 20% of the structures enumerated in the country are uncompleted. With the Build Up 2022 initiative, owners of all such uncompleted properties can complete them in good time with a home loan from First National Bank Ghana.