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Government abandons Housing & Construction Bank plans

Samuel Atta Akyea - Works and Housing Minister

Government has ditched the idea of establishing a Housing Bank which was aimed at reducing the high cost of mortgage in the country. Works and Housing Minister, Samuel Atta Akyea who disclosed this to Citi Business News however says the new plan is to allow the existing banks access to relatively cheaper funds to offer mortgages at affordable rates. The ...

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