Republic Bank Pays Off Customer’s Mortgage In Full

Georgetown. Guyana, January 13, 2023: Republic Bank (Guyana) Limited is pleased to announce the winners of the Republic Bank Low-Cost Mortgage Campaign 2022. The Bank’s Executives presented the symbolic prizes on January 12, 2023 at Head Office.

Mr. Sian James, client from Camp Street Branch emerged as the grand prize winner and his Low Cost Mortgage facility of just under $15M was fully repaid. Mr. Dwayne Gibson, also a client of Camp Street Branch won the second-place prize of a Samsung stainless steel refrigerator while Mr. Andelle Pierre, client from Diamond Branch won the third-place prize of a Samsung stainless steel stove.

This recently concluded promotion targeted all first-time homeowners that is persons who’ve never owned a home and were seeking financing for purchase or construction up to a maximum value of $15M. The promotion features included 95% financing for all borrowers, and in some cases even full financing, plus a chance to win prizes.

This category of mortgages which is the low-cost maximum, attracts very low rates due to our longstanding partnership with the Government of Guyana to realize the national goal of affordable housing for all Guyanese.

We remain committed to providing financial solutions and helping our fellow Guyanese make homeownership dreams a reality.

In photo: (L-R) Managing Director, Stephen Grell, Manager - Marketing & Communications, Mrs. Jonelle Dummett, Prize Winners – Mr. Dwayne Gibson, Mr. & Mrs. Sian James and Mr. Andelle Pierre, General Manager – Operations, Denise Hobbs and General Manager Credit(ag.) – Sasenarain Jagnanan.