GHL Bank has held an intensive two-day summit of all its Real Estate Clubs to train students across the various tertiary institutions in the country on the fundamentals of wealth management within the real estate sector.
The Real Estate Club was established in line with the bank’s commitment to nurture young people in the knowledge of good financial management and the approaches to quality life and future.
This year’s summit brought together over 50 student representatives from its branches in University of Ghana-Legon, University of Professional Studies, Kwame Nkrumah University of Science and Technology, University of Cape Coast, Ashesi University and Ghana Institute of Journalism.
The students were taken through various interactive sessions to equip them with knowledge on the transformation within the business and re-enforced the need to plan and work towards a comfortable future.
In an interview with Richmond Asante, Head of Mortgage Origination, he explained that the Real Estate Club initiative is to break the myths about the difficulties with proper life planning among the youth while empowering them to make the best financial decisions as they grow to responsible comfortable adults.
“It is at this summit that we introduce in very simple terms some of the complexities of real estate and property industry as well as banking and highlight the importance of individual banking and financial management. These are life-long essentials when gotten right at this very early stage of their lives will guarantee bigger, brighter futures,” he said.
Samuel Ntow Affum, the head of Retail Banking at GHL Bank, in his presentation to the students stated that it is possible to start small and live comfortable in future. “With a start-off account of about GHs10 every month, you could be charting your way to acquiring your first property within three to five years”.
Since its establishment, the Real Estate Club has been used to fill the knowledge void by increasing awareness of career developments and investment opportunities in the real estate industry for young people. The representatives from the institutions were given a chance to speak on their expectations on participating in the summit and Real Estate Club in general.
As part of the summit, the students were taken on a tour of the re-modelled head office of GHL bank and then a visit to the estate site of two developers in Accra to familiarize with the estate facilities and its environment.