This collaboration aligns with the shared commitment of both institutions to advancing national development by delivering affordable, sustainable housing and inclusive financial solutions that promote economic empowerment. The initiative will support prospective homeowners seeking to acquire properties developed by SHC, one of Ghana’s leading public housing developers.

Affordable housing remains a major developmental priority, with many workers constrained by limited access to long-term, competitively priced mortgage facilities. Through this partnership, Ecobank Ghana will leverage its strong balance sheet, nationwide branch network and mortgage financing expertise to provide accessible options that make homeownership more attainable.

Under the agreement, Ecobank Ghana will offer mortgage loans of up to USD 500,000 (cedi equivalent) with repayment tenors of up to 20 years. The extended tenor is designed to ease monthly repayment burdens and support long-term homeownership planning. The mortgage solutions will primarily target public sector workers purchasing SHC properties, along with salary account holders whose earnings are domiciled with Ecobank.

Commenting on the partnership, Ecobank’s Tara Squire, Executive Director and Regional Head for Consumer Banking, said: “This partnership with State Housing Company reflects Ecobank Ghana’s commitment to supporting national development priorities through practical, customer-focused financial solutions. By providing competitive, long-term mortgage financing, we are enabling more Ghanaian workers to take a critical step toward homeownership, financial stability and intergenerational wealth creation.”

On his part, the Deputy Managing Director of State Housing Company Limited, Mr. Samuel Atukwei Quaye Esq., stated that: “Financing is one of the biggest barriers preventing many Ghanaians from owning homes and we know, that the housing deficit in Ghana today is about two million. As a company, one of our key responsibilities is to find solutions to this challenge and that is what has prompted this partnership with Ecobank, to kickstart a relationship that will help us meet our shared objective of reducing the housing deficit in the country” he stated.

The signing ceremony brought together key stakeholders from the housing and financial sectors, members of the media, and senior officials from both Ecobank and SHC.