Absa, Seso Global, T.A. Braithwaite to enhance mortgage accessibility

Eligible applicants can access mortgage financing up to GH¢5,000,000. This amount is 80 percent of a property's value. In some cases, it may be more based on income and credit assessments.

Charles Addo, Retail Banking Director at Absa Bank Ghana, stated that they have listened to Ghanaians abroad for years. For many, owning a home in Ghana is a personal goal. However, access and trust issues often create hurdles. This partnership aims to offer mortgages and financial services to support this journey.

To assist clients, Absa Bank Ghana has set up a 24-hour helpdesk. There is a dedicated contact line for diaspora clients to receive prompt assistance.

In addition to mortgages, the bank provides various financial services for overseas customers. These include flexible current and savings accounts and fixed deposit options with competitive rates. They also offer insurance plans for education and funeral needs. Customers can use Absa’s Signature and Infinite cards for global travel benefits.

Kweku Essien, Co-CEO at Seso Global, mentioned their digital property marketplace helps customers find vetted real estate in Ghana easily. The real estate market has grown significantly since the Year of Return as Ghanaians return home to buy properties. This partnership will accelerate growth in Ghana's real estate industry.

Des Braithwaite from T.A. Braithwaite noted that the Ghanaian diaspora thrives in many countries. With political stability, there is interest in purchasing properties for holidays or retirement back home. T.A. Braithwaite offers seamless mortgage origination through the Diaspora Connect App while ensuring compliance with regulations.

The partnership integrates digital listings with secure financing and comprehensive insurance coverage. It supports every stage of the investment process—from selection to purchase and protection—reducing travel needs and fraud risks through verified listings and simplified applications.