Republic Bank introduces no limit on residential mortgages; up to 5% interest on loans up to $60M

See full press release issued by Republic Bank Guyana:

Republic Bank (Guyana) Limited is proud to announce a timely and strategic change to its residential mortgage offerings, further reinforcing its commitment to making homeownership more affordable and accessible for all Guyanese families.

In direct response to the Government of Guyana’s transformative housing agenda under the 2026 Budget, Republic Bank is now the only bank offering mortgages up to G$60 million at a highly competitive rate of 5%, with no lending ceiling for residential mortgages.

No ceiling means that there is no limit to the amount customers can borrow for residential mortgages at Republic Bank.

In addition, to our G$60 million at 5% offer, our current Low Cost Mortgage package also features competitive interest rates to help more persons achieve their homeownership dreams:

• 3.50% for amounts up to GYD$9 million
• 4.25% for amounts over GYD$9 million and up to GYD$20 million
• 5% for amounts over GYD$20 million and up to GYD$30 million

These unmatched offerings underscore the Bank’s leadership in the mortgage market and its proactive approach to meeting the evolving needs of customers across all segments.

Additional benefits include:

• Extended repayment terms tailored to your needs
• Monthly amortized payments
• Up to 100% financing

As Guyana’s housing landscape continues to expand, Republic Bank stands ready to deliver strategic, affordable and customer-centred solutions that help more Guyanese achieve their homeownership dreams.

For more information, customers are encouraged to visit their nearest Republic Bank or visit our website at www.republicguyana.com