Republic Bank unveils $60M mortgages at five per cent interest

Republic Bank (Guyana) Limited is now offering residential mortgages up to $60 million at a highly competitive five per cent interest rate, with no lending ceiling, the bank said on Monday.

The bank said the move aims to support homeownership for Guyanese families and aligns with the government’s 2026 housing agenda.

The bank’s lower-tier mortgage packages remain available with rates of 3.50 per cent for loans up to $9 million, 4.25 per cent for loans between $9 million and $20 million, and five per cent for loans from $20 million to $30 million.

All packages feature extended repayment terms, monthly amortised payments, and up to 100 per cent financing. The bank said the offerings strengthen its leadership in the mortgage market while helping more Guyanese achieve homeownership.