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Company News of Monday, July 29, 2019
Source: FBNBank Ghana
2019-07-29
CEO, FBNBank, Victor Asante
FBNBank Ghana repositioned to badist Ghana's economic development program – Dr. Adesola Adeduntan
Dr. Adesola Kazeem Adeduntan (FCA), Chief Executive Officer of First Bank of Nigeria Limited and its subsidiaries, revealed that FBNBank Ghana was well capitalized to contribute to the country's economic growth and development agenda. Dr. Adeduntan, who recently made a working visit to Ghana to meet with management and staff of FBNBank, introduced Victor Asante to the position of Executive Director of the Bank and revealed that Ghana remains an essential part of Bank's overall strategy to become an international leader. financial services group in sub-Saharan Africa.
Addressing a wide range of issues related to the Bank's operations and its contribution to the Ghanaian economy, First Bank of Nigeria Limited and CEO of Subsidiaries (the parent bank of FBNBank Ghana) revealed that "the recapitalization of FBNBank Ghana had repositioned the bank to carry out large ticket transactions while the improvement of the single debtor's regulatory limit allowed us to undertake large project financing. "
"We also have a broad limit of risk acceptance and a target market. One of the goals of our group is to do more in the real sector, supporting manufacturing and infrastructure projects with good cash flow potential, "added Dr. Adeduntan.
According to the CEO of First Bank of Nigeria Limited and its subsidiaries, "the Ghanaian economy is big enough to absorb the new equity investment and we are willing to support the government on its evolution as it has an impact on the growth of the economy. GDP, reducing unemployment and, more importantly, developing the real sector of the economy for continued national development. "
Victor Yaw Asante, Managing Director of FBNBank Ghana, said: "It is necessary that the staff of the bank, mostly young, maintain a progressive performance culture that would make the brand FBNBank Ghana a mark of excellence meeting the needs of our valued customers. as FBNBank becomes the preferred bank. "
FBNBank Ghana is one of the banks that has met the new minimum capital requirement of 400 million GH ¢ imposed by the Bank of Ghana. In particular, it strengthened its governance and ensured the availability of a technological infrastructure enabling it to deploy services to meet the needs of its customers.
The bank, which has evolved over the past 125 years, continues to serve the needs of more than 19 million customers in the countries where it operates in sub-Saharan Africa, Europe and Asia. FBNBank Ghana is part of its parent bank, First Bank of Nigeria Limited, which offers a full range of financial services to individuals and businesses. The bank has expanded its channels in the country to facilitate banking management of its customers. These channels include the deployment of a mobile banking application, online banking, the creation of bill payment platforms, the acquisition of VISA and Verve for on-site and off-site vending machines. the bank.
In addition, bank customers can make interbank transfers and mobile money transactions.
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