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Ghana Commercial bank asks government for more business
Takoradi, Sept. 1, Ghanadot/GNA - Mr Lawrence Adu-Mante,
Managing Director, Ghana Commercial Bank (GCB), has appealed
to the government to direct more businesses through GCB to
build capacity that will enhance investment.
“We have ventured in the areas of the country that our
competitors would not and do not want to go and for this
community service, we deserve government’s consideration and
support,” he said.
Mr Adu-Mante was speaking at the commissioning of the
Takoradi main branch of the GCB in Takoradi on Friday.
He noted that the economy has witnessed enormous growth,
adding “recently, the oil-find has thrown to us challenges
as well as opportunities”.
He said one’s survival in these dynamic developments is to
strategise and adopt the right measure to win a greater part
of the business.
He added that GCB has been working diligently to ensure that
it controls the bulk of business, and that this is reflected
in the special products that the bank has been introducing
both electronic and card based.
“Riding on the back of an efficient Information Technology
System, GCB will bring its expertise in oil financing to
bear on businesses in Takoradi and beyond,” he said
Mr Adu-Mante pointed out that with the shifting of business
concerns to the oil region, there is the need for
international banking standards in services and that GCB is
well poised for this.
He assured the people of Takoradi of the bank’s expedite and
excellent services, which can be compared to international
standards.
Dr Anthony Akoto-Osei, the Deputy Minister of Finance and
Economic Planning in a speech read on behalf of Mr Kwadwo
Baah-Wiredu, Minister of Finance and Economic Planning said,
since the discovery of oil in the Western Region, companies
with foresight have started their strategic move to position
themselves for an evolving business opportunities.
He said GCB’s role in the development of the nation and the
economy as a whole was very much appreciated.
He said it is anticipated that within the next two to three
years, Tullow Oil Company would spend close to three billion
Ghana cedis in the region.
“If GCB should get about a third of this, then we will be
doing well,” he added.
The government, he said identifying the importance of the
banking and the finance sector has facilitated the
establishment of the first credit referencing bureau in the
country, to ensure the sustenance of the credit cycle of
banks.
“This will certainly ensure the growth of the banks, and as
such the financial sector,” he said.
Dr Akoto-Osei said in recognition and as a reward for this
social service of venturing where others fear to tread,
government will continue channelling business through GCB.
He urged GCB to re-examine it position of extending branches
outside the country.
Mr E. K. A. Ntreah, the Takoradi Area Manager, GCB,
expressed appreciation to the board of directors and the
management of the banks for the new office.
GNA
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