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Energy Bank Ghana opens new branch at Spintex

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Energy Bank
Energy Bank

Energy Bank Ghana Limited on Thursday officially opened its Spintex Branch at Takyi Plaza, near Papaye, bringing its total branch network across the country to seven, after launching its operations in the country two years ago.

The branch aims at meeting the universal banking needs of the many established businesses and individuals within the vicinity of the bank.

Managing Director of Energy Bank Ghana, Sam Ayininuola, said the opening of the new branch was a further demonstration of the Bank’s commitment to meet the needs of diverse clients.

He said the branch in line with its promise of loyalty would leverage technology and electronic banking platforms to meet the expectations of all its customers adding that the Spintex Branch would cater for the private banking, electronic and universal banking needs of clients.

Dr Jimoh Ibrahim, the Chairman the Energy Bank, said the Bank’s focus in the interim was not to make profits, but to offer customers the best banking services available.

“We are interested that the bank grows,” he said, adding that loyalty was a hallmark of enduring leadership.

Dr Ibrahim said Energy Bank was posited to be number one bank in Ghana in the next five years, saying three more branches would be opened before the end of this year as a demonstration of its commitment to contributing to the economic development of the country.

He plans were far advanced to allow students from the country’s universities to undertake holiday jobs with the bank to enable them acquire the requisite experience and prepare them for the job market.

Dr Ibrahim urged the bank’s workers to remain committed to their duties in this early stage of the bank’s development saying they would reap the rewards of their loyalty.

In a speech read for him, Mr Millison Narh, Deputy Governor Bank of Ghana, encouraged banks to price their lending in ways that supported economic activity and growth.

He urged Energy Bank to develop new products and services using appropriate technology to reduce their marginal costs of operations, and increase its customer base to reap economies of scale.

Mr Narh called on Energy Bank management to constantly review their operations and offer robust and affordable innovative products to survive the country’s advancing financial sector.

Nii Laryea Afotey Agbo, Greater Accra Regional Minister, appealed to the bank to seek ways to  support entrepreneurs in agricultural production.

The Energy Bank Ghana Limited, owned largely by the NICON and Global Fleet, of Nigeria, has a shareholders’ fund in excess of GH¢60 million. It started operations in Ghana in August 2011 as the 27th licensed bank.

Source: GNA

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