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The customers and clients of any financial organisation are the reason it exists. The essence of a bank is partnerships and collaboration. We want to thank you for the confidence and goodwill you have constantly shown to us. With your firm support and dedication, we have transformed our offerings to meet your needs. We have come this far knowing that it takes two to bring possibilities to life. “It’s been an extraordinary two years in Ghana.
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In a glitzy video on social media to celebrate two years in Ghana, Managing Director, Abena Osei-Poku echoed the point of Absa’s relevance in Ghana: Again, the bank’s commitment to the Ghanaian society cannot be underestimated with initiatives like Ready-to-Work, Employee volunteering, Environmental protection and mentorship, forming the crux of its citizenship agenda. Absa was also the leading financier for the first wholly-owned Ghanaian sea vessel – Flat C- which recently received prominence when it commenced operations on the shores of Ghana to support the oil and gas sector.Īt the recent Cocobod loan syndication deal with foreign banks for the burgeoning cocoa sector, Absa was a lead arranger in the structuring and financing of the deal. The new head office is to represent the future of the city and will reflect all the trappings of a modern building with strong compliance to environmental conservation, a net zero agenda and digital innovation. Recently the bank commissioned the construction of a new head office in the heart of the capital city, a demonstration of unvarnished commitment to improve upon its long heritage in Ghana by eventually creating a permanent home here. Its suite of retail products including the contactless cards, prestige and premier banking offerings, mortgage convenience and other structural investments are best in class for the great number of its clients, customers and stakeholders across the country and the sub-region. Its image has become a metaphor for efficiency and convenience in a country that is making its way up from a middle-income state into a more progressive economy. Today, Absa commands a strong place in Ghana’s economic growth through its financing and restructuring of deals in a diversity of sectors including telecommunications, agriculture, mining, energy, public sector, start-ups and many more.
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In just two years of assuming the innate Absa identity from the previous Barclays umbrella, the bank has already outdone itself in pushing the boundaries of innovation and creativity and redefining the modern identity of banking. The bank celebrated two years of association with the Ghanaian economy only two weeks ago, and yet its importance and function lie in more than a century-old transformative story that continues to be told today. In Ghana, no bank can arguably lay claim to these benefits more than Absa Bank Ghana Limited. However, beyond all this, banks are also responsible for other activities – harnessing talents, contributing to socio-economic growth by investing and caring for communities and empowering the youth and women in several initiatives including health and education. Economies prosper and lives are transformed due to their operations. Across the world, the transformation of organizations, infrastructure, international trade and commerce are the reason banks exist.
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Banks enable the activation of everyday life – the buying of goods and services, transactions, investments and savings, setting up businesses and wealth creation. The basic operation of receiving and lending and whatever is in between, are intrinsically crucial for the survival of the global eco-system. For some, it could be a storehouse of wealth a platform for harnessing a diversity of talents and still for others, it could be an empowering tool for businesses and organizations, or simply, a loan house with complex interest rates.īanks are the engines of growth for many global economies. The notion of what a bank is, does and represents, may mean different things to different people. WHAT DOES A BANK STAND FOR? When this question was posed to an assembly of fresh MBA students some two decades ago, the answers were as complex as the question itself.