Energy Bank says its strategic focus for this year is to deepen relationships with commercial, retail particularly the SME sector and consumer banking customers.
This will be done through new product offerings targeted at their peculiar financial needs, as well as advisory support services support.
According to her, Energy Bank will play a major role in the expansion of banking services to reach the under-banked, while supporting financial inclusion across the country by bringing its services closer to the public.
Speaking at the relocation of the Takoradi Branch of the bank from Farouk Building to Takoradi Market Circle, Managing Director and Chief Executive Officer of the branch, Christiana Olaoye said the policy of the bank is to grow its retail and commercial banking strongly in order to become the engine of the bank.
For example, she said “we have commenced export workshops for SMEs offering financial and business advisory support to help their businesses grow. We plan to do more of such workshops this year targeted at entrepreneurs and small businesses, helping them to build their businesses, increase their savings, and preserve wealth for the future.”
She added that “the relocation of the branch to Takoradi Market Circle is not simply to be where others are. Rather, the strategic repositioning of the branch is to bring us closer to our consumer and retail target markets, enabling the customers transact business with ease in a more accessible location, fitted with state-of-the-art facilities and technology.”
She explained that Takoradi will continue to be vital to the growth of the branch, adding, the Market Circle branch will continue to offer Energy Bank’s full range of banking products and services including savings and current accounts, electronic banking, card services, domestic and international money transfers, bill payment services, and mobile money services.
Executive Director of the Bank, Isaac Shedowo for his part said Energy Bank is bringing banking closer to the doorsteps of Ghanaians; indeed we are offering comprehensive products as well as fast and timely services, delighting our customers in a unique style. “We are actually one of the best players in trade or transfers and treasury transactions”, he added.
Regional Chairman of the Ghana National Chamber of Commerce, Stephane Miezan appealed to banks to reduce their cost of borrowing and access to credit to enable businesses borrow easily and expand their operations.
Energy Bank presently has 11 branches and one agency in four regions of Ghana. It plans expanding its footprint this year and the future.