FNB seeks to improve assistance to SMEs in Ashanti Region


… opens second branch at Kejetia

The First National Bank (FNB) Ghana Limited has opened its second branch at Kejetia in Kumasi, with the objective of assisting Small and Medium Enterprises (SMEs) to thrive in the Ashanti Region.

FNB believes SMEs play a pivotal role to the Ghanaian economy, in either boom- or recession-times, since they are single largest employer-group in any economy.

In this regard, the new branch aims to guide SMEs in Greater Kumasi to formalise their business – by obtaining bank accounts which can be used to verify the normal daily sales of business entities for loan s and overdrafts

FNB intends to educate SMEs on how to keep proper non-cash records for their businesses to thrive. These objectives will ensure growth of the SMEs.

Warren Adams (with mic), head of FNB Ghana Limited, addressing the public at Adum-Kumasi

Addressing media prior to the ceremonial tape-cutting for the new branch at Bendelta Towers, Kejetia, Chief Executive Officer (CEO) of FNB, Warren Adams, told media that the bank’s presence is to extend its mission in the country to other regions aside Accra.

On her part, Head of Retail Banking, Akweley Laryea, told media FNB has started with what was formerly known as the Ghana Home Loan – a mortgage service aimed at providing home-loans for Ghanaians.

According to Ms. Laryea, FNB provides financial assistance for people to buy their properties. In this regard, she noted that since property ownership is one of the most important decisions people make, they give the right kind of guidance and expertise when it comes to the decision of buying a home or a property.

She further assured the people of Kumasi and Ashanti that FNB is increasing its presence, and will offer easy access to mortgage and other services.

Mr. Mark Acheampong, Head of Commercial and Business Banking at FBN, mentioned that the new branch will continue to improve the bank’s assistance to SMEs – since that’s the reason they’re opening the Adum-Kejetia branch.

According to him, they want SMEs to get access to financial support across many aspects, including international trade among others.

This, he continued, will provide service that allows SMEs to engage with their partners outside and within Ghana.


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