B&FT, Stanbic Bank to forge stronger partnership

Chief Executive Officer (CEO) Dr. Godwin Acquaye, and Chief Executive-Stanbic Bank, Kwamina K. Asomaning in a handshake

The Business and Financial Times (B&FT) and Stanbic Bank have affirmed their commitment to deepening and strengthening existing cooperation between them, in a move set to amplify their impact across Africa’s financial landscape.

Renowned for their respective expertise in providing unrivalled business information and banking services, the two entities have set their sights on an intensified partnership aimed at driving innovation and fostering economic growth.

B&FT, the leading business information provider across the continent, brings a wealth of insight and knowledge to the table, while Stanbic Bank, with its established footprint and extensive reach in the banking sector and experience, possesses a robust platform for financial services.

The move to deepen and strengthen collaboration was revealed during a courtesy visit by the management of B&FT led by its Chief Executive Officer (CEO), Dr. Godwin Acquaye, to Chief Executive-Stanbic Bank, Kwamina K. Asomaning, in Accra.

Chief Executive-Stanbic Bank, Kwamina K. Asomaning, during discussions with Dr. Godwin Acquaye and the B&FT delegation

This shared vision is expected to revolve around expanding access to critical financial information, providing tailored banking solutions and fostering an environment conducive to economic advancement. It is further expected to leverage their combined strengths to better serve the evolving needs of businesses and consumers in Africa.

Speaking on this during the visit, Dr. Acquaye said the partnership aligns with B&FT’s commitment to delivering unparalleled business information – and that by joining forces with Stanbic Bank, the paper aims to empower businesses with tools necessary to thrive in today’s dynamic market.

“This year, we all know, is a very difficult year. The banks have done well bouncing back. I don’t know how high you have bounced back, but we can see things stabilising. And within these difficult moments, we had good support from Stanbic Bank in two of our major events: the Money Summit and Ghana Economic Forum. So, we are here to say ‘thank you’,” Dr Acquaye said.

He added: “You were one of the institutions or banks that really supported us. We are here to especially thank you because we value your support and partnership so much. It is not just last year or this year that we have been close to Stanbic Bank, we go way back and we have done great things together in the past – and we look forward to more”.

Dr. Godwin Acquaye and Kwamina K. Asomaning in a group photo with staff of B&FT and Stanbic Bank

Stanbic Bank echoed similar sentiments, affirming its dedication to fostering financial inclusion and providing innovative banking solutions.

Mr. Asomaning remarked that through deepened collaboration with the paper, the bank can enhance its ability to support businesses and individuals in achieving their financial goals.

The year 2024 holds promise as these industry leaders pool their resources, knowledge and networks, aiming to pioneer initiatives that will shape the country’s financial landscape. As they embark on this joint venture, B&FT and Stanbic Bank are poised to redefine standards, set new benchmarks and steer Ghana toward greater economic prosperity.

Management staff of B&FT who accompanied the CEO were Rhoda Mensah-Ankrah, Head-Human Resources; and Francis Botchwey-Dadzie, Head-Finance.

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