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12.05.2010 Business & Finance

EZI Savings expands reach to informal sector

12.05.2010 LISTEN
By Kofi Adu Domfeh

Non-bank financial institution, EZI Savings and Loans Limited is tapping into opportunities in Kumasi's informal economy to grow its deposit base whilst facilitating access to credit for businesses.

The company is bracing up to current competition in the financial services industry to leverage its products and technological advantage for customer satisfaction.

Managing Director, Jonathan Sam, says the focus is to lend a hand to the growth of Small and Medium scale Enterprises (SMEs).

He spoke to Luv Biz Report at the opening of the second branch of EZI savings at the Moro Market, Tafo Nhyiaso in Kumasi. “We believe that very soon we'll be able to increase our deposit base substantially as well as assist those who need loans in this area”, Mr. Sam noted.

He says EZI has introduced innovative solutions in susu collection to safeguard customer funds and ease mobile banking transactions.

Two additional branches are to be established before end of this year.

Story by Kofi Adu Domfeh

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