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First Atlantic Bank Optimistic Of Economy Prospects

By Masahudu Ankiilu Kunateh/The Chronicle
Economy & Investments L-R John Amakye, Board Member, Mrs. Karen, Board Chairperson, Gabriel Edgal, MDCEO Of The Bank
JUL 29, 2014 LISTEN
(L-R) John Amakye, Board Member, Mrs. Karen, Board Chairperson, Gabriel Edgal, MD/CEO Of The Bank

The Board Chairperson of First Atlantic Bank, Mrs. Karen Akiwumi Tanoh, says the bank's ongoing branch expansion exercise confirms the resilience of the Ghanaian economy.

'Our branch roll-outs is a testimony of our strong belief in the resilience of the Ghanaian economy and its long term prospects,' she stated. Mrs. Akiwumi Tanoh made this known when she joined the management and staff of the bank to unveil an ultra-modern branch at the Airport Residential Area.

The newly-opened branch, which is located opposite the National Service Secretariat, brings the number of the bank's branches to 10 in the country, and forms part of efforts by the bank to bring its products and services closer to customers. This, the Board Chairperson explained, was in line with the discipline of global best practices, and the passion of delivering a refreshingly different banking experience to all.

Mrs. Akiwumi Tanoh stressed that the bank had re-invented itself, in keeping with the increasing demands of its esteemed customers. The Managing Director and Chief Executive Officer (MD/CEO) of First Atlantic Bank, Gabriel Edgal, gave the assurance that the bank would help support the productive sector, especially businesses that generate foreign exchange, to reduce the impact on trade deficits in the country.

The bank is already doing so by forming strategic alliances with partners within the region and internationally to support trade, he noted. 'First Atlantic Bank shall act as a conduit for the inflow of investments, remittances and the required capital into the country, and we are going out there to look for businesses and countries that have surplus, and we will channel it into Ghana, as our contribution to the much-needed capital for development.

'The bank will be dynamic and responsive to the needs of all our customers, and this we will do by providing what we have come to refer to as the Purple Experience, which is a distinctly different service, delivered to you by a team that is extremely passionate with the desire to create value,' Mr. Edgal assured. The Executive Director of First Atlantic Bank, Daniel Addo, reiterated that the bank was in an aggressive expansion mode, and will open a new branch every month till the end of the year.

He, therefore, encouraged those who are not yet customers of First Atlantic Bank, to wake up to the Purple Experience and breathe in the difference. First Atlantic Bank is a full-scale universal bank with about 20 years experience in the Ghanaian market. Originally founded as a merchant bank, First Atlantic Bank has won several awards, recognising its excelling leadership in customer care, trade finance and corporate banking.

L-R John Amakye, Board Member, Mrs. Karen, Board Chairperson, Gabriel Edgal, MDCEO Of The Bank(L-R) John Amakye, Board Member, Mrs. Karen, Board Chairperson, Gabriel Edgal, MD/CEO Of The Bank

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