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18.12.2007 Business & Finance

Ecobank Expands Operations

By Daily Guide
Ecobank Expands Operations

ECOBANK GHANA, over the weekend, commissioned three ultra-modern branches in Accra in a move to consolidate itself as one of the trailblazers in the banking industry.

The new offices, located at the South Industrial Area, near the Agbogbloshie Market; Accra Mall, just close to Tetteh Quarshie Roundabout; and Spintex Road thus brings to 29 the bank's total branch network and a total automated teller machine (ATM) network of 72.

Arnold Ekpe, Group Managing Director, who cut the tape to commission the branches, noted that the bank intends to deepen its operations in the micro finance sector and attract a lot more of the unbanked into its fold.

Rita Aba Tsegah, Marketing Manager, said the bank will be partnered by Axion, a world class micro finance consultancy company, to achieve such an objective.

She told CITY AND BUSINESS GUIDE that by the end of this year, Ecobank Ghana would have opened four more branches in Abrepo, Elubo, Weija and Sunyani, bringing its total network to 33.

On his part, Samuel Ashitey Adjei, Managing Director said his outfit's design of ultra modern offices is meant to provide personal interaction between itself and customers.

“Ultimately, the plan is to allow customers to experience uninterrupted true Ecobank customer service and hospitality.”

Ecobank Ghana, three-time CIG Best Bank award winner, is part of a pan-African banking group with affiliates in 20 other African countries.

Its mission of becoming a world class African banking group has driven it to offer retail products such as current accounts, leases, personal loans, savings accounts, mortgages and car loans among others.

It also provides wholesale and investment banking products such as trade and payment services, foreign exchange deals and syndicated deals.

By Samuel Boadi