Bank of Africa-Ghana to be established

Accra, Sept. 26, GNA - The management of Bank of Africa (BOA) Group, an international financial company renowned for its commitment to community banking across Africa, would establish a branch in Ghana soon.

BOA West Africa SA has entered into an agreement with Amalgamated bank and acquired majority of its shareholdings.

A statement copied to Ghana News Agency in Accra on Monday said the official launch had been scheduled for Thursday, September 29, at the Movenpick Hotel.

It said on the theme, “A New Milestone, A Better Partnership”, the event would unveil the newly rebranded Bank of Africa–Ghana and gave a recount of what the Ghanaian community should expect from the Pan-African bank.

The statement said it would introduce the BOA group to Ghanaians not as the typecast 'new bank', but as a reformed and evolved structure operating with international credibility and hoping to make a difference in the community.

Mr Kobby Andah, Managing Director of BOA-Ghana, said “BOA brings to Ghana its internationally renowned commitment to the development of every society it reaches”.

“We are here to improve upon the existing offerings of Amalbank and to be a pacesetter in banking and to be an exemplary archetype for our competitors.”

Founded in Bamako, Mali in 1982, The Bank of Africa Group is a privately owned, multinational financial service provider that has consistently impacted several African nations with Ghana being the 15th addition.

Their aim of explicitly defining community banking in every endeavour is one that from record will be fulfilled in Ghana. Their value of establishing personal ties with their clients and enriching their lives through various community projects has impacted many Africans in the 15 countries within which the bank operates.

GNA