Business News of 2014-04-29

First Capital Plus positions for SMEs

First Capital Plus (FCP) Bank is a wholly-owned Ghanaian Bank which has strategically positioned itself to enable it to focus on providing timely and relevant financial solutions to the SME market.
Issued with a Class one Universal Banking Licence to operate as a Universal Bank effective August 13, 2013 following the aftermath of a provisional universal banking licence issued in July, 2012, the bank is being guided by a vision to become the leading provider of banking solutions in Africa.
The bank, which was established on October 29, 2009 as a Savings & Loans Company until it became First Capital Plus Bank in 2013, has hinged its cardinal value of God-centeredness.
As such the bank has devoted what it describes as a sanctuary on the top floor of every branch where daily morning devotions and monthly all-night sessions are held.
The bank believes that apart from the divine blessings that accrue, there are other tangible benefits such as teamwork and cohesion, shaping of individual values, motivation through words of inspiration that all serve to shape staff attitude and energise them towards personal enhancement.
These enhanced attitudes and motivation also make it easy for staff to exhibit the company’s other core values such as integrity and trust, reliability, professionalism, speed and accuracy to maximise efficiency and effectiveness.
Innovation/Sponsorship
Since its inception, First Capital Plus Bank has made gigantic strides. It is the first financial institution to introduce a deposit solution dubbed speed-banking, which makes it possible for customers to deposit cash into their bank accounts anytime, any day, anywhere through their mobile phones without having to visit the banking hall.
In February, 2014 First Capital Plus Bank made history when it became the first bank in Ghana to become the headline sponsor of Ghana’s Premier League when it signed a five-year sponsorship package worth US$10m.
The Minister for Youth and Sports, Elvis Afriyie-Ankrah, hailed FCP Bank for taking the initiative to sponsor the league at a crucial time when the league had been without a sponsor for half a season.
“The decision by First Capital Plus Bank to sponsor the league is a bold one and couldn’t have come at crucial point,” he stated.
Over the years First Capital Plus has also won numerous prestigious awards.
In September, 2013 First Capital Plus was adjudged the non-bank financial institution of the year 2012 by the Chartered Institute of Marketing Ghana for the company’s orientation to marketing & technological innovation, investment in Corporate Social Responsibility and strong financial performance.
Laurels
In October, 2013 it was awarded as the 10th best performing company for the year 2012 and the third fastest growing company at the prestigious Ghana Club 100 (GC100) Awards organised by the Ghana Investment Promotion Centre (GIPC).
First Capital Plus Bank prides itself as being the capital of customer-centric banking solutions with a deep-seated orientation towards impacting society as encapsulated in its positioning statement, “they see customers, we see lives”.
This orientation is evident in its societal impact investment in areas such as sports, ICT, health, disability, rehabilitation, education, medical research, community development and many others.