Absa Group affirms commitment to enterprise development of SME's in Ghana

Group Chief Executive of Absa Group has affirmed his outfit’s intention in expanding on programmes that will ensure the enterprise development of Small and Medium Enterprises (SME's) in Ghana.

According to Mr. Daniel Mminele, Absa Group will focus on providing emerging SME’s with access to finance, products, services, and business opportunities.

“We will also continue to be a responsible corporate citizen, and Absa Bank Ghana, as a member of the Absa family, will give effect to our ambition to be a force for good in the societies we operate in, by continuing and expanding on programmes such as enterprise development. Our enterprise development programmes focus on providing emerging, small and medium enterprises (SMEs) with access to finance, products, services, and business opportunities. We will provide entrepreneurs with training, business development support, and access to markets. Last year 1, 100 entrepreneurs were assisted in either one or all of the ways I just mentioned,” Mr. Daniel Mminele said this at the launch of Absa Ghana Limited on Monday, February 10 in Accra.

“We are proud of our long and rich history in Ghana. Our strategic initiatives will continue to contribute to unlocking the country’s potential by supporting and investing in crucial developmental sectors in the national economy, such as trade, industry, agri-business, energy, and by supporting small-to-medium enterprises. As the Absa Group, we are encouraged by Ghana’s efforts to improve the investment climate, as already demonstrated its ability to commit to a solid reform agenda, and remain positive about Ghana’s economic potential and the country’s role in Africa’s future,” he added.

Mrs. Abena Osei-Poku, Managing Director of Absa Bank Ghana Limited in her remarks said the switch to Absa will not cause any change in customers account details and the bank’s branches will continue to operate as usual.

“Barclays branded cards will continue to work as normal until their date of expiry and customers can also continue to use their Barclays chequebooks until 10 August 2020, after which only cheques drawn on an Absa chequebook will be accepted,” she explained.

“As one of Africa’s top three largest banks, backed by a large capital base and balance sheet, we will continue to play a leading role in Ghana’s development agenda while we remain focused on serving Ghanaians with quality ground breaking financial services and safe investments for their hard-earned money,” she added.