Beige Capital opens East Legon branch

Beige capital, a Ghanaian savings and loans company, is steadily fulfilling its quest to offer banking services to clients in the small and medium enterprises (SME) market in Ghana with the opening of its East Legon, Bawaleshi branch.

Mr. Mike Nyinaku, Chief Executive Officer of Beige Capital, said the company had in the past six years grown into a bank that provides banking services to about 150,000 individual clients in addition to over 5,000 corporate and institutional clients.

The bank also provides direct and continuous employment to about 700 people and forecasts an increase to about 1,000 by the end of 2015.

Speaking to the GNA in an interview, Mr Nyinaku said a major challenge the Beige Capital continued to face was in the area of people where they had to constantly train employees that are hired.

This, he said, was because graduates who come out of school had a different understanding of work productivity.

He called on stakeholders, especially academia, to come with a curricula that would incorporate training from the business community.

Mr Adu Larbi, the Board Chair of Beige Capital, said the new branch was a statement of the company’s business and its direction.

He described the company as a solid and robust institution. “We want to partner small, medium enterprises and interview in the catchment area to help them achieve growth of their easy. We want to build a lasting mutually beneficial relationship. We are keen to offer services and products to meet the needs of the people.”

Beige’s products include savings and current numbers accounts, remittances and local funds, bank guarantees and bulk cash collection.