Access Bank Inaugurates Ghana Subsidiary

In line with its global expansion initiative, Access Bank Plc has opened a subsidiary in Ghana after an approval by the Bank of Ghana (BOG) and the bank’s fulfillment of all regulatory requirements under the banking act of Ghana.
A statement by the bank said the development affirms the bank’s commitment to the socio economic development of the continent through intelligent expansion across the regions and its resolve to redefine the financial services operations in Africa.
In his address, John Mahama, vice president, Republic of Ghana expressed satisfaction at the coming of the bank to Ghana and its intention to partner with the government and people in the realization of the developmental objectives of the country.
He added that the socio - economic climate in Ghana is conducive for business and assured the bank that the government will continue to make the country attractive to investors through implementation of economic friendly policies and people oriented programmes.
Daniel Akaba, country managing director, Access Bank (Ghana) Ltd said the bank coming to do business  in Ghana will bring innovation in the country’s banking industry.
“Our coming to Ghana signals the beginning of a new era in the annals of banking in Ghana because of the acknowledged reputation of the Access Bank Group in innovation and service excellence. We are poised to deliver world class financial services by leveraging the Group’s robust and time - tested technological platform, which has been acclaimed to be one of the best in the world,” Akaba said.
Dignitaries present at the inauguration included  Kwabena Duffour, minister of finance and economic planning, Paul Acquah, governor, Bank of Ghana, Musiliu Obanikoro, Nigerian ambassador to Ghana, chief executives of financial institutions and the Ghanaian business community.