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Economy

Why GT Bank is digging into Ghana

Alhaji Yusif Ibrahim, Board Chairman of GT Bank Ghana, has indicated in clear terms the intention of the international bank to dig deep into the Ghanaian economy. He told a gathering of financial bigwigs in Accra at the launching of the bank’s E-Friday campaign that they are already committed for the long haul, relying on their strategic investments in technology, solid capital base and global banking networks. ‘In Ghana, we started by investing heavily in physical structures to indicate our long-term intentions and plans for the future, and also to localize the GT Bank brand. We acquired and developed our own buildings.’’ Alhaji Yusif explained why the bank is taking the financial sector by storm – they have actually set up their own training school and are turning out fully trained personnel by the scores, 200 to date, from an ongoing rigorous human resource development. The news from the financial sector is heavily lopsided in favour of the Nigerian banks this year, but according to the chairman, GT’s strong and enviable capital base, and its heavy investment in technology, the profile of the bank looks set to look up.

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DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.