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Republic Bank recommission branch in Bolgatanga to support SMEs

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The Republic Bank has inaugurated a branch in the heart of Bolgatanga of the Upper East Region to strategically provide its services to Small and Medium Enterprises (SMEs) in the fastest growing municipality.

Republic Bank took over from HFC Bank which started its banking services in a small banking hall in the municipality in 2016. But as a matter of importance to adequately meet the demands of its growing customers, the bank has relocated to a refurbished and spacious banking facility in the business town of Bolgatanga. 

The Managing Director of Republic Bank, Farid Antar said the relocation of the bank hopes to meet the bank’s reputation and to properly serve its growing customers which have improved from 2015 to 4000 since it commenced service in the region.

“We are very pleased to be able to move into a very much larger and more comfortable facility for customers and our staff from where we were before was a bit small”, he stated.

Farid Antar – Managing Director of Republic Bank

The MD indicated that the bank intends to add value to its operational areas through job creation and educational support. The Republic Bank that touts itself as being a bank that believes in equity in service delivery has promised to offer banking services to the informal sector through its ‘Boafo’ subsidy.

“Later this month or early next month, we will be launching our new digital platform which will include our mobile banking App which will enhance our accessibility and internal platform. I can assure you that the mobile banking App if not the best, will be one of the best in Ghana. We intend to make credit cards available to all who qualify across the board. We believe in equity that is why our ‘Boafo’ subsidy provides a special to the informal sector which is about 80-85 percent of the economy of Ghana.” 

Overlord of the Talensi Traditional Area, Tongraan Kugbilsong Nanlebegtang commended the managers of the bank for their pledge to help grow businesses in the region. He entreated the bank to offer better rates and lower fees for customers while meeting the needs of the communities.

On behalf of traditional authorities in the region, Tongraan pledged unflinching support to managers of the bank in their operation.

The Upper East Regional Minister, Stephen Yakubu called on the management of the bank to consider expanding its services to other parts of the region to offer jobs to the teeming unemployed youth. The minister reminded the leaders of the bank about their corporate social responsibilities to the region.

Source:|101.1Mhz|Joshua Asaah

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