As part of its silver jubilee celebrations, CAL Bank, an indigenous Ghanaian company, has opened its 25th branch at Labone in Accra.
The move is to offer loyal and would-be customers, residing in and around Labone, banking services close to their doorsteps while reducing the stress in accessing other financial services outside their environs.
Commissioning the facility, Mr. Frank Edu (Jnr.), Managing Director of the bank urged management and staff to be innovative in their transactions to enable the company to stay afloat in the competitive banking sector.
To him, climbing the ladder of success in the industry required hard work and strategic thinking in order to be able to compete fairly.
Mr. Edu (Jnr.) said: “Despite the economic challenges the country is facing, management is optimistic the Labone branch will flourish and offer better banking service, due to its strategic location.”
Nana Yaa T. Harrison-Indome, the Branch Manager announced that CAL Bank had introduced a special ‘One-cedi-a-day Account’ to inculcate the habit of saving in young children and the aged.
Nana Harrison-Indome said the account was targeted at people schooling, working or unemployed “to encourage them to set aside a little they earn for future use, and also, to cut down certain unnecessary expenses we make”.
CAL Bank is a commercial bank in Ghana involved primarily in meeting the banking needs of small, medium and large companies.