Energy Commercial Bank urged to expand footprints in Ghana

The Nigerian High Commissioner to Ghana, Femi Michael Abinkoye has commended Energy Commercial Bank for the inroads the bank is making in the Ghanaian banking industry.

Energy Commercial Bank, which has rebranded, entered the Ghanaian banking industry under the name Energy Bank, intends to roll out more branches across the country.

Mr Abinkoye said this when he paid a courtesy call on the Managing Director and Chief Executive Officer of Energy Commercial Bank, Christiana Olaoye.

The visit afforded him the opportunity to see at first hand the operations of the bank and also interact with the staff.

The Nigerian High Commissioner to Ghana was accompanied by the Minister Counsellor and Head of Chancery, Mansur Nuhu Bamalli and the Political and Economic Ministers of the High Commission.

Mr Abinkoye entreated the staff to work hard to increase the footprint of the bank across the country.

He entreated the management staff to have positive working relationship with the junior staff, saying that was the mark of a good leader.

“Do not look down on the junior staff of the company because they are the one who will recommend you for higher positions,” he told the Management Staff.

Mr Abinkoye pledged the Nigerian High Commission’s commitment to work hard to put strategies in place to strengthen Nigerian banks in the country.

Ghana and Nigeria, he said, had enjoyed positive bilateral relationship over the past decades, saying “Ghana and Nigeria share common positions in African Union and the United Nations.”

The Chief Executive Officer of Energy Commercial Bank, Olaoye in her remark lauded the Mr Abinkoye for his innovation and vision to strengthen Nigerian businesses in Ghana.

She said, his visit, to the bank indicated his commitment to strengthening the bilateral relationship between Ghana and Nigeria and Nigerian businesses in Ghana.

The Executive Director of Isaac Shedowo in his remark expressed gratitude to the High Commissioner for his visit to the bank.

He said the bank was working hard to raise capital from existing and new investors to shore up the capital of the bank.

Mr Shedowo said, he was, optimistic the bank would meet the new Bank of Ghana Minimum Capital Requirement of GHC400 million in June 2018 before the deadline in December next year.

By Kingsley Asare



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