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GHL Bank eyes top 5 banks’ slot by 2020

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GHL Bank has stressed that its strategy will dwell on providing competitive banking services to meet clients’ needs.

The former mortgage company is seeking to assume a slot among the top 5 banks within the next five years.

GHL bank becomes the 35th bank in Ghana.

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The Board Chairman for GHL Bank, Albert Essien gave the assurances at the inauguration of the bank on Wednesday, December 6, 2017.

“There is a lot of opportunity in the property financing in our country and these should be good times for those who will seize the chances being offered by GHL Bank. This is the time to meet the needs of our clients, satisfy the requirements of our regulators and contribute to the needs of Ghana with robust strategies and actions.”

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“We intend to stay relevant in the industry and build the right partnerships that will foster growth in the banking and housing industries… I am personally very excited to be part of the transformation and to provide the much needed leadership to take us forward into the future,” he added.

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Meanwhile the Bank of Ghana has announced plans to deepen its supervisory role in protecting banks from risks that may result in their collapse.

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The first Deputy Governor of the central bank, Dr. Maxwell Opoku Afari also appealed for the collaboration of banks in achieving this aim.

By: Pius Amihere Eduku/citibusinessnews.com/Ghana

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