Ecobank opens Tema branch

Ecobank has opened its Tema main branch to deliver world-class banking services to its loyal clients in Tema and its metropolis.

The multi-purpose building is designed to house the main branch office of the Bank, Head Office Departments, and a Training Centre that will deliver quality training for developing the human resource capacity of the Bank.

Mr. Samuel Ashitey Adjei, Managing Director of Ecobank Ghana, said the purpose of the ultra-modern facility is to serve the needs of its numerous customers in the banking sector in Ghana and the entire sub-region to facilitate trade.

“With Ghana serving as the gateway to most landlocked countries engaged in intra and extra African trade, we all know the strategic importance of Tema and Takoradi in the development of international trade” he said.

Mr. Adjei intimated that the strategic importance of the two port cities in the economic development of Ghana has culminated in the extension of the Bank’s operation to Takoradi and Tema in July 1997 and October 1998 respectively.

Ecobank Ghana, according to the Managing Director, remains a strategic partner in the economic development of Ghana. This, he said, has made the Bank “proactive in the banking industry, with innovative financial products and services to serve the growing needs of individuals and businesses.”

The Tema main branch remains one of the key branches of the Bank, serving clients in the manufacturing and marine, as well as the export and import, segments of the country.

Mr. Adjei also reiterated the need for relocation of the Trade Services Department of the Bank to the Tema main office building, so as to ensure proximity to those in the trade business.

Mr. Fifi Kwetey, Deputy Minister of Finance and Economic Planning, who represented the sector Minister Dr. Kwabena Duffuor in commissioning the facility, said external shocks do have adverse implications on the nation’s economy, but added that the adoption of sound domestic policy has helped arrest inflation.

He lauded the significant role Ecobank Ghana plays in financing the importation of crude oil into the country. He also urged banks to increase capacity for participating in the oil and gas industry, since it holds great prospects for economic development.

The Bank since 2004 has increased its branch network in Ghana from seven to 51 currently, with branches in six additional locations in the Tema metropolis to enhance trade and commerce.