UBA partners Credit Union

United Bank for Africa (UBA) has entered into a strategic partnership with the Ghana Education Service Regional Office Cooperative Credit Union (GESRO) targetted at bringing banking service closer to the general public.

The alliance seeks to provide members of GESRO an opportunity to experience the full complement of banking services using UBA’s banking platform.

Members of GESRO credit union will be issued with ATM and e-zwich cards to as well as enjoy all of UBA’s e-Banking products - such as Wise Alert, which allows customers to receive instant notification of transactions on their account via mobile phone to customers, Internet banking and many other services.

These would offer members the opportunity to access their funds in all the UBA branches nationwide.

Mr. Charles Odonkor, Western Regional Director UBA, at the official ceremony in Takoradi said: “The vision of UBA is to democratise banking in the country, whereby customers would have free and easy access to banking services. This was one of the major drives that brought about the strategic alliance between the two financial institutions.

“Five years of operation in Ghana has produced 26 well-functioning branches and the provision of 40 ATMs across Accra, Tema, Kumasi, Takoradi and Aflao.

“UBA is an international Bank with about 1,200 branches worldwide. It is present in 20 African countries and has been in existence for over 50 years. This was created to unite Africans so as to have access to full banking services both in Europe and in Africa,” Mr. Odonkor remarked.

Mr. Kusi Boachie Yiadom, Chief Executive Officer, GESRO, expressed profound gratitude towards the partnership deal, emphasising that it would provide customers an enhanced financial service with real-time transaction. It would also help promote and quicken small business transaction as well as improve business relations.

Mr. Shadrack Kojo Prah, Financial Manager, GESRO, explained that UBA’s stronghold in modern information technology, in driving the country’s financial sector, would enable GESRO to serve its members effectively.

GESRO as a credit union seeks to achieve the objective of providing credit and advisory services to its over-10,000 members. It has branches spread across Tarkwa, Daboase and Agona Nkwantah with two branches located in Takoradi, all in the Western Region.