Audio By Carbonatix
Bond Savings and Loans says it is on track to become a universal bank within the next three years.
The Managing Director, George Ofusuhene revealed this to Joy Business at a ceremony to outdoor the company as a Savings and Loans Company.
“It is possible for you to grow within this environment through organic growth. Our shareholders have also given us the indication of increasing the level of capital. So we’re going to look at how best when can increase the capital which may include bringing in new shareholders,” he said.
Bond entered the financial services industry in 2008 as a finance house.
Speaking at the launch, the Deputy Governor of the Bank of Ghana, Nashiru Issahaku also disclosed the Central Bank might soon move to get tough on financial institutions operating as banks without the requisite license.
Latest Stories
-
Ofori-Atta isn’t scared of criminal prosecution, he will come at the right time – Frank Davies
5 minutes -
Firefighters battle blaze at Madina Market
8 minutes -
“Metro Mass was in a sorry state, panting for breathe when we took over” – MD Cezario Kale
11 minutes -
Japan restarts world’s largest nuclear plant as Fukushima memories loom large
14 minutes -
AG ‘extremely hopeful’ for Ofori-Atta’s return, acknowledges February 19 U.S. Court deadline
16 minutes -
Ghana’s High Commissioner to UK engages tech innovator Danny Manu on potential Ghana projects
29 minutes -
Adutwum best placed to lead NPP into 2028 elections – Campaign team
38 minutes -
NPP delegates will make history by electing Dr Adutwum as flagbearer – Campaign Team
42 minutes -
Digital intelligence, environmental disaster: AI’s hidden climate crisis
44 minutes -
Relief for Tema residents as GWL fixes major transmission line
55 minutes -
African Trade Chamber appoints Anthony G. Hylton to advisory board
56 minutes -
Majority rejects minority’s call for Ablakwa’s removal
59 minutes -
Choosing to move, choosing to adapt: How climate migration is reshaping culture
60 minutes -
Star Oil suspends COMAC membership amid price floor dispute
1 hour -
Daily Insight for CEOs: The CEO’s Role in Strengthening Market and Competitive Awareness
1 hour