Ecobank has signed an Agency Banking Partnership Agreement with Ghana Post.
This agreement will enable Ghana Post to market selected products and services of Ecobank in Post Office branches around Ghana.
Speaking at the official signing event, the Managing Director of Ecobank, Dan Sackey, said the agreement was part of efforts to provide access to cheaper banking tools to equip the largely unbanked and underserved people of Ghana to perform everyday banking transactions without visiting the bank.
“We do this to ensure that the underserved markets become financially literate, as a means to gaining financial freedom, as we plan to deepen financial inclusion in Ghana,” he said.
He noted that the bank was “committed to leveraging technology and third-party partnerships to deploy flexible financial products and services to our customers.”
Currently, Ecobank has entered similar Agency Banking Partnerships with Vivo Ghana (Shell) and Melcom.
Dan Sackey noted that the partnership between the two entities will “accelerate the efforts of the new management of Ghana Post to transform the entity into a multi-service one-stop shop offering a wide variety of services, including serving as an Ecobank Xpress Point Agent.
“This will help Ghana Post diversify its revenue sources while generating employment for Ghanaians and upskilling their employees.”
“We believe that by working together with partners like Ghana Post, banking services will become readily accessible to everyone, regardless of where they live or their financial situation,” he added.
The Managing Director called on all and sundry to join hands to deepen the financial inclusion agenda across Ghana and Africa.
“On our part, we shall continue to do this in pursuit of the Ecobank vision of Building a Pan-African Banking Institution that contributes to the Economic Development and Financial Integration of Africa,” he concluded.
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