For some commercial banks, the Bank of Ghana’s new regulations for the microfinance sector have created business opportunities they have begun exploring. Fidelity Bank for instance has entered into a partnership deal with the Ghana Association of Micro Finance Companies. The deal would among other things see the bank build the capacity of the micro finance operators in their lending to Small and Medium Scale Enterprises (SMEs) through financial training and also provide the association with an office complex. Head of Microfinance and SME Banking at Fidelity Bank, Richard Kwasi Appietu told Joy Business the training would help microfinance companies improve on their efficiency. Board Chairman of the Ghana Association of Micro Finance Companies Collins Amponsah Mensah said the move is a timely one for SMEs towards transforming the microfinance industry. He said people in the low income bracket had been denied financial services for far too long and the bank was determined to change that.