The Ghana International Bank in the UK has declared its commitment to support local banks in fighting financial crimes and other related fraud in the banking industry.

According to the bank, it has been equipped with the necessary resources and tools to handle such cases.

Speaking at a training for partner banks in Africa, Chief Banking Officer, Ophelia Attobrah underscored the need for the bank to impact new knowledge on risk assessment to its African partners.

The risk assessment training is organised for correspondence banks of the Ghana International Bank in other African countries to equip themselves with modern trends in risk associated with money laundering and other digital fraud.

This is in response to increasing number of such activities recorded by the bank and other international partners which threatens the existence of some international financial institutions on the continent.

Ophelia Attobrah believes that the bank has what it takes to carry its African partners along in the fight against the menace.

“We are based in the UK and a bit upscale with all the necessary tools and modern terms of identifying the risk”. And we thought we could pass on the experience and knowledge to the local partners, because we speak with the regulators frequently and we’re able to move with the trend”.

“This has become very important to us due to the fact that financial crimes are becoming a big threat to the sector and we need to intervene with the support of the Bank of Ghana as a shareholder of the Ghana International Bank” she noted.

The Enterprise-wide Risk Assessment training is for risk officers from some selected African banks aimed at helping to deal with growing financial crimes which have become dynamic in the banking industry.