Omnibsic Bank has received support from government to enable it to reach the Bank of Ghana (BoG)’s minimum capital requirement of ¢400 million.
The bank received ¢130 million capital funding from the Ghana Amalgamated Trust Limited (GAT).
This is part of government’s support to solvent and well-run indigenous banks, which were otherwise having difficulties meeting the new minimum capital requirement deadline, to meet their obligations.
Management of Omnibsic Bank in a statement said the GAT funding will help them complete the final step in meeting the minimum capital requirement introduced by the Central Bank.
“This comes as good news for the bank and its customers and further underscores the confidence that the Bank of Ghana has in OmniBSIC bank” the statement said.
Meanwhile, in wake of the increasing number of COVID -19 cases in Ghana; the bank has intensified safety measures to ensure the protection of the health of its employees, customers and general public while it continues to provide great and innovative financial services during this period.
“Logistical support to help protect staff and customers have also been provided by the Bank to front line staff in the execution of their duties. These include gloves, hand sanitizers, rubbing alcohol, face masks, and temperature guns for all branches. To help customers maintain hand hygiene, the Bank has installed hand sanitizers at all its ATM outlets” the statement added.