Audio By Carbonatix
The Sahel Sahara Bank, BSIC Ghana has opened six new branches as it seeks to grow its business in Ghana.
The Libyan bank began operations in Ghana with just the head office branch but is now expanding, hoping to add four more in other parts of the country by the end of the year.
The six branches were opened on Tuesday in Accra and Tema. Speaking at the ceremony, the Deputy Managing Director, Yousif Turkman, said the bank’s deposit has gone up by 80% since June this year, on the back of its three-year strategic plan, while total assets have also increased by 30 percent over the last quarter.
He said the bank will have 16 branches by the end of the three year plan, which will enable it pursue its objective of promoting intra African trade.
Foreign Affairs Minister Alhaji Mohammed Mumuni who was at the ceremony, urged the bank to facilitate the integration of West Africa.
He also urged the central bank to strengthen the regulatory regime to ensure that banks in the country operate strictly to the rules of the country.
Source: Joy Business/Myjoyonline.com/Ghana
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Tags:
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Latest Stories
-
8 teachers, invigilators convicted over 2025 BECE malpractice — Education Minister
1 minute -
From Pulpit to Timeline: The ‘Generational Curse’ Sermon That Broke Ghana’s Internet
5 minutes -
BoG financial position raises credibility concerns ahead of IMF programme exit — Prof Bokpin
13 minutes -
DVLA records 67% revenue surge in first quarter of 2026
19 minutes -
Senyo Hosi: The BoG ‘loss’ that saved the economy
24 minutes -
We remain policy solvent despite GH¢15.6bn operating loss and negative equity – BoG
36 minutes -
ECOWAS clashes with Ghana over new airport taxes, warns of damage to regional aviation
44 minutes -
Oppong Nkrumah urges urgent BoG recapitalisation, warns against political interference
48 minutes -
NPP national youth wing sends best wishes to 2026 BECE candidates
55 minutes -
The Genetic Panopticon: The dangerous reality of mandating newborn DNA
1 hour -
John Jinapor encourages Yapei-Kusawgu BECE candidates to stay focused
1 hour -
Health professionals raise concern over rise in non-communicable diseases in Ashanti Region
1 hour -
Kaba and Slit Festival 4.0 celebrates Ghanaian heritage with elegance
1 hour -
Education Minister begins BECE monitoring tour in Sefwi
1 hour -
AFCON final referee appointed for CAF Champions League final
2 hours