Small and Medium-sized Enterprises (SMEs) run by women have received financial education and training from Ecobank Ghana to handle important day-to-day financial issues including bookkeeping, basic accounting, budgeting, savings, and investments.
The seminar was held to commemorate the bank’s annual flagship CSR initiative, ‘Ecobank Day’, which aims to give back to the communities where it lives, works, and serves.
The focus of this year’s Ecobank Day, according to Ecobank Ghana’s Managing Director, Dan Sackey, is to increase financial literacy and financial inclusion, especially for women and young people in underserved communities.
According to him, financial inclusion means having access to practical and reasonably priced financial products and services, such as payments, savings, loans for individuals and small businesses, and insurance, to satisfy one’s requirements.
“We take financial inclusion and financial literacy very seriously because we understand that they can change people’s lives. We are determined to help raise financial literacy, which in turn will drive financial inclusion in our local communities.”
“Ecobank Ghana is committed to playing an important role in our communities as a meaningful contribution to the development of the African continent, in line with our overall corporate vision”, he said.
He continued by saying that financial inclusion and financial knowledge were crucial enablers for lowering poverty and increasing prosperity.
He said the Ecobank family in Ghana hosted four simultaneous events in Accra, Kumasi, Takoradi, and Tamale to provide people in the SME sector with information and skills to handle their finances properly as part of the bank’s commitment to lowering these numbers.
Dr. Edward Nartey Botchway, Executive Director and Head of Consumer Banking, Ecobank Ghana, revealed that the training was conducted concurrently in all 33 African nations where the bank has operations under the same theme of “Financial Inclusion For All; Leave No One Behind” throughout the continent.
According to him, it won’t be a one-time thing, and Ecobank would keep working with the participants to help them improve their circumstances in the small and medium-scale enterprise sector by using the knowledge and skills they learned through the program.
“Without properly documenting and tracking what you are doing, it is impossible to determine how well your firm is performing. Because of it, we consider this training to be important,” he stated
- West Hills Mall death: Shop manager remanded
- Ablakwa kicks court writ on the ground upon service by bailiff
- Rev Kusi Boateng injuncts Ablakwa from further publications on him
- Growing list of companies ordered by GRA to pay back-taxes
- GOIL attributes drop in diesel price to Gold for Oil barter deal
- Rev Victor Kusi Boateng sues Ablakwa for defamation
- I’ve instructed my lawyers to act on Rev Kusi Boateng’s injunction against me – Ablakwa
- Check out Akufo-Addo’s reaction as Black Sherif performs for him
- Diana Hamilton reveals why she won’t talk about National Cathedral
- Ex-policeman gets death penalty for lawyer’s murder
- Musk found not guilty of fraud over Tesla tweet
- Man shot by police was cleaning out – family
- Number of staff suing Twitter ‘goes up daily’ – lawyer
- Nursing and Midwifery institutes prioritising theory over practical skills – Oncologist
- I started smoking at the age of 11 – Musician OJ Blaq reveals
- Ebenezer Kojo Kum resigns as Chieftaincy Minister
- President Akufo-Addo accepts Chieftaincy Minister’s resignation
- Livestream: One-on-one with Seth Terkper on PM Express
- I did national service in Aliu Mahama’s office despite being NDC member – Sam George
- Flora Tissue grants renowned actor Fred Amugi’s 74th birthday wish
- I’m unable to confirm whether 1st gold for oil consignment was paid in cash – Deputy BoG Governor
- I’ll later explain my comment about people who watch movies for long hours – Yaw Dabo
- University of Ghana VC must go – Concerned students demand
- Groundworks underway for construction of modern film studios in Ghana, West Africa – Idris Elba
- GRA withdraws $672m back-tax demand from MTN Group