Victor Yaw Asante, the Managing Director and Chief Executive Officer of FBNBank, has disclosed that as part of its expansion drive, the bank intends to have physical presence in each of the sixteen regions in the country as has been said.
According to Mr Asante, although the bank has achieved nationwide presence through its digital platforms, it is now focusing on expanding its physical footprints across the regions of the country.
“We intend to be a national bank and not be a geographically limited one and cover certain key markets in the country.
“It would be our aim to at least have one physical representation in each of the sixteen regions of the country, whether it is a full branch or an agent.”
Victor Yaw Asante
The MD noted that the FBNBank currently has physical presence in seven of the regions of the country, stressing that there’s more work to do.
“We also recognised that we have a catch-up to do in terms of physical branch presence, so we are doing both. We have invested a lot in our digital platforms and we also at the same time trying to add a few of our physical outlets.”
Victor Yaw Asante
Mr Asante intimated that the opening of the East Legon branch brought to 24 the number of the branches of the bank across the country.
“Our next target areas is to get up North a bit and establish a branch in either Northern or Savanna Regions. We have done an agent in Sunyani, which will be converted into a full branch soon. We are looking at doing one or two more in in Greater Kumasi areas.”
Victor Yaw Asante
Although, the Chief Executive Officer of FBNBank did not give any timelines, he said after covering the Northern, Savanna and Greater Kumasi areas “It will be one branch a while after we cover the whole Ghana.”
FBNBank’s Health Walk
Mr Asante stated during a health walk at East Legon organised by the the bank that the objective of the bank is to create awareness on the newly created branches of the bank in East Legon.
On the walk, Mr Asante said the response by the residents in East Legon has been very impressive.
“I am surprised by the things I have seen here. East Legon is a mixture of things and we are glad we are here. We didn’t come here for any elite group, we came here for the residents of East Legon. East Legon is a beehive of business activities, it is cosmopolitan, and described it as the new Osu, with a lot of eateries, residential areas and corporate offices.”
Victor Yaw Asante
Mr Asante added that East Legon presented a very unique proposition for both premium banking and retail and consumer banking in view of the cosmopolitan nature and diverse businesses in the areas. He noted that the bank established the Atomic Junction branch recently, which was to cater for the student population primarily around, Legon, Wisconsin, UPSA.
“With the Atomic Branch and this new East Legon branch, we expect our clients to have the convenience of a bank branch when they need that.”
Victor Yaw Asante
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