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in Banking, Finance

FBNBank Ghana Makes Resilient Strides Towards Growth and Expansion in 2023.

Maynard Championby Maynard Champion
January 11, 2023
Reading Time: 3 mins read
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FBNBank Ghana Makes Resilient Strides Towards Growth and Expansion in 2023.

FBNBank Ghana Makes Resilient Strides Towards Growth and Expansion in 2023.

Victor Yaw Asante, Managing Director (MD) and Chief Executive Officer (CEO) of FBNBank Ghana has declared the bank’s intensions to grow and expand this year, 2023.

Mr. Asante said the bank is set to make a profit of GH¢200 million before tax deductions in the 2023 financial year, which he indicated is aimed at consolidating the performance of the bank in 2022.

According to the CEO of FBNBank Ghana, the bank also seeks to raise GH¢2 billion through deposits as well as increase its customer base by 100,000.

The bank performed creditably well amidst the prevailing macroeconomic challenges in Ghana in the past year, Mr. Asante noted. The bank’s profit in 2022, he added, was remarkable.

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Victor Yaw Asante, Managing Director and CEO of FBNBank, Ghana

 “Last year, 2022 had a number of highs for us as a brand and business and it is a great testament to our resilience as a brand and also to us for our passion for what we do.”

Victor Asante

Further highlighting some of the outstanding accomplishments of the bank in the previous year, the Managing Director said the bank joined the Ghana Club 100 by placing 55th in the club by so doing, leaving the event with an award.

FBNBank Ghana was also crowned the Best Commercial Banking and Best Small and Medium-Scale Banking Brand in Ghana during the 2022 Global Awards, Mr. Asante noted.

The 2022 Sustainability and Social Investment Awards adjudged FBNBank Ghana, the Best Bank in Supporting Government Institutions, another great feat for the bank.

Mr. Asante said as a way to bring financial services to the doorstep of all in the Ghanaian community, the bank increased its footprints by opening new branches in East Legon, Abossey Okai and Atomic Junction; also, a Collection Centre at the Ghana Ports and Harbours Authority (GPHA) Long Room at Community 1, Tema in 2022.

“Today, our clients and customers in these locations all have an FBNBank Ghana Touchpoint close to them.”

Victor Asante

Moving forward, the Managing Director of FBNBank Ghana has promised establishing three new branches in 2023 in Ahodwo in Kumasi, Hospital Road, Tema and Abeka-Lapaz.

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Staff Health Walk

As a way of firing up the staff of the bank for more productivity in 2023, the bank embarked on a health walk, with some aerobics thereafter.

With 2023, declared to be a tough year, the bank undertook the health walk, including 150 of its staff in order to keep them healthy and psyched up to embrace the tough seasons ahead.

A section of the bank staff at the work
FBNBank Ghana Staff on a health walk

Mr. Asante assured their customers on delivering on their promises in 2023, and with the year projected to be tough, focus on building specific goals towards meeting their aspirations for the year.

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The FBNBank also intends on making banking more convenient for their clients and customers by enhancing its digital offerings, the CEO said.

The CEO, in his concluding remarks expressed gratitude to the staff of the bank for their immense contributions and hard work towards placing the bank at an enviable spot and pleaded with them not to rest on their oars but strive to sustain the good financial performance being noted for so as to make attainable their bottom line target for the year.

READ ALSO: Finance Minister Restates Position On Individual Bond Holders Losing When Excluded From The DDEP

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Tags: 2023FBN Bank GhanaghanaGPHA
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