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in Banking

Stanbic Bank Strengthens Ties with Diaspora Community to Boost Investments in Ghana

Maynard Championby Maynard Champion
February 6, 2025
Reading Time: 3 mins read
Stanbic Bank Strengthens Ties with Diaspora Community to Boost Investments in Ghana

Stanbic Bank Ghana has reaffirmed its dedication to fostering economic growth by hosting a special diaspora engagement event, aimed at connecting individuals from the diaspora with investment opportunities in Ghana.

The event attracted a diverse group of participants who have shown strong interest in settling and investing in the country.

The interactive session, held in collaboration with the Pan-African Leadership Institute (PALI), provided a unique platform for networking, knowledge-sharing, and discussions on Ghana’s investment landscape.

The event created an avenue for the diaspora community to explore various sectors, including real estate, banking, entrepreneurship, and capital markets, where they can make meaningful contributions while securing their financial future.

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Speaking at the event, the Head of Affluent Clients at Stanbic Bank Ghana, Mrs. Margaret Obimpeh, reiterated the bank’s unwavering commitment to supporting the diaspora community. She highlighted the bank’s tailored financial solutions designed to facilitate seamless investment processes for diasporans looking to engage in Ghana’s economy.

“This session allowed us to connect with individuals eager to integrate into Ghana’s economy. As a financial institution, we are exploring how we can partner with them to facilitate their settlement and investment plans. We see untapped opportunities in this space and are committed to creating solutions that will enable these individuals to contribute meaningfully to Ghana’s development.”

Mrs. Margaret Obimpeh

She further noted that the bank would use insights from the engagement to collaborate with key stakeholders, aiming to address the unique challenges faced by the diaspora community in navigating Ghana’s economic landscape.  

Strategy To Strengthen Financial Inclusion

The initiative aligns with Stanbic Bank’s broader strategy to strengthen financial inclusion and attract foreign capital into the country. By fostering strong relationships with the diaspora, the bank aims to position itself as a trusted partner in wealth creation and economic development in Ghana.

Speaking on the bank’s broader capabilities, the Head of International Private Banking and Diaspora Banking, Mr. Nana Owiredu-Gyamera, highlighted Stanbic’s extensive experience in providing financial solutions.

“With over 160 years of experience and a presence in 18 African countries, Stanbic Bank is well-equipped to meet the personal and business needs of our clients. From current accounts and savings to business solutions and foreign exchange services, we are dedicated to supporting the financial aspirations of the diaspora community.”

Mr. Nana Owiredu-Gyamera

On his part, the President and Co-Founder of PALI, Dr. Kofi Osei-Kusi, commended Stanbic’s exceptional role in the banking sector. According to him, the Institute aims to collaborate with the bank to engage with leaders in the diaspora who have a strong interest in Africa but are unsure where to start.

Dr. Kofi Osei-Kusi believed that by working together, they can bridge the gap and bring these leaders closer to the continent.

“We’re excited about the reception and the warmth that we’ve had, and we look forward to collaborating with Stanbic Bank to be able to engage with leaders in the diaspora. So many of whom have great interest in Africa but don’t know where to start from. We believe that together with Stanbic Bank we would be able to bring these leaders closer to the continent.”

Mr. Nana Owiredu-Gyamera

READ ALSO: I am in Support of the Election of MMDCEs – Andrew Bediako

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Tags: diasporaDiaspora CommunityinvestmentsPan-African Leadership Institute (PALI)stanbic bank
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