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Entry of UBA into the Ghanaian Banking Industry Contributes Immensely to the Levels of Competition in the Industry- Head of Banking

Stephen M.Cby Stephen M.C
December 7, 2022
Reading Time: 3 mins read
Stephen M.Cby Stephen M.C
in Banking
0
Entry of UBA into the Ghanaian Banking Industry Contributes Immensely to the Levels of Competition in the Industry- Head of Banking

Managing Director of UBA Ghana, Chris Ofikulu

Mr Osei Gyasi, Head of Banking Supervision at the Bank of Ghana (UBA), has underscored the immense contribution of the bank to the banking industry since its entry into the scene. 

The Head of Banking Supervision at the Bank of Ghana, thus, commended the bank for the innovative products it introduces over the years and for bringing the bank to the doorstep of customers through the creation of many branches across the country.

“The entry of UBA into the banking industry contributed immensely to the levels of competition in the banking space in Ghana. For the past 18 years, the bank has evolved with Ghana’s changing landscape and has worked tirelessly to serve Ghanaians. With the opening of this Business Office, the bank would be contributing further to the deepening of financial intermediation in Ghanaian industry.”

Mr Osei Gyasi

Mr Osei Gyasi made this known at the official opening of UBA’s latest branch and business office to serve customers and the banking public throughout Ashaiman and its environs.

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Chris Ofikulu, the Managing Director of UBA Ghana, also speaking at the official opening of the new UBA branch, expressed his excitement over the opening of the office. He highlighted the role the newly created branch will play in serving the people of Ashaiman.

“Our customers and the communities that we serve are at the heart of everything we do, that’s why I am delighted that we have invested in Ashaiman by opening this new business office to better serve our existing clients and build new client relationships.

“Knowing the immense economic importance of Ashaiman, I am very glad that we have taken the right steps to make our presence felt in this cosmopolitan area. We know through this expansion we can help boost SMEs through our banking services, advisory services, and business clinics.”

Chris Ofikulu

Ms. Raquel Ross, Branch Manager at the Ashaiman Business Office, was elated about this opening, saying, “Today’s customers have busy lives and we’re bringing our services closer to them”.

“Together with the team, we’re ready and well-positioned to provide top-notch banking services to customers. It is my hope that the success of this new branch will lead to the opening of other new branches in other parts of Ghana in the near future.”

Ms. Raquel Ross

Driven by the customer-first philosophy, the expansion of the bank is aimed at providing an excellent customer experience loaded with unparalleled solutions to help grow businesses in Ashaiman and serve customer banking needs.

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Meanwhile, this forms part of the bank’s strategy to increase business presence and grow existing relationships as well as reach new customers and introduce them to UBA’s unique solutions to them.

READ ALSO:  Weak Economic Fundamentals Affect GSE in the Penultimate Month of the Year

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