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Business News of Wednesday, 10 February 2016

Source: B&FT Online

Bank of Baroda marks Foundation Day

MD, Mr. R. Mohan MD, Mr. R. Mohan

Bank of Baroda Ghana Limited commemorated its 9th Foundation Day with a delightful celebration at its head office in the midst of customers on 5th February 2016.

“The Bank, born out of Indo-Ghanaian cooperation, rededicates its commitment to the well-rounded growth of Ghana’s economy,” said the MD, Mr. R. Mohan, while addressing staff and customers.

He thanked all the customers and stakeholders for their support and guidance during the bank’s eight years of successful operation in the country.

Mr. Mohan said the bank is aware of the fact that in the modern digital world nothing is static or constant, except change itself. Bank of Baroda realises the dynamic nature of customer’s needs and requirements, and prioritises changing itself to meet those needs.

Meanwhile, the bank has launched a new product -- dual currency ‘Recurring Deposit’ in both United States dollars and Ghanaian cedis, which is a pioneer effort to offer higher rates of return on monthly savings. This new product will promote routine saving habits among people.

Bank of Baroda is poised for a boost in growth, both in terms of new products and network of branches in the coming years. Its wings are outstretched with an eye for top-rated corporate clients across Ghana, with response from the trading community being encouraging.

The bank’s maxim for year 2016 is unceasing commitment to Ghana’s economic development, spearheaded by compliant banking.