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Business News of Friday, 21 July 2006

Source: GNA

New branch of CAL Bank opened at Takoradi

Takoradi July 21 -GNA-Mr Victor Okoh, Chairman of CAL Bank, on Friday opened the Takoradi Market Circle Branch of the Bank, the second in the area.

In a short speech, he said the bank was poised to assist its customers in the area to meet their bank and financial needs. In an address, Mr Frank Adu Junior, Managing Director of the Bank, said the bank would soon open a branch at Tarkwa in line with its commitment to assisting in the development of the Western Region. He said the bank would open several new branches in other cities before the end of the year to meet the financial needs of its ever-expanding clientele.

Mr Adu said, "To this end, we have developed various innovative and competitively priced loan products, which serve a wide range of financing needs". "These loan products have been packaged to cater to unique and peculiar customer needs ranging from the purchase of vehicles, the payment of rent, educational and travel expenses to the acquisition of household and customer durables", he added.