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Business News of Friday, 24 April 2015

Source: B&FT

Businesses must support economic growth

Nana Kobina Nketsia, Omanhene of Essikado, in the Sekondi-Takoradi Metropolis, has lauded business entities who inject some of their profit into the nation building to promote economic growth.

Launching a new product the “enhanced savings” for the GN Bank, a Ghanaian owned private financial institution in Takoradi, he noted that the national reconstruction requires everybody’s positive contribution.

Nana Nketsia therefore called on all, to contribute their quota in their areas of operations and workplaces to ensure the rapid growth of the economy.

He commended the Management and Founder of the bank, Dr Paa Kwesi Nduom, the presidential candidate for the Progressive People’s Party in Election 2012 for the immense contribution towards the economy through the establishment of businesses to create jobs.

The occasion was used to hold the first in a series award ceremony and luncheon for the staff of the bank in Takoradi in appreciation of their hard work leading to the expansion of the company.

Mr Patrick Anumel, Chief Executive Officer of the bank enumerated some of their traditional products as susu, loans to operate businesses, transport, farming and payment of school fees.

He said plans are far advanced to expand the services across the country as well as the West Africa sub region, which would not require people to carry huge sums of monies with them.

Some of the beneficiaries of the loan commended the management for the flexibility of the payment which according to them has improved their businesses.