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Press Releases of Sunday, 29 March 2020

Source: Advans Ghana Savings and Loans

Advans Ghana Savings and Loans grants grace period to loans clients

In the wake of the coronavirus outbreak, Advans Ghana Savings and Loans is more than ever committed to support small businesses and farmers to get through this crisis and to back the country’s efforts to control the spread of the virus.

In this context, the CEO of Advans Ghana, Olivier Bailly-Béchet, stated that all branches in the Greater Accra region and in Kumasi will remain open during the lockdown period, as in the rest of the country, in order to maintain proximity to our clients and help them to do their transactions.

All measures have been taken in our branches to keep clients and staff safe and healthy with systematic hand washing at the entrance, respecting of social distancing and sensitization of the public on how to be protected from COVID-19.

Advans’ clients can also make use of our Advans Mobibank service to conduct all their transactions from wherever they are in Ghana.

In addition, Advans Ghana Savings and Loans announces that its borrowers will be able to benefit from a grace period, with specific measures adapted to each client’s situation.

The CEO of Advans Ghana stated that “the global outbreak of the COVID-19 crisis has already begun having a significant negative impact on many businesses and in this uncertain time, Advans Ghana’s objective is to relieve clients from the burden of paying back their instalment while the virus is spreading. Most important for Advans Ghana management team now is to give everyone the opportunity to stay safe and focus on protecting their families and loved ones. Thousands of our clients have already been called by our teams and have accepted our offer to implement a grace period on their loans”.

Mr Ben Berko, Chairman of the Board said: “Advans Ghana’s mission is to provide client centric financial services to small businesses and under-served populations in a sustainable and responsible manner. In this difficult time, it is more than ever the role we are willing to play”.
Olivier Bailly-Béchet, CEO, added: “I am proud of the tremendous work our teams have been delivering to ensure we are ready to help our clients and borrowers to anticipate any financial risks they may face in the coming weeks”, and encourages all clients to call the Advans’ toll free number on 0800355355 if they had any enquiries

Advans Ghana Savings and Loans is a subsidiary of the Advans Group head-quartered in Paris with presence in nine countries in Africa and Asia and serving more than 1 million clients.

In Ghana, Advans operates in twenty branches across nine regions with the head office located in Newtown. For more than 10 years, Advans Ghana has been supporting entrepreneurs and is willing to remain their preferred financial partner in these difficult times.

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