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Business News of Thursday, 19 September 2019

Source: Barclays Ghana

Barclays Ghana wins Market Leader Award and more

Abena Osei Poku, MD Barclays Bank Ghana Ltd. Abena Osei Poku, MD Barclays Bank Ghana Ltd.

Barclays Bank has been named overall winner of the Market Leader Award and Best Service Overall in Ghana in the 2019 Euromoney Cash Management Survey.

Commenting on the awards, Managing Director of Barclays Bank Ghana, Abena Osei-Poku said: “we are always exploring new and innovative ways to help bring possibilities to life for our customers. We are therefore very excited to be the recipient of this award. It shows our contribution and services are recognised by the customers we serve”.

“As we transition to Absa, our customers can look forward to continuous delivery of new and innovative solutions relevant to their unique needs” Mrs. Osei-Poku added.

Absa Regional Operations Deputy Chief Executive, Temi Ofong commented: “Delivering consistent superior services is what builds long-term success for us as a business and for our customers. Our cash management services provide a holistic offering and includes managing cash flow, banking solutions and a host of additional services.”

“We are delighted to receive this recognition and endeavour to continue meeting the evolving needs of our customers,” added Yasmin Masithela, Managing Executive for Transactional Banking in CIB.

The Euromoney Cash Management Survey recognises the leading providers of cash management products and services. The survey covers 12 product and client categories on global and regional basis, ranking results in 56 countries.

EuroMoney surveys cash managers, treasurers and financial officers worldwide. The survey reports the standard of international and domestic cash management services corporate customers receive from their bankers. The scope included international and domestic payments, collections, liquidity management and other services.

Respondents (Corporate customers, Financial and non-Financial) are asked which top three banks they mostly use for their cash management services and to rate services provided by their lead Cash Manager on sliding scale of 1 being poor to 7 being excellent.

Corporate customers were surveyed to provide their feedback directly to EuroMoney based on the experience they have had with Cash Management services.

In 2018, Barclays Bank was also adjudged the Best Bank in Ghana by Euromoney.

About Barclays Bank

Barclays Bank Ghana Limited is a leading financial services provider with over 100 years of banking operations in Ghana. Barclays combines its expertise and product knowledge with its rich experience and appreciation of the local environment to bring world-class banking to its clients.

Services range from corporate & investment banking, business banking solutions for SMEs and a three-tier personal banking proposition - Personal, Prestige & Premier banking.

With 67 service outlets and over 165 ATMs spread across the country, Barclays also offers an array of digital banking solutions, Credit & Debit Cards as well as Point of Sale terminal services among others.

Barclays Bank Ghana is part of Absa Group Limited, which is one of Africa’s largest diversified financial services groups with presence in 12 countries in Africa.

For further information about Barclays Bank Ghana Limited, please visit

About Absa Group Limited

Absa Group Limited (‘Absa Group’) is listed on the Johannesburg Stock Exchange and is one of Africa’s largest diversified financial services groups.

Absa Group offers an integrated set of products and services across personal and business banking, corporate and investment banking, wealth and investment management and insurance.

Absa Group has a presence in 12 countries in Africa, with approximately 40,000 employees.

The Group’s registered head office is in Johannesburg, South Africa, and it owns majority stakes in banks in Botswana, Ghana, Kenya, Mauritius, Mozambique, Seychelles, South Africa (Absa Bank), Tanzania (Barclays Bank Tanzania and National Bank of Commerce), Uganda and Zambia.

The Group also has representative offices in Namibia and Nigeria, as well as insurance operations in Botswana, Kenya, Mozambique, South Africa, Tanzania and Zambia, and an International Representative Office in London.

For further information about Absa Group Limited, please visit

About Euromoney Magazine

Euromoney magazine was created in 1969 to cover the re-emergence of the international cross-border capital markets. The euromarket, after which the magazine is named, is the predecessor to today's mainstream global capital markets.

Euromoney reported on, and championed, this market and its growth, in the process becoming the prime magazine of the wholesale financial world, its institutions and its users. Our specialist journalists bring you an authoritative round-up of banking, capital markets, investment, foreign exchange & treasury, and regional markets, including Asia, Latin America, and EMEA.

Our benchmark surveys and awards will tell you how you and your competitors are rated by the industry, help you find the institutions best placed to handle your business, and can give you the edge you need when pitching to clients.