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Business News of Tuesday, 29 November 2016

Source: classfmonline.com

Nduom unveils GN Bank branch at Mankraso

Groupe Nduom Chairman, Dr Papa Kwesi Nduom giving his address. Groupe Nduom Chairman, Dr Papa Kwesi Nduom giving his address.

GN Bank has opened a new branch at Mankraso in the Ahafo Ano South district of the Ashanti Region.

Groupe Nduom Chairman, Dr Papa Kwesi Nduom, at the inauguration of the new bank building on Monday, November 28, encouraged the people to see the bank as an indigenous bank ready to help the Ghanaian economy and help develop their financial capabilities.

"GN Bank is a local bank fully owned by Ghanaians. Our intention is to use the bank to help the people of Ghana. I must also let everyone know that anyone who intends to come for loans must also plan to repay because the loans we offer are from the savings of other people, so please use the monies for profitable business that will help you repay,” he said.

He continued: "The bank is relatively young, but we have already gone past the 270 branches and now the largest networked bank in Ghana. We are hoping to hit 300 branches nationwide. We are hoping in the future to be the bank that bails out the Ghana government in times of recession and financial difficulties. We are building a strong financial institution that will rival all other banks.”

Welcoming Dr Nduom and the bank to the town, the chief of Mankranso, Nana Osafradu Amankwatia, thanked the entrepreneur for remembering that the people of Mankranso also deserved a good bank.

“I was amazed at the pace of work put into the construction of the bank. Your workers are so courteous and respect customers, of which I have a personal experience,” he noted.

“I urge all to support the bank, to save their monies at the bank. It’s very refreshing that a Ghanaian is ready to do business and rub shoulders with the foreign banks. One refreshing thing about GN Bank is that they put up their own building, so it means they are going to be here for a long time.”

Dr Nduom and Nana Osafradu Amankwantia joined hands to officially commission the bank, which will serve Mankranso and its neighbouring communities such as Kunsu, Pokukrom, and Beposo.

In a show of appreciation, Dr Nduom acknowledged the first customer of the Mankranso branch for having the trust and conviction in GN Bank to open an account with the new location.

He, thus, thanked Mr Akwasi Appiah, a police officer, and awarded him a prize.