Customers lately have been agitated by the bank's inability to pay them appreciable amounts of their deposits.
Meanwhile CEO of GN Savings, Issah Adam has established that the bank is open for withdrawals and that customers can be assured of easy accessibility of their monies.
According to him, the newly adopted system (LRB) has resulted in strengthening some of their branches by making them relatively liquid.
He also said the Banking method has revived confidence and trust in several customers.
"If a customer brings GHC1,000 on Monday, they can come back on Tuesday and withdraw some or all of it. They can ask us to send part of the money to another branch in a different region and get the money there. It is working for traders, lawyers, students, companies with customers spread throughout the country and others. This has resulted in strengthening some of our branches, making them relatively liquid. It is bringing back customer confidence step by step, one person at a time". he stated
Read the full statement below
Dear Cherished Customers and the General Public, We are grateful for the opportunity we have to revitalize GN Savings, a true indigenous Ghanaian financial institution. We understand the seriousness and responsibility associated with the license given to GN Savings by the Bank of Ghana.
Today, we want you to know about the strategy we have adopted to guarantee unlimited withdrawals of your deposits when the need arises. We call it LRB (Local, Regional Banking). Since we started LRB, in November 2018, we have chalked some successes. LRB assures those who bring new deposits, of unrestricted access to their funds.
If a customer brings GHS1,000 on Monday, they can come back on Tuesday and withdraw some or all of it. They can ask us to send part of the money to another branch in a different region and get the money there. It is working for traders, lawyers, students, companies with customers spread throughout the country and others. This has resulted in strengthening some of our branches, making them relatively liquid. It is bringing back customer confidence step by step, one person at a time.
We highly recommend this to everyone. Come and give this a trial. And enjoy safety and convenience. It remains a fact that GN Savings is the only licensed financial institution in many towns across Ghana.
Come to GN Savings. We are ready to serve everyone with safety and convenience.
GN Savings,
Amansan Sika Korabea!
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