uniBank opens Tachiman branch

UniBank Ghana Limited has officially inaugurated an ultra-modern three-storey complex as its 19th branch at Techiman in the Brong Ahafo Region. The inauguration of the Techiman branch marks the beginning of the Bank’s expansion strategy to roll-out its products and services into the northern part of the country.

The vast business opportunities which exist in Techiman, coupled with clarion calls by the people, triggered the Board and Management of uniBank to establish the Techiman branch to bequeath to the people in the vicinity the ‘unparalleled’ customer services and innovative products of the Bank.

Techiman is predominantly made up of Small and Medium Scale Enterprises (SMEs), their immediate and most pressing need being financial support for operations. With the focus of uniBank over the last eleven years being the provision of a comprehensive range of financials and products to individual customers and SMEs, the inauguration of the 19th branch at Techiman is appropriate, timely and heartwarming, said Mr. Felix Nyarko-Pong, the CEO of uniBank.

“We are here to inject new life into the vibrant and industrious business environment of Techiman. The unique brand, uniBank, is here to change the lives of the people of Techiman. We are here to partner all shades of businesses in the commercial capital of Brong Ahafo -- including shops, stores, educational institutions and markets,” he stressed.

Mr. Seth Terkper, Minister of Finance and Economic Planning, in a speech read for him underscored the need for promotion of convergence, integration and development of the entire financial services industry in order to exploit the full potential for effective financial intermediation and sustained growth.

He stated that as Ghana moves to a higher middle-income economy with increasing prospects of accelerated economic growth -- and with the financial requirements of the emerging oil and gas industry and the financial turmoil that has gripped major economies like USA and Europe -- it is prudent for Ghana to strategise to consolidate and scale-up the country’s banking and Insurance Institutions to effectively mobilise its domestic financial resources as a first step in funding the nation’s accelerated growth.

Mr. Terkper urged financial institutions to reduce their base lending rates in line with Government's sound macroeconomic policy, which he says has kept inflation expectations well-anchored coupled with the Bank of Ghana Policy Rate that has remained steadily low, saying: “While maintaining profitability, banks should take steps to lower lending rates.”

This, he maintained, will help complement Government’s efforts in boosting the growth of business in Ghana.
Oseadeyo Akumfi Ameyaw IV, the Paramount Chief of Techiman, charged staff of the Bank to treat customers with decorum, as the majority of customers they are going to do business with are mostly illiterates; but he was quick to add that this does not mean they do not understand business.

Oseadeyo Ameyaw, a banker by profession, lauded the Board and Management of uniBank for their foresight in extending their products and services to Techiman, and therefore pledged to support the Bank’s mission.

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