Merchant Bank goes to Abbossey Okai

MERCHANT Bank Ghana Limited has widened its reach, with the opening of another branch at Abbossey Okai in Accra.
The outlet, which brings the bank’s network to 18 branches, will offer services to people in the spare parts market as well as small- and medium-scale enterprises (SMEs).
The acting Managing Director of the bank, Dr Kwame Osei-Owusu, said the presence of Merchant Bank in Abbossey Okai signified an open invitation to the chain of businesses in the area and its environs to deal with it.
He named some of the benefits to customers as the free use of automated teller machines (ATMs), zero deposit account opening, no charges for processing salaries as well as zero charges for withdrawal from personal accounts.
Dr Osei-Owusu said with good collaboration between the bank, the SMEs and business associations, they would together remove many of the barriers facing entrepreneurs in the country, and hence in the Abbossey Okai spare parts market, thus improving their business culture.
"We would not only support and partner you but we would take significant interest in the general development of the capacity of your businesses," he assured.
The Supervising Director of Merchant Bank, Nana Fredua Agyeman Pambuo I, advised staff of the bank to understand and appreciate the concerns of the customers, who mostly operate in the informal sector.
He announced that the bank would collaborate with the Member of Parliament for Ablekuma Central to ensure that a Police Station was sited in the area to provide security for their activities.
The bank said it would open 11 more branches before the end of the year.
The Member of Parliament for the Ablekuma Central, Mr Theophilus Tetteh Chaie, expressed gratitude to the bank for offering to assist in the establishment of a Police Station to beef up security at the Abossey Okai area.