• VIDEOS
  • About
  • Contact
  • Despite Media
Ghana Election 2020
  • Home
  • Election 2020 Results
  • Local News
  • Politics
  • Showbiz
  • Sports
  • Business
  • Opinion
  • VIDEOS
  • Media
    • Videos
    • Audio
    • Photos
Local News
 
 
 
Home Business Business News 201110

First African Savings Enters Agreement With GCB

17-Oct-2011
/ Business News, Business
Email
Print
Comments 0
(0)
Comments
Share on Facebook Share on Twitter
 

Clients of First African Savings and Loans Limited (FASL) , a money transfer organization, will now be able to send remittances to their dependents in Ghana faster through a partnership it has with the Ghana Commercial Bank Ltd (GCB).

Under the partnership FASL will take advantage of GCB’s nationwide spread of 157 branches and an efficient network to channel remittances from clients in Europe and North America to their beneficiaries in Ghana.

Speaking at a meeting of officials of the two institutions, Mr. Samuel Sarpong, Deputy Managing Director in charge of Operations, GCB, expressed his excitement at having FASL on board and pledged the commitment of the Bank to ensure the best in customer service.
He said the Bank was studying the whole delivery process in the money transfer business and considering the payment of remittances directly into the account of customers so they could access them through the Bank’s 110 ATMs.

Mr. Sarpong said he was happy with the trend of business which took off on August 24, adding, it was very impressive. Mrs. Gifty Affenyi-Dadzie, Managing Director of FASL, described the partnership as 'historic', saying that it had been born out of the passion to grow indigenous brands. “While the GCB is acknowledged as the first indigenous Ghanaian bank, FASL is the first indigenous money transfer organization.”

She expressed the hope that the collaboration would be handled in the mutual interest of the two institutions, riding on the principles of integrity and transparency.

Mrs. Affenyi-Dadzie highlighted GCB’s unparalleled reach in terms of country-wide coverage and its tested and proven technological capacity that enhanced customer satisfaction through speed.
“We believe that our two indigenous companies could utilize this partnership to prove that through expertise and hard won integrity, we can achieve international recognition and excellence,” she added.
Mr. Kofi Boateng Gyasi, Head of GCB Global Money Transfers, said the collaboration would afford FASL a wider reach locally while foreign exchange inflows to GCB would increase.

“They come in to give GCB additional geographical spread and a consequent increase in volumes and values,” he added. The major patrons of FASL are from Belgium and Italy with their benefactors being in the Brong-Ahafo Region, especially , residents of Berekum, Dormaa Ahenkro and Techiman.

Source: gna

 

 
 

 

Comments ( 0 ): Post Your Comments >>

Disclaimer: Opinions expressed here are those of the writers and do not reflect those of Peacefmonline.com. Peacefmonline.com accepts no responsibility legal or otherwise for their accuracy of content. Please report any inappropriate content to us, and we will evaluate it as a matter of priority.
Featured Video
Previous Post

Lufthansa To Introduce Daily Flights To Accra

Next Post

Turn To Africa..….Zenith MD Tells Investors

 
 

More Stories

Alan Kyeremanten Best Person For Trade Ministry As Afcfta Kicks Off – GUTA
We Can’t Use Our Buses To Convey Only 2 Passengers - GPRTU
Focus More On Agric Sector Investment To Improve Economy – Dr Sarkodie
Study: More Than Half Of German Firms Expect Skilled Labour Shortage
BoG To Arrest Cedi’s Depreciation With US$775m Injection
Fidelity Bank Ghana Relocates Two Branches; Merges Two Branches
MTN Ghana Awards Momo Agents and Merchants
FDA To Harmonize Importer TIN And Product Registration Numbers
Standard Chartered Holds First Draw Of Season Of Surprises Campaign
Next Post

Turn To Africa..….Zenith MD Tells Investors

  Ghana Business News

  • General News
  • Economy
  • Banking & Finance
  • Stock Market
  • Industry/Manufacturing


 
 

Other Business News Stories

  • Alan Kyeremanten Best Person For Trade Ministry As Afcfta Kicks Off – GUTA

  • We Can’t Use Our Buses To Convey Only 2 Passengers - GPRTU

  • Focus More On Agric Sector Investment To Improve Economy – Dr Sarkodie

  • Study: More Than Half Of German Firms Expect Skilled Labour Shortage

  • BoG To Arrest Cedi’s Depreciation With US$775m Injection

  • Fidelity Bank Ghana Relocates Two Branches; Merges Two Branches

  • MTN Ghana Awards Momo Agents and Merchants

  • FDA To Harmonize Importer TIN And Product Registration Numbers

  • Standard Chartered Holds First Draw Of Season Of Surprises Campaign

  • Cape Coast Being Marketed In Germany - PHOTO

 

 
 

Popular Videos

Election Petition: Maurice Ampaw’s Reaction

NDC Makes Another Mistake In Their Corrected Petition – Nana B

Provision Of PPEs: You Can Close Down Schools...But Leave Us Out - Private Schools To GES

Mahama Doesn’t Believe He Won The Election; I Know Him - Kabila

Election Petition: Respect The Ruling Of The Supreme Court - MP To NDC

I Hope You’ll Not Accuse Supreme Court Judges Of Unfairness - Kabila To Mahama

Peace FM Online and Despite Media

peacefmonline.com offers its reading audience with a comprehensive online source for up-to-the-minute news about politics, business, entertainment and other issues in Ghana

Follow us on social media:

Category

  • Home
  • Local News
  • Politics
  • Showbiz
  • Sports
  • Business
  • Opinion
  • Trivia
  • Foreign
  • Audio
  • Photos
  • Videos
  • Elections
Decision Time
Ghana Election 2020 2016 Elections
Services
Online Radio Audio on Demand Ghana Elections Advertise with Us
Useful Links
Despite Media About Us Contact Us Feedback Form Terms and Conditions Privacy
Our Brands
Despite Media UTV Peace FM Okay FM Hello FM Neat FM Peacefmonline
  • About
  • Advertise
  • Terms & Conditions
  • Contact
  • Privacy

© 2020 Peacefmonline.com - An online portal owned and managed by Despite Media

  • Home
  • Local News
  • Politics
  • Showbiz
  • Sports
  • Business
  • Articles
  • Trivia
  • Foreign
  • Photos
  • Videos
  • Audio
  • Election 2020

© 2020 Peacefmonline.com - An online portal owned and managed by Despite Media