Ecobank Ghana and GN Savings have signed an agreement for the establishment of a partnership between the two financial institutions.
The agreement signed on Friday, 29th March 2019 at the offices of GN Savings will see the two institutions work together in areas that will be mutually beneficial to both entities.
Speaking at the signing ceremony, Mr. Issah Adam, CEO of GN Savings, said “with this partnership signed, we urge our clients and the Ghanaian banking public to continue doing business with us”. With 300 locations nationwide, GN Savings brings to this relationship the widest physical outlets for the distribution of financial services in Ghana, creating the desired convenience for customers, especially in the rural areas.
Dr Edward Nartey Botchway, Executive Director of Finance Ecobank Ghana and CFO Anglophone West Africa also said; “We at Ecobank are happy with the opportunity to provide banking services to GN Savings. The reclassification of GN Bank to GN Savings has resulted in the need for a Banking partner for GN Savings & Loans. We believe our superior technology platform and dedicated staff makes us indeed the ideal partner to support GN Savings and Loans in this regard. For us, this is not just a transaction but a partnership that will serve both institutions well”. We believe that this partnership will grow and possibly lead to other forms of strategic alliances in the coming years.
Present at the ceremony were; the Chairman of Group Nduom Dr. Papa Kwesi Nduom, Dr Nana Kweku Nduom, Vice President, Groupe Nduom, Mr. Robert Danso Boakye, COO for GN Savings, Mr. Alfred Sakyi, Ecobank Head of Commercial Banking, Ghana and Anglophone West Africa, Madam
The Partnership agreement is a step in the right direction for GN Savings & Loans, to enable the institution to better meet customer needs with functions which hitherto they are not mandated to perform.