Absa to remain significant Tier-1 bank

Absa Bank will remain a significant player in the Ghanaian banking industry.

Absa which until this morning was Barclays is a top-notch tier one bank.

According to the Managing Director of the Bank, Abena Osei-Poku, her outfit which has been the most profitable in the industry for the past three years, is a major financier and contributor to key sectors of the Ghanaian economy, including agriculture, education, health, industry and infrastructure among others.

Under the Absa brand, he added the bank has reiterated its commitment to remain a significant player in the financial services sector and the country’s economic development.

“Today, we begin a new chapter as Absa Bank Ghana Limited, while we retain our 100-year heritage of indelible commitment to Ghana’s economic growth. Our new brand demonstrates our commitment to building a bank that is centred on growth for our people through the provision of financial resources, services and opportunities that connect their dreams to possibilities,”

“As one of Africa’s top three largest banks, backed by a large capital base and balance sheet, we will continue to play a leading role in Ghana’s development agenda while we remain focused on serving Ghanaians with quality groundbreaking financial services and safe investments for their hard-earned money. Our destiny is tied to that of our country and our commitment to Ghana is absolute,” she emphasised.

Meanwhile, customers account details and the bank’s branches will remain same despite the change of the name.

Barclays branded cards will also continue to work as normal until their date of expiry.

Cheque books will however ceased to exist after 10 August, 2020.


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