FBNBank's Abossey Okai location resumes operations

FBNBank's Abossey Okai location resumes operations

FBNBank Ghana, a member of the First Bank of Nigeria Limited Group, has opened a new branch in the heart of Abossey Okai, Ghana's bustling spare-parts enclave. This move marks the bank's 23rd branch in the country and a significant step towards making banking services accessible for all Ghanaians.

In an interview, Mr. Victor Yaw Asante, Managing Director/CEO of FBNBank, highlighted the bank's commitment to keeping customers and other stakeholders at the heart of its operations. The new branch, designed with an exciting external aesthetic and a customer-friendly interior, is specifically tailored to cater to Small and Medium Enterprises (SMEs) and residents.

The FBNBank Abossey Okai Branch offers a wide range of universal banking services to individuals and businesses in Ghana. For SMEs, the branch provides a touchpoint that focuses on supporting Ghana's economic growth by serving this vital segment.

## Services Tailored for SMEs

The Abossey Okai branch offers various products and services designed to meet the unique needs of SMEs. These include:

1. Business Accounts: Current accounts for SMEs provide easy access to funds and payment facilities, while savings accounts help SMEs grow their reserves with competitive interest rates. 2. SME Loans and Financing: FBNBank offers a variety of loans, such as working capital loans, asset financing, trade finance, SME term loans, and more, to support SMEs' daily operations and growth. 3. Payment and Collection Solutions: The bank provides Point of Sale (POS) services, mobile banking for SMEs, bulk payment services, and internet banking to facilitate seamless transactions and improve efficiency. 4. Digital Banking Services: FBNBank offers secure online platforms for account management, fund transfers, and transaction tracking, as well as SMS alerts for real-time notifications. 5. Advisory and Support Services: The bank offers business advisory, financial education workshops, and seminars to help SME owners manage their finances and access credit facilities more effectively. 6. Other Specialized Services: Collateral management, insurance products, and merchant services are also available to SMEs, ensuring comprehensive support for their business needs.

## Accessing FBNBank's SME Services

Customers can visit the FBNBank Abossey Okai branch directly for personalized consultations, contact the SME desk via phone or email, or utilize the bank's digital platforms to explore products and initiate applications remotely.

Mr. William Amon Neequaye, Head of Commercial Banking at FBNBank, emphasized the bank's aim to deliver the gold standard of value and excellence to SMEs, traders, and personal account holders. By placing customers at the heart of its operations, the FBNBank Abossey Okai Branch aims to work together with its clients to achieve success.

With the opening of the new branch, FBNBank has extended its network and moved closer to one of its key segments, SMEs. The bank remains focused on increasing its contribution on several fronts, providing a boost to Ghana's economy and offering unparalleled banking services to its clients and customers.

1. FBNBank's new branch in Abossey Okai, Ghana offers a wide range of universal banking services, including specialized products and services tailored for Small and Medium Enterprises (SMEs), such as business accounts, SME loans and financing, payment and collection solutions, digital banking services, advisory and support services, and other specialized services like collateral management, insurance products, and merchant services.
2. For the growth of SMEs, FBNBank provides a variety of loans, including working capital loans, asset financing, trade finance, and SME term loans, designed to support their daily operations and expansion.
3. The FBNBank Abossey Okai Branch also offers current accounts for SMEs that provide easy access to funds and payment facilities, and savings accounts with competitive interest rates to help SMEs grow their reserves.
4. To facilitate seamless transactions and improve efficiency, the branch provides Point of Sale (POS) services, mobile banking for SMEs, bulk payment services, internet banking, and secure online platforms for account management, fund transfers, and transaction tracking, as well as SMS alerts for real-time notifications.
5. FBNBank offers business advisory, financial education workshops, and seminars to help SME owners manage their finances and access credit facilities more effectively, in addition to various insurance products and merchant services catering to their specific needs.

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