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Asantehene urges financial institutions to educate
Ghanaians on need for savings
Kumasi, Feb. 11, Ghanadot/GNA - Otumfuo Osei
Tutu II, Asantehene, has called on financial institutions to
strategise and pursue vigorous campaign in sensitising
Ghanaians on the need to save their monies at the bank.
He said “a lot of money is still being kept at home by
majority of the citizenry due to ignorance about the
advantages of saving with the banks.”
Otumfuo Osei Tutu made the call when Mr Heman Shah, Chief
Executive Officer and some officials of Standard Chartered
Bank, Ghana, paid a courtesy call on him at Manhyia Palace
in Kumasi.
They presented 100 dual desks to the Asantehene for
distribution to basic schools including Adawomase Anglican
Basic School, St. Peters Catholic Basic School, Ashtown MA
Basic School and Afua Kobi Serwaa Ampem Basic School.
Otumfuo Osei Tutu said, it was high time petty traders,
fishermen and farmers were mobilised to save their earnings
with the banks since cash flow at the bank was important for
national economic development.
He noted that the bank had been a close ally of Manhyia
Palace in the execution of development projects in the last
10 years and urged them to work hard to sustain the
friendship.
The Asantehene said, government and the private sector had
the responsibility to create jobs for the youth who
graduated from school, and the banks had to offer loans to
the private sector to create jobs and assist in training the
youth to become good entrepreneurs to utilise loans
properly.
Mr Shah said the bank with its strong performance, still
emerged strong during the financial crisis that had sent
many economic giants sprawling, stressing that the bank was
determined to become the best in Ghana in terms of dealing
with customers.
He said management had therefore evolved many innovative
products and services for the benefit of its customers and
the nation.
GNA
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