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Banking institutions urged to beef up security
Aflao (V/R), June 30, Ghanadot/GNA-Banking institutions were
on Monday tasked to beef up security in and round their
premises to curb the upsurge of armed robbery.
Mr. Justice Cudjoe, District Chief Executive Officer, Ketu
South further urged banking institutions to take steps to
protect customers from being robbed.
The advice comes in the wake of the latest bank robbery
which took place at Madina, Accra reported in the media
barely a fortnight ago.
Mr Cudjoe gave the advice at the inauguration of the United
Bank for Africa (UBA) Ghana Limited at Aflao in the Volta
Region.
The opening of the Aflao branch brings to 16, the total
number of branches established since 2005 when the bank
entered the banking sector in the country.
UBA, one of West Africa’s largest financial services group
with assets in excess of 14 billion US dollars now boast of
six million customers across the sub-region.
The District Chief Executive Officer recounted the stiff
competition in the banking sector in ensuring the growth of
several companies established by groups and individuals and
encouraged them to come out with more innovations to retain
and attract more customers.
Mr. Cudjoe expressed delight that the UBA selected Aflao as
the first district in the region to commence business and
assured them of mutual cooperation between the bank and the
assembly, adding; “we would ensure that the bank operates a
congenial environment.”
The District Chief Executive Officer announced that in
August 1, this year, President John Agyekum Kufuor would cut
the sod to commence the construction of the Aflao/Akatsi and
Akasti/Dzodze roads.
He appealed to the communities whose buildings would be
demolished during the exercise to bear with the contractor
to ensure smooth work.
Togbui Amenya Fiti V, Paramount Chief of Aflao Traditional
area, called on the bank to be committed in providing first
class customer services and ensure that staff was motivated
to carry out the bank’s mandate.
Togbui Fiti also asked the bank to provide import and export
financial services as well as business advisory services to
enable the bank to achieve its mission of “democratizing”
banking services in the country.
“The Aflao community of ours is one that improves from
generation to generation and the UBA management will never
regret investing here,” he remarked.
Mr Nnamdi Okonkwo, Managing Director, UBA, Ghana Limited
said the opening of the Aflao branch was significant and an
important landmark event in the history of UBA Ghana.
According to Mr Nnamdi, the move was also in line with the
bank’s commitment to build Africa’s global bank.
The Managing Director said the bank had developed an
international money transfer product known as the
“Afritrade” which would facilitate the transfer of money in
Africa.
He encouraged salaried workers and working professionals to
take advantage of the banks “No Wahala Loan, Executive Loans
and Special Overdrafts,” which they could spend and pay
later.
He said the bank was an active participant of the recently
introduced National Payment System known as the E-zwich,
saying with E-zwich smart card their customers could
transact business from any location.
Mr Charles Odonkor, Divisional Head, Retail and Commercial
banking UBA (Ghana) Limited said the opening of the Aflao
branch afforded the bank the opportunity to bring its
revolutionary banking ideas within the reach of everybody in
the border town.
GNA
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