Daniel Asiedu
OmniBSIC Bank Ghana Limited has successfully hosted its inaugural Meet the Market event, dubbed ‘Figures in Focus’, bringing together captains of industry, key stakeholders, and regulatory authorities, including representatives from the National Pensions Regulatory Authority (NPRA), the Securities and Exchange Commission (SEC), Pension Funds, Institutional Investors, and Customers.
The high-impact session provided deep insights into the bank’s financial standing and strategic direction, reinforcing its commitment to sustainable growth and stakeholder engagement. Participants had the opportunity to interact directly with the bank’s board members and executives, gaining a clearer understanding of OmniBSIC Bank’s performance and long-term vision.
Speaking at the event, Managing Director, Daniel Asiedu emphasized that the bank’s impressive growth trajectory is the result of deliberate strategy, disciplined execution, and a commitment to sound banking principles.
“This level of performance is not coincidental. It is the outcome of meticulous planning, strategic decision-making, and a relentless focus on delivering value to our customers and shareholders,” he stated.
He highlighted key milestones, including the successful recapitalisation in 2021, the bank’s first profit in 2023, and its impressive financial performance in 2024 with a profit of GH¢314 million, doubling the bank’s profit for 2023. The bank’s 2024 results also indicated robust growth in total assets to GH¢9.4 billion, driven by a 70% increase in customer deposits to GH¢8.2 billion, to end the year very liquid and well capitalised. During the same period, the Bank expanded its loan portfolio to GH¢1.03 billion from GH¢580 million in 2023, a growth of 77%, to support business and economic growth.
Mr. Asiedu underscored the bank’s cautious lending approach, balancing sustainable expansion with strong client relationships.
Board Chair, Mrs. Teresa Effie Cooke echoed these sentiments, emphasising the bank’s commitment to exceeding customer and stakeholder expectations. A notable achievement in diversity is the bank’s near 50/50 gender balance, underscoring its dedication to equal opportunity and inclusive leadership.
“Diversity strengthens our institution, and we remain committed to fostering an equitable workplace where all employees can thrive,” Mrs. Cooke stated.