Mr. Kwesi Korboe (L), Mr. Daniel Wilson Addo receiving the award from COO of GIRSAL
Consolidated Bank Ghana Ltd (CBG) has been recognised by the Ghana Incentive-based Risk Sharing System for Agricultural Lending Project (GIRSAL), through its Partner Excellence Awards, with the Highest GIRSAL guaranteed Credit of the Year.
The award presented by the CEO of GIRSAL, Kwesi Korboe, to the Managing Director of the CBG, Daniel Addo, was to affirm that the bank won the Partner Financial Institution award as a result of the significant input made into the agricultural sector credit in 2023.
Mr. Addo expressed appreciation to GIRSAL for the award saying, “for us in CBG this is a clear confirmation that we are doing something right. Our collaboration with GIRSAL has been very fruitful. We have very audacious goals that we intend to achieve together with GIRSAL, and this award will spur us to do more.”
He reiterated that CBG’s commitment to the SME and Agric sectors was very significant, adding management had put together a plan to upscale activities in the sectors across the entire value chain of the bank.
He added, “CBG is making an impact in agriculture, and I am glad to say that the collaboration with GIRSAL will deepen this impact.”
He indicated that the partnership has played a key role in enhancing CBG’s capacity within the Agribusiness sector with a focus on technical areas and has created support for over 2500 jobs within the agribusiness value chain. The partnership has also resulted in enlarging the prospect of creating import substitution of rice in line with Government policy to promote made-in-Ghana produce and minimise the dependence of forex on the economy.
A business desk report