The new East Legon branch being commissioned
Heritage Bank, a wholly-owned Ghanaian bank, has inaugurated its second branch at East Legon, a suburb of Accra, as part of its expansion drive.
Speaking at the opening ceremony of the East Legon branch recently, Managing Director of Heritage Bank Ghana Limited, Patrick Fiscian, said the new branch will pave the way for other openings across the country.
Heritage Bank Limited obtained regulatory approval from the Bank of Ghana (BoG) to commence business operations as a universal bank and opened its first ultramodern branch at Accra’s Airport City, which also serves as its headquarters.
According to Mr Fiscian, the bank would provide unique products to its customers to help their businesses grow.
He indicated that they would provide loans to private sector at relatively cheaper rate to help expand their operations.
“Currently, we provide one of the lowest rates on loans, and I believe this is good for the industry since access to credit is important for the growth of businesses,” he pointed out.
The MD observed that the bank’s mission is to offer world-class banking services and create convenience for their customers to help them fulfill their goals and aspirations.
He further noted that the bank would focus on investing in highly skilled people and world-class technology to offer robust and safe services to customers.
With regards to meeting the Bank of Ghana’s new capital requirement, he stated that even though the figure has not been quoted yet, the bank was optimistic of meeting it.
He pointed out that Heritage Bank has a long-term plan to provide good rates for players in various aspects of the economy.
Head of Banking Supervision at the Bank of Ghana, Raymond Amanfu, who graced the occasion, urged the bank to spread its tentacles across the country.
Mr. Amanfu also reminded banks to adhere to the Bank of Ghana’s anti-money laundering laws.
Heritage Bank offers Personal, Private, SME and Corporate Banking services, and is set to roll out technological industry firsts to ensure customers’ needs are met in a way that conforms to the growing digitized world.
The bank, as part of its proposition to make life more convenient for customers, offers extended banking hours from 8:30am till 6:00pm.
By Melvin Tarlue