The Agricultural Development Bank PLC (ADB) and Ghana International Bank (GHIB) have reaffirmed their commitment to strengthening cooperation in international banking, trade finance and cross-border financial services to support Ghanaian businesses and accelerate economic growth.
This followed a courtesy call by the new Managing Director of GHIB, Ian Greenstreet, on the Managing Director of ADB PLC, Edward Ato Sarpong.
The high-level engagement provided an opportunity for the two institutions to review their existing relationship and explore new areas of collaboration aimed at improving access to international financial markets, facilitating trade transactions and providing innovative funding solutions to businesses.
Discussions focused on strengthening correspondent banking arrangements, trade finance, treasury services, foreign exchange transactions, international payments, and other financial solutions required to support Ghana’s growing import and export sectors.
Welcoming the delegation, Mr. Ato Sarpong expressed appreciation to the GHIB Managing Director for the visit and underscored the importance of strategic partnerships between domestic banks and reputable international financial institutions.
He noted that ADB’s ongoing transformation requires strong partnerships capable of connecting its customers to global markets and providing the financial solutions needed to expand their operations.
According to him, international banking partnerships are particularly important for businesses operating in agriculture, agribusiness, manufacturing, commodities, infrastructure and other productive sectors of the economy.
“ADB remains committed to supporting businesses across the entire value chain and creating opportunities that extend beyond Ghana’s borders,” the ADB MD stated. “Our collaboration with Ghana International Bank will strengthen our ability to facilitate international trade, support our customers and provide innovative financial solutions that contribute to sustainable economic growth,” he added.
He said ADB would continue to leverage strategic relationships with international institutions to improve its service offerings, expand access to global financing and support businesses seeking to participate competitively in regional and international markets.
Mr. Ato Sarpong further emphasised that the Bank’s renewed strategic direction is focused on building a strong, resilient and customer-centred institution capable of delivering value to shareholders, customers and the wider Ghanaian economy.
On his part, Ian Greenstreet (GHIB MD) commended ADB for its significant contribution to Ghana’s financial sector and its longstanding role in supporting agribusiness and commercial activities.
He reaffirmed GHIB’s commitment to working closely with ADB to deepen trade finance cooperation and develop financial solutions that address the evolving needs of businesses.
Mr. Greenstreet noted that GHIB remains strategically positioned to facilitate trade flows, international payments and investment between Ghana, the United Kingdom and other global markets.
He indicated that the Bank was prepared to leverage its international network, market expertise and financial capabilities to support ADB’s customers and contribute to the growth of Ghanaian enterprises.
“We remain committed to working with ADB to provide efficient international banking and trade finance solutions that enable businesses to grow and compete effectively,” the GHIB MD said.
The courtesy call ended with a shared commitment to translate the discussions into practical initiatives.
The engagement marks another significant step in ADB’s drive to leverage strategic local and international partnerships that support its ambition of becoming a leading financial institution while delivering on its promise of going beyond traditional banking to create lasting value for customers and the Ghanaian economy.
source:www.senaradioonline.com
