Page 17 - ACCESS ANNUAL REPORT 2019

In deepening our wholesale banking business, we have reorganized our business to consolidate our market share through strategic partnerships and access to new mar ets. Our unprecedented partnerships with airline giants, Emirates, for the launch o a travel credit scheme du ed ly ow Pay ater’ service and with German development partners DEG and A , or a speciali ed financial solutions des or Ghanaian ased German firms and local indi enous firms, ormed the ma or hi hli hts o our year.
We also pursued our digitization strategy strongly by unveiling value additions on our digital banking products. Our hu ely success ul SSD o ile banking service (*901#), was enhanced with capabilities allowing salaried customers to apply for instant payday loans on the ac o this service. or our trade customers, we made it possible for them to remit money from the Access Mobile App to the rest of Africa and beyond using the AccessAfrica money transfer product, as we opened up new corridors.
Looking Forward
remotely as part o the Central Ban ’s o ective o uildin a cashless economy.
We also intend to place greater emphasis on growing our wholesale and retail franchise, cost discipline and proactive risk management as key drivers for enhanced bottom-line growth as we deal with the economic uncertainties.
With the support of our Board and parent company, Access Ban Plc, our mana ement team and employees, we have built an exceptional organization that is one of the most trusted and respected financial institutions in Ghana. heir dedication, fortitude and perseverance continues to ma e us thrive.
Esteemed shareholders, I seek your support as always or the next phase o our ourney to uild Ghana’s ost Respected Ban . Guided y our solid strategy, I believe that Access Bank Ghana is ready and well equipped to deliver sustainable long-term success and ta e the lead in 2020 and eyond.
Thank you
Olumide Olatunji
We see many opportunities in the market and are retuning our business to meet both present and future demands in a manner that helps us remain competitive.
hile mana in the current health crisis is the first priority for us, we shall seek to prepare ourselves adequately for the anticipated mid and long term ripple effects on the industry and the macro economy. Our history as a Ban has een that o a company that thrives and blossoms out of adversity and we believe that this will not be any different.
We anticipate that gradual shifts triggered by CO ID 19 in many areas such as cashless payments, will now accelerate to become a more immediate ehavior chan e. As a di itally led an , we are confident o ma in si nificant strides in helping customers adopt to new ways of banking
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driving sustainable
Annual Report
growth through innovation