Page 36 - ACCESS ANNUAL REPORT 2019

INVESTMENT BANKING
Our Investment Banking group is made up of both the Treasury and Financial Institutions units of the Bank. During the year in review, both units played vital roles in improvin the Ban ’s financial performance.
TREASURY
Focus
Fixed Income: he fixed income des is responsible for the trading of government securities and bonds in the secondary market. It also makes purchases in the primary market.
Currency Trading: Currency Trading spearheads the purchase and sale of foreign currencies to and from customers and/or the interbank market.
Assets & Liability: The Assets and Liability desk manages the liquidity position of the Bank. It also oversees all money market transactions as well as ulfillin all reportin o li ations to the Central Bank.
Highlights
• The treasury team supported our customers through provision of high yielding investments, foreign exchange and liquidity management solutions. This assisted our customers to navigate the tur ulent financial sector.
• he team’s hi hly competent and dynamic staff also optimi ed the an ’s alance sheet to drive profita ility while ensurin that interest rate, exchange rate and liquidity risk was managed in line with the Bank’s risk appetite.
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• Over the years, the team has forged strong relationships with local and international counterparties to provide exi ility and scale to support the diverse needs of our customers at optimal cost while maximi in shareholder’s wealth.
• In 2019, the Treasury team was a dominant player on the Ghana Fixed Income Market (GIFM) and was adjudged as one of the highest ranking Banks based on market share of secondary market volumes traded.
These successes were achieved through the deployment of innovative products and services including FX swaps, foreign exchange spot and forwards, repurchase agreements and structured funding solutions.
FINANCIAL INSTITUTIONS
The Financial Institution Team focuses on providing cutting edge solutions to Non-Bank Financial Institutions and Commercial Ban s authori ed y various regulators such as Bank of Ghana, the National Pensions Regulatory Authority, and Securities & Exchange Commission. The team offers financial advisory, transactional services as well as corresponding banking services to these institutions:
Annual Report
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