Absa Financial institution Ghana and the Ghana Nationwide Chamber of Commerce and Business (GNCCI) have partnered to assist Ghanaian companies recognize and reply to the alternatives offered within the 2025 Nationwide Funds.
The fifth version of the Chamber Nationwide Dialogue Sequence was organised by GNCCI in partnership with Absa Financial institution and served as a platform for dialogue on how the non-public sector can strategically reply to the federal government’s price range priorities.
Talking on the occasion, Dr Edward Nartey Botchway, Managing Director of Absa Financial institution Ghana Restricted, stated, “On this local weather, companies should sharpen their worth proposition and stay attuned to coverage course—figuring out the areas authorities prioritises and guaranteeing their choices communicate clearly to nationwide improvement objectives.”
He additionally outlined how Absa Financial institution is positioned to help its clients to benefit from these alternatives, highlighting the financial institution’s SME Mortgage at 10% each year in partnership with the Mastercard Basis, an initiative which has supplied over $84 million to greater than 7,000 SMEs.
He went on to focus on Absa’s broader help for companies navigating the present financial local weather.
These embrace commerce finance and funding banking options that assist companies entry world markets, optimise provide chains, and construction long-term financing.
He additionally referenced the financial institution’s danger administration choices, like forex hedging, to assist companies navigate volatility and defend their margins.
Dr Botchway closed his remarks with a powerful name to companies to take motion, stressing Absa Financial institution’s readiness to help their endeavours.
“On the finish of the day, it’s the actions we take that may make a distinction. Absa stands able to help companies navigating this panorama, guaranteeing they’re outfitted to take full benefit of the alternatives forward.”
The Chamber Nationwide Dialogue Sequence, in partnership with Absa Financial institution, introduced collectively policymakers, lecturers, enterprise leaders and monetary sector representatives to analyse the 2025 Nationwide Funds and discover methods the non-public sector can capitalise on its provisions.
The occasion, held on the Alisa Resort in Accra, featured shows and panel discussions from key figures together with Mark Badu-Aboagye, CEO of the Ghana Nationwide Chamber of Commerce and Business (GNCCI); Clement Osei-Amoako, President of GNCCI; Prof Peter Quartey, Director of ISSER on the College of Ghana; Prof Godfred Bokpin, Professor of Finance on the College of Ghana Enterprise Faculty; and monetary analyst Joe Jackson, Director of Enterprise Operations at Dalex Finance.
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