GCB Bank PLC, Ghana’s largest indigenous bank, organized an event aimed at enhancing the capabilities of Small and Medium Enterprises (SMEs) in navigating the digital landscape. Held at Wesley Towers in Accra, the seminar themed "Empowering Growth: Optimizing People & Resources for the Digital Era" drew a diverse audience of business owners eager to leverage digital solutions for growth.
The keynote address was delivered by Sam Aidoo, Executive Head of Wholesale & Investment Banking at GCB Bank, who underscored the importance of SMEs in driving economic growth. Mr. Aidoo emphasized the bank's strategic shift towards increasing investments in SMEs, aiming for 45% of its portfolio to be directed towards SMEs in the coming years. He stressed the need for closer collaboration between the Bank and SMEs to better understand and address their challenges.
Managing Director of GCB Bank, Mr. Adomakoh, reiterated this commitment in his speech, highlighting SMEs as pivotal to Ghana's economic development. "If this economy is going to grow, it's going to come from businesses like you," he remarked, signaling GCB Bank's proactive stance in supporting SMEs through tailored financial solutions.
The seminar also featured insightful presentations by industry experts. Dr. Maxwell Ampong, CEO of Maxwell Investments, provided a comprehensive overview of global SME trends with a focus on digital advancements. Nana Konadu Boateng from DBG spoke on the Ghana Integrated Financial Ecosystem (GIFE), illustrating its role in enhancing financial inclusivity and efficiency.
Eric Coffie, Chief Digital and Marketing Officer of GCB Bank PLC, showcased the Bank's array of digital banking products and services designed to empower SMEs in managing their finances seamlessly. Additionally, Carl Ashie, Head of TB Implementations & Client Access, delved into GCB Bank's transactional banking services, offering practical insights into optimizing financial operations.
Trade Sales Manager, Yvonne Enam Seshie, highlighted GCB Bank's integration of the Pan-African Payment and Settlement System which underscores the Bank's commitment to fostering regional financial connectivity.
Closing the event, Sonny Opoku, Acting Head of Commercial Banking at GCB Bank, delivered closing remarks expressing optimism about the future collaborations between the Bank and SMEs, emphasizing sustained support for their growth ambitions.
The seminar concluded with participants expressing appreciation for the valuable insights shared, affirming their readiness to embrace digital solutions to propel their businesses forward.
