Karen Akiwumi-Tanoh, Board Chairperson of the bank (extreme left) supported by Daniel Addo, Executive Director of the bank, to welcome invited guests into the new banking hall.
Karen Akiwumi-Tanoh, Board Chairperson of the bank (extreme left) supported by Daniel Addo, Executive Director of the bank, to welcome invited guests into the new banking hall.

First Atlantic Bank Limited, which has embarked upon an aggressive expansion drive this year, has opened a new branch at the North Industrial Area.

Karen Akiwumi-Tanoh, Board Chairperson of the bank (extreme left) supported by Daniel Addo, Executive Director of the bank, to welcome invited guests into the new banking hall.
Karen Akiwumi-Tanoh, Board Chairperson of the bank (extreme left) supported by Daniel Addo, Executive Director of the bank, to welcome invited guests into the new banking hall.

Since 1995, First Atlantic Bank has been operating in Ghana as a merchant bank and would be celebrating its 20th anniversary next year.

Business24

Gabriel Edgal, Chief Executive Officer (CEO) of First Atlantic Bank Limited, in a speech, said with the receipt of a universal banking licence, new capital injection, a new lease of life was breathed into the old First Atlantic Merchant Bank.

?In fulfillment of our new brand aspirations, the bank commenced a number of initiatives among which were staff skills upgrade, process re-engineering, product expansion which included introduction of retail and consumer banking products such as prepaid and debit cards, internet banking, six different savings accounts and remittance products, robust payments and collections platform.

He said First Atlantic Bank has also partnered six international remittance service providers ? Money Gram, Western Union, Ria, Small World, Transfast and Money Exchange to provide Ghanaians in the Diaspora with options to send money back home to family and friends and also for investment.

?Our principal objective is to become the bank of choice in Ghana and beyond by creating an institution that competes effectively in the local and sub-regional financial market place in a manner that showcases the best of our collective talents.

The North Industrial Area offers the following services; corporate, commercial and retail banking, electronic banking, savings bouquet for individuals, retail loans for SMEs, trade/loans for commercial clients, invoice discounting, contract financing, payments and collections and Fix Hedges for corporate customers.

It also undertakes internet banking, mobile banking, electronic alerts and e ? statements, local pre-paid, Visa Debit and Prepaid, MasterCard and American Express Card.

The bank has been adjudged the Best Bank in Customer Care at the annual Banking Awards on three occasions.

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