OmniBSIC Bank receives ¢130m GAT support

OmniBSIC Bank has received 130 million cedis from the Ghana Amalgamated Trust (GAT) Limited to shore up its finances in meeting the 400 million-cedi minimum capital requirement for commercial banks in Ghana.

It is among five well-run but solvent Ghanaian-owned banks selected to benefit from the 2 billion cedi GAT support because they had difficulties in meeting the new minimum capital requirement of the Bank of Ghana that took effect from January 2019.

In addition to the financial support, GAT is also providing business development support for the banks to facilitate and strengthen their corporate governance and growth.

A statement issued by OmniBsic said the receipt of the money this year completes the final step in meeting the 400 million cedis required of commercial banks in the country.

“This comes as good news for the bank and its customers and further underscores the confidence that the Bank of Ghana has in OmniBSIC bank,” the statement said.

The bank meanwhile says it has intensified safety measures on the back of the outbreak of coronavirus and encouraged its clients to use the bank’s electronic channels in transacting businesses.

These measures, it said are geared towards ensuring protection of its employees, customers and general public while providing great and innovative financial services.

“As a truly customer focused bank, the well-being of our customers, staff and the general public remains the bank’s utmost priority. Bearing this in mind, it continues to amplify its efforts via the following measures to help in the in fight against Covid-19,” it said.

In ensuring social distancing protocols as has been advised by health experts, the bank said not more than six customers are allowed inside a branch at any given time.

Also, it said logistical support to help protect staff and customers have also been provided by the bank to front line staff in the execution of their duties.

“These include gloves, hand sanitizers, rubbing alcohol, face masks, and temperature guns for all branches. To help customers maintain hand hygiene, the bank has installed hand sanitizers at all its ATM outlets,” it said.

OmniBSIC Bank however said its COVID-19 response places emphasis on the need for customers to utilize the bank’s e-banking channels including telephone, mobile and internet banking channels in addition to cards services for transactions to minimize the risk of infection by physical contact.

“The Bank has recently enhanced its mobile banking service to include bank account to wallet, wallet to bank account, direct merchant payments, funds transfer and many other transactions to make it unnecessary for clients to make physical transactions,” it said.

By 3news.com|Ghana