Traders advised to bank their money for safety as Asokore Mampong Community Bank opens at Adum
Asokore Mampong Community Bank opened its Adum branch in Kumasi. Nana Opoku Dwobeng II, the Adwumfourhene of Otumfuo, spoke at the commissioning, advising Ghanaians, especially business owners, to deposit their earnings in banks for safekeeping instead of keeping them at home. He stated, "During the recent floods in Accra and the Central Region, we saw how people lost everything, including money they had kept in their homes." He stressed that banks are safer and help in growing the economy.
Nana Opoku Dwobeng II also noted that banking money promotes accountability and provides businesses access to loans and other financial services for expansion. He urged traders and entrepreneurs to save with banks and mobile money platforms and called on the government and financial institutions to continue public education on financial inclusion. Francis Nantwi, the Chief Executive Officer of Asokore Mampong Community Bank PLC, advised bank customers to be vigilant when using digital channels to avoid fraud, referencing recent complaints from customers of other financial institutions about scams.
Quick Summary
Ghanaian business owners are being encouraged to deposit their earnings in banks for safety and economic growth. This initiative aims to protect
Summary - read the full story for complete context.

Image: MyJoyOnline
GhanaFront aggregates news from trusted sources. Click to read the original article.
Keywords
Explore related tagsMore from MyJoyOnline
Related Stories
More from Business & Economy

National clean-up exercise: BoG Governor urges traders to keep cedi notes clean
Discover why the Bank of Ghana's top officials are linking currency cleanliness to national well-being and what this means for traders.
13h ago•2 min read

Collective action key to tackling financial sector fraud - BoG
A new report from the Bank of Ghana reveals evolving fraud trends in the financial sector, prompting calls for a united front against these growing
1d ago•4 min read

DBG launches women's lending programme to boost female-led businesses
DBG's new programme targets a crucial economic segment, but what specific challenges does it aim to overcome for women-led businesses?
7h ago•3 min read

PIAC warns global energy transition policies adoption could threaten Ghana's petroleum industry
Could a one-size-fits-all global energy transition strategy jeopardize Ghana's vital petroleum sector?
10h ago•2 min read





