Bayport marks two decades of driving financial inclusion in Ghana

Bayport marks two decades of driving financial inclusion in Ghana

Bayport Savings and Loans Plc, has marked 20 years of driving financial inclusion in the country, with a commitment to further enhance its operations.

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Speaking at the anniversary launch, the Chief Executive Officer of Bayport Savings and Loans, Akwasi Aboagye, reiterated the company's unwavering commitment to its vision of empowering individuals and improving livelihoods.

“My team and I remain more focused than ever on leading the “deduction at source” lending and savings and fixed deposit investments sectors of the financial services industry,” he assured.

Amidst the prevalent macroeconomic challenges and its consequential impact on the financial sector, Mr. Aboagye resolutely affirmed that Bayport had successfully charted a resilient course that guarantees sustained growth in the foreseeable future. 

He said the company remains unwavering in its commitment to providing access to essential financial services for Ghanaians.

Mr Aboagye also highlighted the company's transformation into a fully digitized and interconnected financial services provider. 

This strategic shift he said had enabled Bayport to meet the evolving needs of its customers more effectively and efficiently.

“We firmly believe that we can enhance our operations further, leveraging advancements in technology and automation to become a fully dynamic enterprise. Throughout this evolution, we remain steadfast in upholding the highest levels of security, transparency, customer service, risk management, and ethics,” he added.

The CEO further conveyed the company's unwavering commitment to promoting financial inclusion by providing tailored loan and investment products that empower individuals and contribute to their financial well-being. 

"Bayport aims to serve as a catalyst for positive change, striving to make a meaningful impact in the lives of its esteemed customers.

“While we have come a long way, our journey is far from over. There is still much to be accomplished, and we are committed to building a customer-centric, resilient, and sustainable business,” he noted.

He applauded the board, management, and all stakeholders for their unrelenting dedication and support that has pushed the sustained growth of the company over the past two decades.

Head of Supervision at the Bank of Ghana, Osei Gyasi, for his part, commended the leadership of Bayport for the significant role they continue to play in driving financial inclusion in the country, especially in the provision of loans to public sector workers.

He further applauded the company’s remarkable journey in the domestic financial sector over the years whilst encouraging them to explore innovations that will sustain growth and profitability.

The 20th-anniversary celebrations are on the theme “Bayport Savings and Loans: Celebrating 20 years of needs met, opportunities created, plans accomplished, hopes realized and dreams fulfilled.”

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