Deepening financial inclusion: Chinese community to support banks
Chinese businesses in the country are willing and ready to support banks in the country in their bid to deepen financial inclusion, President of the China/Ghana Chamber of Commerce, Tang Hong, has said.
Advertisement
With financial inclusion being high on the agenda of the government and the financial sector in Ghana, he said Chinese investors stand ready to support local banks to deliver seamless and convenient banking services that would engender financial inclusion.
Speaking at the maiden Chinese Business Seminar organised by OmniBSIC Bank, Mr Hong said: “As the President of the Chinese/Ghana Chamber of Commerce, I speak for all Chinese businesses in Ghana and I can assure you that we are willing and ready to partner local banks to collectively advance the agenda of financial inclusion.”
“We need to collaborate as we collectively strive towards a future defined by shared prosperity, friendship and unity between Ghana and China,” he stated.
He said easy and convenient banking echoed deeply with evolving preference of modern consumers in an increasingly digitised World.
“As we navigate the complexity of this revolution by technology advancement and changing consumer behaviours, it is important for the banks and financial institutions to offer seamless user-friendly and accessible services,” he said.
Significant milestone
Commenting on the seminar, which was held on the theme “Banking with Ease”, Mr Hong, who is also the Chairman of the Ghana Association of Chinese Societies, said the maiden seminar marked a significant milestone in the relationship between the two countries, as it allowed them to deliberate on pertinent issues affecting their economic cooperation and the pivotal role of the Chinese community in Ghana’s development landscape.
He said China’s unwavering support for Ghana’s socio-economic advancement was amplified through investments in oil refineries, power plants, ceramic, steel and aviation, which had all played pivotal roles in ensuring sustainable growth and development of the various sectors of the economy.
“As we gather here today, it is important to reflect on the historical trajectory of the Ghana/China relationship, characterised by the legacy of shared aspirations for progress and prosperity.
“Since establishing our diplomatic ties in the 1960s, our relations have been marked by mutual respect and cooperation in pursuit of a common goal,” he stated.
He emphasised that the Chinese community in Ghana, which was made up of entrepreneurs and skilled personnel, had made an indelible contribution to the socio-economic fabric of the country.
The Managing Director (MD) of OmniBSIC Ghana, Daniel Asiedu, in his welcome address, said the seminar was a testament to the vibrant and ever-growing ties between the bank and the flourishing Chinese business community.
He said the seminar embodied a commitment to fostering mutually beneficial relationships and providing valuable insights into the environment and tax regime in Ghana.
He noted that Chinese economic prowess and entrepreneurial spirit had captivated the world, driving innovation, investment and collaboration on a global scale.
“As we gather here today, we recognise the immense opportunities that lie ahead and it is our collective endeavour to navigate them with foresight, resilience and integrity.
“We aim to facilitate meaningful discussions, share valuable insights and forge connections that will empower you to thrive in an ever-evolving business environment,” he stated.
He said the seminar was also aimed at encouraging each other to seize the opportunities presented by the economic cooperation.
“Let us engage wholeheartedly in the discussions and forge lasting connections that will propel our businesses to new heights. Together let us embark on this journey of innovation and prosperity,” he said.
