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OmniBSIC Bank holds maiden ‘Figures in Focus’ event

Wed, Apr 2 2025 12:57 PM
in Business, Ghana General News
omnibsic bank holds maiden figures in focus event
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Mr. Daniel Asiedu, Managing Director of OmniBSIC Bank addressing the esteemed audience (2)

OmniBSIC Bank Ghana Limited has successfully hosted its inaugural Meet the Market event, dubbed ‘Figures in Focus’, bringing together captains of industry, key stakeholders, and regulatory authorities, including representatives from the National Pensions Regulatory Authority (NPRA), the Securities and Exchange Commission (SEC), Pension Funds, Institutional Investors, and Customers.

The high-impact session provided deep insights into the bank’s financial standing and strategic direction, reinforcing its commitment to sustainable growth and stakeholder engagement. Participants had the opportunity to interact directly with the bank’s board members and executives, gaining a clearer understanding of OmniBSIC Bank’s performance and long-term vision.

Speaking at the event, Managing Director, Mr. Daniel Asiedu emphasized that the bank’s impressive growth trajectory is the result of deliberate strategy, disciplined execution, and a commitment to sound banking principles. “This level of performance is not coincidental. It is the outcome of meticulous planning, strategic decision-making, and a relentless focus on delivering value to our customers and shareholders,” he stated.

He highlighted key milestones, including the successful recapitalisation in 2021, the bank’s first profit in 2023, and its impressive financial performance in 2024 with a profit of GH¢314 million, doubling the bank’s profit for 2023. The bank’s 2024 results also indicated robust growth in total assets to GH¢9.4 billion, driven by a 70% increase in customer deposits to GH¢8.2 billion, to end the year very liquid and well capitalised. During the same period, the Bank expanded its loan portfolio to GH¢1.03 billion from GH¢580 million in 2023, a growth of 77%, to support business and economic growth.

Mr. Asiedu underscored the bank’s cautious lending approach, balancing sustainable expansion with strong client relationships.

Mr. Daniel Asiedu Managing Director of OmniBSIC Bank addressing the esteemed audience 1

OmniBSIC, Ghana’s fastest growing Bank remains dedicated to enhancing shareholder value, investing in staff development, and fostering diversity within its workforce. “Our responsibility to shareholders is clear—we are building a bank that is financially strong, operationally efficient, and strategically positioned for long-term growth,” Mr. Asiedu affirmed.

Board Chair, Mrs. Teresa Effie Cooke echoed these sentiments, emphasising the bank’s commitment to exceeding customer and stakeholder expectations. A notable achievement in diversity is the bank’s near 50/50 gender balance, underscoring its dedication to equal opportunity and inclusive leadership. “Diversity strengthens our institution, and we remain committed to fostering an equitable workplace where all employees can thrive,” Mrs. Cooke stated.

Looking ahead, OmniBSIC Bank is focused on solidifying its position as a key player in Ghana’s financial sector. Its growth strategy includes; strengthening its capital base, expanding market share, enhancing product and service offerings as well as investing in cutting-edge digital solutions, amongst others. “Our trajectory is clear, and our focus remains on sustainable growth, innovation, and delivering superior banking experiences,” Mr. Asiedu noted.

By continuously improving operational efficiency and embracing financial technology, OmniBSIC Bank is positioning itself to compete at a higher level, ensuring that customers and stakeholders receive exceptional value in the evolving banking landscape in Ghana.

OmniBSIC Bank maiden Figures in Focus

Headquartered in Accra’s Airport City, OmniBSIC Bank serves its customers through a network of 40 branches across Ghana. The Bank also offers a comprehensive suite of products, services, and digital solutions tailored to corporate, SME, and individual needs while actively supporting the communities within which it operates. To deliver exceptional banking experiences daily, OmniBSIC Bank prioritises investment in technology and employee development. This commitment is reflected in its rigorous staff selection process and comprehensive capacity-building programs.

OmniBSIC Bank has undergone a comprehensive transformation, showing improvements across all parameters—including financial performance—while achieving numerous successes and receiving multiple recognitions including, the Most Customer-Centric Bank (CIMG, 2022), The Fastest-Growing Corporate Bank in Ghana (Global Banking and Finance Awards, 2023), The Best Bank in Ghana (Ghana Business Awards, 2023), Bank of the year (Ghana Business Standard Awards, 2024), SME Bank of the Year (Ghana Credit Excellence Awards, 2024), Best Ghanaian Owned Emerging Band (Made-In – Ghana Awards, 2024) as well as Best Corporate Bank, Ghana ( Global Banking and Finance Awards, 2024). The Bank is currently ranked as the 29th best company in Ghana by GIPC’s Ghana Club 100.

DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.

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