Absa ghana

Absa Bank has demonstrated its commitment to supporting Ghanaian small businesses by donating GH¢150,000 to support traders affected by the devastating fire on January 2. The donation comprised GH¢100,000 in cash and GH¢50,000 worth of roofing sheets to aid rebuilding efforts of the traders. The brief presentation at the Kantamanto market was attended by officials of Absa Bank and representatives of all the trading associations in Kantamanto. Kobla Nyaletey, Executive Director, Retail and Business Banking, at Absa Bank Ghana, during his remarks, expressed deep sympathy for the traders’ losses and emphasised Absa Bank’s proactive support. Mr Nyaletey outlined three key initiatives for the traders: a donation of GH¢150,000, offering loans to traders at a favorable 10% interest rate, and establishing an Absa presence within Kantamanto Market to facilitate seamless transactions. The Director of SME, Agency Banking, and Partnerships at Absa Bank, Audrey Abakah, also highlighted the bank’s commitment to supporting traders through innovative financial solutions. “As a bank that cares and seeks to empower Africa’s tomorrow, we could not sit idly by but felt compelled to meet with the executives of the Second-Hand Used Clothing Association to make a donation and present specially designed packages for wholesalers and traders.” Dr. Joseph Obeng, president of the Ghana Union of Traders Association (GUTA), expressed gratitude for the bank’s swift intervention, saying, “We thank Absa for listening to our cry and coming to help us. “Absa has once again proven to be a friend of traders. The support Absa has given us today shows the integrity of the bank.” “We will use the money to rebuild Kantamanto and not for anything else,” added Dr Obeng. One person died, while 14 were injured following the fire, whose cause is under investigation. More than 7000 shops with their content were destroyed with more than 30,000 traders affected. Source: GNA

Plan your next chapter with an Absa Savings Account Use a debit card for your transactions on this interest-bearing account and enjoy the convenience of free digital services that make your banking more accessible. Debit card with travel insurance cover of up to GHS100,000 Interest calculated daily and paid monthly Increased savings lead to more interest No maintenance fees Minimum operating balance: GHS50 Up to 2 free withdrawals per month (extra withdrawals cost GHS5) Open account onlineResume application Documents required Resident Ghanaian Ghana Card (front and back) Proof of residence (any of the following) Ghana Post digital address (should be same as on your Ghana Card) - Utility bill in applicant's name (not more than 3 months old) OR - Tenancy agreement with utility bill OR - Local government rate document OR - Bank statement containing current address (not more than 3 months old) OR - Introductory letter from an existing Absa customer who has known the applicant for more than 1 year (appendix A) Proof of employment (for only salaried applicants) evidenced by: - Payslip (not more than 3 months old) OR - Employment contract OR - Employer introductory letter OR - Social security extract Ghanaian living abroad Valid passport (bio data page) or Ghana Card (front and back) Address confirmation (any of the following): - Utility bill in applicant's name (not more than 3 months old) OR - Social security statement OR - State ID with applicant's address OR - Driver's licence with applicant's address OR - Bank statement containing applicant's name and address (not more than 3 months old) Proof of employment (for only salaried applicants) evidenced by: - Payslip (not more than 3 months old) OR - Employment contract OR - Employer introductory letter OR - Social security extract Foreign TIN (mandatory for US persons) Evidence of certification of documents by: - Lawyer OR - Notary public OR - Court of competent jurisdiction Note: Evidence of certification of documents is mandatory for Ghanaians living abroad The person undertaking the certification must be known and capable of being contacted if necessary Foreigners living in Ghana Ghana Card

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