CAL Bank to compete on world market

Business News of Thursday, 8 January 2015

Source: Graphic Online

CAL Bank Ltd

CAL Bank is taking strategic steps to cushion the bank to enable it to compete favourably on the world market, in spite of the challenges it faced in 2014, the Managing Director, Mr Frank Adu Jnr, has said.

He said the bank was also working on introducing new products to improve its business in the country.

Mr Adu said this at a cocktail party held for its customers in Accra.

The event is held annually to create the environment for interaction, sharing and exchanging of ideas and providing clients with the necessary information on banking services.

Mr Adu expressed optimism that with the current appreciation of the cedi to the dollar, there was hope that the economy would do well if the central bank continued to develop strategies to promote it.

He assured clients that the bank would continue to develop opportunities to create value for money and said shareholders of the bank would continue to enjoy numerous benefits.

At the macro-level, he said the country would experience some difficulties, adding that that notwithstanding, opportunities would be made for customers to do business.

The occasion was used for a raffle draw for customers and prospective customers to win prizes, including flat screen television sets, smart phones, iPads, hampers and other souvenirs and gift vouchers.