First Atlantic Bank Opens More Branches

Karen Akiwumi-Tandoh, MD/CEO Odun Odunfa and Pastor Raymond Acquah cutting the tape to open the Ring Road Central branch

First Atlantic Bank formally opened its Dzorwulu and Ring Road Central branches to the public on Tuesday.

Karen Akiwumi-Tandoh, Board Chair of the bank, said nearly five years ago after the receipt of a universal banking licence and a lengthy rebranding process, First Atlantic Bank continues to deliver on its promise of bringing its unique style of banking to the doorsteps of its customers.

“Indeed, five years ago in 2012, we boasted of a modest 7 branch footprint. With the opening of our Dzorwulu branch this morning, as well as this branch, the Ring Road Central branch, we bring the FAB footprint to a network of 25 brick and mortar channels.

Yesterday, it opened another branch at the Market Circle at Takoradi bringing the number to 26.

Mrs Akiwumi-Tandoh said the objective of the bank is to grow its network to 31 branches by the end of 2017, “and so this year we will see expansion into Kasoa, Techiman, Madina, and Tamale, and an additional outlet in Osu off the Ring Road.”

Apart from the bank’s bouquet of six different savings products, she announced its electronic banking suite of services which includes internet banking, mobile banking, PoS channels, cards i.e. local pre-paid, Visa Debit and Prepaid, Mastercard Debit, as well as American Express Cards.

“But most importantly all of our electronic services are covered by the internationally acclaimed PCIDSS security certification.”

To provide the Ghanaian Diaspora with options to send money back home to family and friends and for the purpose of investment, First Atlantic Bank has partnered seven International remittance service providers.

They include MoneyGram, Western Union, Ria, Small World, Transfast, Money Exchange and Unity Link.

The proud three-time winner of Best Bank in Customer Care at the annual Banking Awards, First Atlantic Bank offers its clients commitment to service, excellence and customer satisfaction…otherwise known as the “purple experience.”

Raymond Amanfu, Head of Banking Supervision at the Bank of Ghana, commended the bank for its exploits, and advised that it should continue to be a beacon for making banking attractive to Ghanaians.