Equity Savings And Loans Launched

Abena Osei Asare (middle) flanked by other guest after the unveiling

Equity Savings and Loans Limited, formerly Brace Capital, was officially launched on Wednesday.

The company, a wholly indigenous full-fledged savings and loans company, is one of the fastest growing financial institutions in the country.

Kwaku Owusu Manu, Board Chairman, Equity Savings and Loans, said the company would continue to invest in IT infrastructure to continuously improve service delivery to its customers.

“Attractive products will be offered at the doorsteps of our valued customers all in an attempt for our customers to gain confidence in us,” he added.

Isaac Arthur, Chief Operating Officer (COO), Equity Savings and Loans, said in an interview that Equity is ready to offer tailored made products to its prospective clients.

He said the financial house is working to become the preferred financial service in the country for individuals, large and small and medium enterprises.

Abena Osei Asare, Deputy Minister of Finance, lauded the shareholders of the Equity for their bold initiative.

She said the government is set to roll out the National Financial Inclusion Strategy (NFIS) in June, this year which would promote access to financial services by the underprivileged in society.

Mrs. Asare said the strategy would help address regulate the deployment of financial infrastructure, promote access and usage of financial services, strengthen financial protection and improve on financial literacy and capacity.

Management of Equity is led by dynamic professionals, which include Franklin Benefo as Executive Director, Khalid Abdul Bassid, Head of Credit; Comfort Abena Darko, Head of Corporate Banking and Francis Nyarkoh, Finance Manager.

Equity offers Fishermen Life Insurance Scheme (FLIS) which has been specifically designed for fishermen.

Other products are Equity Kiddie Account, Equity Susu Account, Equity Platinum Account and Equity Bonus Plan, among others.

A Business Desk report