Thairu Ndungu
CONSOLIDATED BANK of Ghana
(CBG) has noted that it is committed to facilitating national development through
supporting small and medium-scale enterprises (SMEs) in Ghana’s export sector.
Deputy Managing Director of CBG,
Thairu Ndungu, who disclosed this at an exporters’ forum organised in Accra
recently, said SMEs had to take advantage of opportunities in the exports of goods and services since it
contributed more than 35% of Ghana’s GDP.
“Exports contribute more than 35% of our GDP and
it is very critical to the stability of the Ghana Cedi, hence the urge to
spearhead the discussion on how to develop initiatives and activities that
offer collaborative support and partnership with exporters in Ghana,” he said.
The export forum, which
brought together various exporters, export facilitation institutions and stakeholders
to explore opportunities in international trade, saw representatives from the Ministry of Trade and
Industry, Ghana Investment
Promotion Centre (GIPC),
Federation of Association of Ghanaian Exporters (FAGE), Ghana Assorted Food
Stuff Exporters Association (GAFEA), Ghana Root Crops and Tubers Exporters
Union (GROCTEU), Vegetable Producers and Exporters Association (VEPEAG), Sea-
Freight Pineapple Exporters of Ghana (SPEG) among others.
According to Mr.
Ndungu, the forum seeks to foster
relations and cooperation between CBG and exporters in Ghana.
“By engaging key stakeholders through this
Forum, CBG pledges its support to our exporting customers, as you proudly
showcase ‘Made in Ghana’ to the rest of the world. We promise to create a
strong partnership that will not only benefit both of us but also the entire
economy. It is my humble believe that this partnership will instrumentally
promote national development and the agenda of ‘Ghana Beyond Aid’,” he noted.
On his part, board chairman of
CBG, Nana Abra-Appiah, assured
the exporters of CBG’s commitment to provide seamless management of funds. “At CBG, we are ready to serve you
with expert financial advisory services and banking with tailor-made solutions.
We say that our doors are opened to you always. Talk to us or walk in and
patronise all our product offerings to the full benefit of you and your
business needs.”
Earlier, Director of Projects
Ghana Export Promotion Authority (GEPA), Alexander Dadzawa, was full of
admiration for CBG for meeting exporters to address their cash needs with
tailor-made products.
CBG has 114 branches across
Ghana.
