Clergyman pleads with banks to reduce interest charges

A clergyman has asked banks to reduce interest rate on loans, to support the growth and expansion of local businesses,  to create more jobs and improve  the economy.

The Chairperson of the Asante Presbytery of the Presbyterian Church of Ghana, Reverend Dr Kwabena Opuni-Frimpong, also asked the banks to initiate effective measures to help small and medium enterprises, to become vibrant and a catalyst for economic development.

He was speaking at a programme, dubbed: “The church’s service to banks” and organized jointly by the Presbytery and ECOBank at Adum, Kumasi, to educate the people on banking services.

It also sought to encourage members of the church to adopt the culture of saving and to deepen the relations between the church and banking institutions.

Rev. Dr. Opuni-Frimpong appealed to beneficiaries of loans to repay so that other people could benefit from the package.

Mr Abraham Adu-Kwarteng, Ashanti Regional Manager of Ecobank, said the financial institution was determined to support the private sector.

Source: GNA