Energy Bank educates exporters on Trade Finance

Energy Bank Ghana has schooled a number of exporters on the features, requirements, utilisation of trade finance lines and among other trade products that would help facilitate their business transactions easily.

Dubbed: “Time with Exporters,” the training afforded the exporters, drawn from Tamale, Kumasi and Takoradi, the opportunity to understand the various trade finance products that the Bank offered, the corresponding bank relationships and its unique selling points.

The Managing Director and Chief Executive Officer, Mrs Christiana Olaoye said Energy Bank had a well-structured trade finance products backed by comprehensive advisory services to support trade between Ghanaian exporters and their foreign partners.

Some of the trade finance products that the bank offers include documentary credits, documentary collections, inward remittances and guarantees.

Mrs Olaoye noted that Energy Bank’s selling points were quick turn-around time, excellent service and flexibility, deep understanding and knowledge of trade finance products and services as well as strong correspondent banking relationships and trade lines.

“We are a bank that is committed to helping and facilitating the wants and needs of individuals and businesses to achieve their goals.

“We will consistently provide education for our key customers going forward in 2017,” Mrs Olaoye added.

The bank few months ago took part in a trade programme between Ghanaian and Korean businesses which the Korean Ambassador to Ghana and the Chief Executive Officer of the Ghana Investment Promotion Centre, Mawuena Dumor were key speakers.

Energy Bank is a commercial entity with vitality, strength and power and in its approach to banking is solution driven.

It presently operates 11 branches and one agency in Ghana; five in Accra, three in Kumasi, and the rest in Tema, Takoradi and Tamale.

Source: GNA