Mr Alex Kwasi Awuah, Managing Director of ARB Apex Bank PLC has held bilateral talks with Dr Nana George Agyekum Donkor, President of the ECOWAS Bank for International Development (EBID).

The talks, which were held in the Togolese capital, Lome, explored the possibility of sourcing competitively priced funds for on-lending to Rural and Community Banks (RCBs) in Ghana. Other areas of collaboration were also discussed towards building the capacity of the Bank and the RCBs.

Mr Awuah was accompanied by four members of his management team including, Dr Joseph Asantey, Head of Risk and Credit Management, Curtis Brantuo, Head of Legal and Compliance, Ben Chemel, Head of Finance and Administration, and Gordon Dery, Head of Business Development Marketing and Research.

He expressed his appreciation to Dr Donkor and his team and thanked them for providing the opportunity to discuss areas of priority to RCBs in Ghana.

Dr Donkor, on his part, said he “looks forward to a fruitful partnership between the EBID and the RCBs in Ghana.”

He believes the start of this relationship will go a long way in assisting the EBID in providing funding to businesses through a unique institution such as ARB Apex Bank PLC and the RCB structure, a novel model for other West African countries to emulate.