Driving National Growth Remains Our Topmost Priority – Kwamina Asomaning

Kwamina Asomaning, Chief Executive of Stanbic Bank Ghana has reiterated the bank’s commitment to national growth through support for Small and Medium- sized Enterprises in the country. He made this statement at the Women’s Entrepreneurship Workshop held at the Stanbic Business Incubator.

Speaking at the event, Mr. Asomaning shared that the mandate of all Stanbic Bank branches across Africa was to lead the continent toward development.

He said: “Stanbic Bank is a member of the Standard Bank Group. Everywhere we find ourselves (in 30 countries around the world, including 19 in Africa), our mandate is to promote the development of that country. Here in Ghana, we always say that Ghana is our home, and we drive her growth; a conviction that defines what we do and why we exist.

SMEs are a key contributor to the country’s GDP, by investing in the growth and equipping these women with the necessary tools they need to grow their businesses, we are contributing to the overall growth of the nation and when Ghana grows, we all grow”.

Mr. Asomaning also thanked GEA for partnering with them to make the workshop possible to address some of the challenges female entrepreneurs face in the country.

He mentioned, “We are grateful to Ghana Enterprises Agency, formerly known as NBSSI, for partnering with Stanbic to set this up. Women entrepreneurs as we know, face many obstacles; reason why women-owned businesses are still in the minority, and the hurdles faced by women who have embraced entrepreneurship are vast and often very different from those experienced by their male counterparts This workshop is a step in the right direction, and I am confident that the participants will benefit greatly from it.”

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The two-day workshop was designed to provide female owners of Micro, Small, and Medium Enterprises (MSMEs) with the necessary tools and knowledge to grow their businesses. About 120 women from various sectors of the economy including agriculture, textiles, and services attended the workshop.

The participants were taken through training sessions on various topics for business growth including Book Keeping, Human Resource Strategies, and Introduction to Financial Statements, Profit and Loss Statement, and Balance Sheet.

Creating value for all stakeholders remains an imperative objective for Stanbic bank as part of its mission to drive national growth. The bank continues to provide the necessary financial assistance and accessible loan facilities to businesses across the country in need to show that with Stanbic, it can be.

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