JemohGh 
OmniBSIC Bank, in a joint effort with GIZ Ghana, has effectively facilitated Monetary Education Preparation stages for Little and Medium-sized Undertakings (SMEs) in Accra and Koforidua. The occasions, which pulled in members from different ventures including exchange, creation and administrations, expected to engage little and medium-sized endeavors (SMEs) and hopeful business visionaries with fundamental business abilities as well as monetary information.
The courses which are important for a continuous drive to help Ghana’s SME area, highlighted master introductions on different subjects pivotal for business outcome in the present testing monetary scene. Key regions covered included monetary administration, record-keeping, adjusting to showcase unpredictability, and fostering a dynamic business mentality.
This drive lines up with the acknowledgment OmniBSIC Bank got as the Superior SME Brand of the Year at the eighth Worldwide Business Brands Highest point and Grants. This lofty honor recognizes OmniBSIC Bank’s devotion to supporting the development and advancement of SMEs in Ghana through creative monetary items and administrations. The honor further concretes the bank’s standing as a main accomplice for private ventures endeavoring to make progress in a powerful market climate.
A report from the Bank of Ghana (Swamp) recently uncovered that OmniBSIC Bank is at the front of supporting SMEs with the most cutthroat (least) credit loan fees in the country.
The Swamp’s Annualized Rate (APR) report, delivered in April 2024, gives a far reaching perspective on the genuine expense of getting looked by organizations. As made sense of by the National Bank, “The APR mirrors the genuine expense of a credit that monetary specialists are stood up to with when they go through an endorsement cycle to get a credit office. It includes the Ghana Reference Rate, Bank-explicit gamble chief, and other bank-explicit charges.”
Mr. Daniel Asiedu, Overseeing Overseer of OmniBSIC Bank noticed that “The Bank’s predictable contribution of the most serious rates is a reasonable show of its commitment to cultivating SME development and adding to Ghana’s monetary turn of events. This lines up with the Bank’s essential spotlight on the SME area and its job in driving monetary consideration and financial advancement in the country”.
Eugene Bawelle, Head of SME Banking at OmniBSIC Bank, underscored the significance of SME preparing drive: “At OmniBSIC Bank, we trust that when organizations flourish, we as a whole advantage. These course series is our obligation to building limit in the SME market. The excited reaction from members reaffirms the requirement for such projects.”
The occasions highlighted introductions from industry specialists, including Mr. Richard Asante-Amoah, President of Stravents and an expert for GIZ, who presented the idea of VUCA (Unpredictable, Dubious, Complicated, Uncertain) to depict the ongoing business climate. Mr. Asante-Amoah focused on the significance of creating frameworks and cycles in light of information to endure market difficulties.
“The point of convergence today was for organizations to have another mentality” as per Mr. Asante-Amoah. He further made sense of that “What we understood is that numerous organizations miss the mark on moderate outlook that can endure preliminaries and difficulties like what Coronavirus brought. We’re trusting that with this data, members will actually want to return, set themselves up, and begin building organizations that will turn out to be more practical,” he added.
Mr. Ebenezer Nii Sampane Adjaye, Chief for Consultancy and Support at the Sanctioned Organization of Inventory network The board, drove a meeting on monetary mindfulness and record-keeping. He underlined the basic job of information driven dynamic in business achievement.
“During VUCA periods, the main thing is to have data which will empower you to go with informed choices,” Mr. Adjaye explained “This includes gathering proper information, ordering them, and placing them as a report. That will empower you to project and make figures into the future, understanding what dangers or difficulties lie ahead and how best to alleviate them to guarantee your business can keep on creating gains and become supportable.”
Members communicated their significant appreciation for the viable bits of knowledge acquired during the workshops. Sarah Mensah, proprietor of a nearby catering business, remarked: “This workshop has been enlightening. I have found out such a huge amount about legitimate monetary administration and the significance of adjusting to showcase changes. The ideas presented, particularly about record-keeping, will assist me with maintaining my business all the more productively.”
The outcome of the occasions in Accra and Koforidua has made ready for future courses in different locales of Ghana. OmniBSIC Bank and GIZ Ghana intend to stretch out the program to different urban communities in the Nation planning to reach and enable more SMEs the nation over. This cooperative exertion between OmniBSIC Bank and GIZ Ghana shows a common obligation to cultivating a hearty SME area in Ghana. By giving fundamental information and apparatuses, the drive expects to make stronger organizations equipped for driving financial development and occupation creation in the country.
