Republic Bank to support trade partnerships



The Managing Director of Republic Bank Ghana, Mr. Farid Antar, during the Invest Barbados Summit held at Kempinski Hotel in Accra reiterated Republic Bank’s commitment to supporting trade partnerships between Ghana and the Caribbean.

The Summit was organised by Invest Barbados, a government of Barbados economic development agency, in partnership with Republic Bank of Ghana and Barbados.  Other partnering institutions were the Ghana National Chamber of Commerce & Industry, Ghana Investment Promotion Centre, and Yes Africa.

Speaking at the Summit, Mr. Antar highlighted the growing interest in promoting business relationships between the Caribbean and Ghana. According to the Managing Director of Republic Bank (Ghana) Limited, the growing interest is a testament to the decision that Republic Bank Group in Trinidad took in 2012 to invest US$8million in Ghana by taking up 8.8% shares of HFC Bank Ghana - now Republic Bank Ghana. “Republic Bank group has so far spent over US$100million on its investment in Ghana, making it one of the exceptional diaspora investments in Ghana.” Mr. Antar also added that Republic Bank Ghana and its parent from the Caribbean are always ready to support and promote trade partnerships between Ghana and the Caribbean.

Mr. Antar also took the opportunity to advocate for a direct air link from Africa to the Caribbean. “I believe that the over-15 hours it takes to complete a journey to the Caribbean is too long, considering that Ghana to Trinidad is about 6,500 kilometres and a non-stop flight should be able to complete the journey in less than 8 hours. As a Trinidadian, I would welcome the opportunity to fly to Ghana from Trinidad or Barbados non-stop.  This would save time, and also significantly reduce cost of air travel.” For Ghanaians travelling to the Caribbean, the burden of obtaining VISAs for in transit flight is reduced or eliminated.

The Invest Barbados Summit was attended by the Prime Minister of Barbados, the Hon. Mia Amor Mottley, Q.C, MP, who was on an official visit to Ghana. Other attendees were business delegations from Barbados; the CEO of GIPC, Mr. Yofi Grant; Customers of Republic Bank; and members of the Ghana National Chamber of Commerce & Industry.

The main objective of the seminar was to enhance investments and trade relations between Barbados and Ghana. Republic Bank has over the last two years facilitated two other trade missions from the Caribbean to Ghana.

Comments

Post a Comment

Popular posts from this blog

Papaye Fast Food opens new Kaneshie-Awudome branch

Image
Executive Chairman-Papaya, Dr. Kalmoni and Dep. Minister, Elizabeth Sackey, cutting the ribbon to officially open the Awudome-Branch Papaye Fast Food Limited, a leading fast-food chain in the country, has officially opened a new branch at the Kaneshie- Awudome roundabout. The opening event, which happened at the new branch’s forecourt, was honoured by the Deputy Minister of Greater Accra Region, Mrs. Elizabeth Sackey, representatives from the Ghana Tourism Authority and Ministry of Tourism, as well as some corporate organisations. The Chief Executive Officer-Papaya Ltd., Divine K. Asiedu, said opening the Awudome branch means Papaye now has six operational outlets from its 28 years of existence in Ghana. "Papaye wants to assure its customers and everyone within this vicinity that it will continue serving the best tasty food without compromising on its hospitality, comfortability and affordability principles." Executive Chairman-Papaye, Dr. Sami...
Read more

Tractafric Motors: Ford Ranger takes top honours

Image
The Ford Ranger has received the highest award for quality in the midsize pickup segment in the US; according to the 2020 JD Power Initial Quality Study (IQS) report. The Initial Quality Study, now in its 34th year, is based on responses from 87,282 purchasers and lessees of new 2020 model year vehicles in the US who were surveyed after 90 days of ownership. The study took place from February through to May 2020. The JD Power Initial Quality Study (IQS) takes an updated look at the problems owners are having with their new vehicles, including those related to new technologies. The study, redesigned this year, measures components that fail and features that are difficult to use, hard to understand or don’t work the way owners want. Initial quality is determined by the number of problems experienced per 100 vehicles (PP100), with a lower score reflecting higher quality. “The Initial Quality Study is the industry benchmark for new-vehicle quality and, year after year, automakers app...
Read more

Redesigned Nissan logo signals a fresh horizon

Image
How the badge’s physical identity was adapted for the digital world We are more connected than ever before. People are growing up with the access to knowledge and the potential for interaction that the internet offers. Our lives are as much digital as they are physical. Hence strong brands need to have effective touchpoints in both realms. For the past 20 years, Nissan’s outgoing logo has been a beacon on its vehicles and so much more. It has served as an identity, a business card, a handshake and the first greeting between customers and the driving excitement that Nissan vehicles provide. For decades more, Nissan’s logo has stayed true to a belief held by its founder Yoshisuke Aikawa, “Shisei tenjitsu o tsuranuku,” which he interpreted to mean, “If you have a strong belief, it penetrates even the sun.” While keeping this essence alive, Nissan’s new “calling card” reflects the significant changes in society over the last two decades. It is a reimagination of the iconic Nissan bra...
Read more