By Mavis Paintsil, Accra
The Chief of Staff, Mr. Julius Deborah, has emphasized the need for a robust and responsive financial sector to support the government’s vision of a 24-hour economy.
Speaking at the opening of Republic Bank Ghana’s new headquarters, he stressed that banks must innovate to meet the demands of businesses operating beyond traditional hours.
“A 24-hour economy requires a 24-hour financial system,” Mr. Deborah stated, urging banks like Republic Bank Ghana to develop financial products that cater to the unique needs of businesses operating around the clock.
He commended Republic Bank Ghana for its investment in Ghana’s financial sector and encouraged the institution to champion flexible, technology-driven services that support SMEs and enterprises.
The government remains committed to creating an enabling environment for financial institutions to expand digital services and strengthen support for SMEs, he added.
The event was attended by senior government officials, banking executives, and industry stakeholders, who expressed optimism that the new Republic Bank headquarters will enhance the bank’s operational capacity and contribution to Ghana’s economic transformation.
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