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Ecobank Organizes Financial Services Seminar for Churches   
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Ecobank Ghana
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Ecobank Ghana has hosted over 100 church Leaders and Administrators at a special forum organized to equip participants on how to manage church finances and also for ensuring individual and family financial freedom.

The forum was held at the bank’s ultra-modern Head office under the theme; Influential Stewardship in Today’s Digital World. Participants were assured of the bank’s long-term commitment to cater for the financial needs of churches.

Discussions at the forum were centered on; Church Stewardship and Accountability, Basic Accounting for Churches, Ecobank’s Digital Solutions for Churches; Ecobank Pay Solutions (Scan and Pay for mVisa and MasterPass, Point of Sale Terminals, Ecobank Mobile App, Mobile Money, etc), Personal Financial Management, Ecobank’s Flagship Product for Churches (Stewardship Investment Account), Receivable Financing and Asset Financing.

Participants were specifically introduced to the Ecobank Mobile App and the convenience it brings to users. There was an experiential session, where each participant was guided to download and use the Ecobank Mobile App.

They were able to open Ecobank Xpress Accounts, send money to other participants and also to third parties, make payments online and offline, use the Ecobank scan and pay solution, generate and share e-tokens, move money between their Ecobank Bank Accounts and mobile money wallets, generate account statements, buy airtime and engage the customer service call centre of the bank, amongst others.

Speaking at the forum, an Executive Director of the bank, Mr. Morgan Fianko Asiedu said; “Ecobank has a longstanding relationship with most Churches in Ghana, which relationship has grown stronger over the years and we are continually exploring opportunities to further deepen it for our mutual growth and benefits. This forum is one of the many initiatives by the Bank to bring us together to deliberate on ways to make this relationship even more beneficial, in a digital age”. God has entrusted authority over his creation to us and we are allowed to rule over it not as owners but rather as stewards, exercising our dominion under the watchful eye of the Creator managing his creation in accordance with the principles he has established, he concluded.

A similar forum was earlier organized for churches in the Ashanti Region, where participants were also educated on the wide-range of financial solutions provided by the bank.

Ecobank Ghana is a subsidiary of Ecobank Transnational Incorporated (ETI), a bank holding company which is currently present in over 36 countries across Africa, dealing in 20 currencies. Commencing operations in Ghana from February 1990, Ecobank Ghana has grown consistently over the years to become one of the biggest banks in Ghana and a well-recognized corporate brand in the Ghanaian banking industry. The Bank embarked on a strategic shift from a predominantly Wholesale Bank to a Universal Bank. Today it has 67 branches and over 200 ATMs across the country.

Since its establishment, Ecobank has consistently grown its shareholders’ equity to over GH¢1.037billion and total assets to GHS9.098billion by the close of 2017. This makes Ecobank one of the strongest banks financially and the bank of choice for customers’ deposits. The bank has segmented its markets into Corporate, Commercial and Consumer Banking business, in line with its strategy of providing tailored financial solutions to customers in a timely and efficient manner.

On the technology front, Ecobank is the first bank to introduce a Pan-African card that enables customers to withdraw cash and make payments in over 33 markets in Africa. The launch of the evolutionary Ecobank Mobile app, which is focused on financially empowering millions of new customers across Africa by 2020 has resulted in more Africans gaining access to financial services and products than ever before. In Ghana alone, the app has attracted over one million new customers thus fare. A critical component of this success is the landmark strategic partnership with MasterCard and Visa. These groundbreaking initiatives have also powered the Ecobank Mobile app with Scan and Pay services for both MasterPass and mVISA. It is now possible for consumers across the Ecobank to make fast and secure payments by scanning a Quick Response (QR) code displayed at checkouts/pay points, using their mobile phones. Phone users with the use of their phones can therefore do nearly all banking transactions without entering any Ecobank branch.
Source: Daniel Adu Darko/Peacefmonline.com/[email protected]

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