OmniBSIC Bank Outlines Growth Strategy at ‘Figures in Focus’ Event
OmniBSIC Bank Ghana Limited has reinforced its position as one of Ghana’s fastest-growing financial institutions with the successful hosting of its maiden Figures in Focus event. The high-level engagement brought together industry leaders, institutional investors, and key regulatory bodies—including the National Pensions Regulatory Authority (NPRA) and the Securities and Exchange Commission (SEC)—to review the bank’s financial performance and strategic direction.
The event provided a platform for direct interaction between the bank’s executives, board members, and stakeholders, offering insights into its operational successes and long-term growth plans.
Managing Director, Mr. Daniel Asiedu, emphasized the bank’s strong financial trajectory, attributing its success to disciplined execution, strategic decision-making, and a customer-centric approach.
“This level of performance is not coincidental. It is the result of meticulous planning, deliberate strategy, and a relentless focus on delivering value to our customers and shareholders,” Mr. Asiedu stated.
Strong Financial Performance and Expansion Strategy
OmniBSIC Bank’s 2024 financial results highlight a significant profit of GH¢314 million, more than doubling its 2023 earnings. The bank’s total assets surged to GH¢9.4 billion, while customer deposits saw a remarkable 70% increase to GH¢8.2 billion. Loan advances also experienced a 77% rise, growing from GH¢580 million in 2023 to GH¢1.03 billion in 2024, underscoring the bank’s role in supporting business expansion and economic growth.
Despite this aggressive growth, Mr. Asiedu noted that the bank is taking a measured approach to lending, ensuring sustainability and maintaining strong client relationships.
Strategic Focus and Market Positioning
Board Chair Mrs. Teresa Effie Cooke reaffirmed OmniBSIC Bank’s commitment to meeting stakeholder expectations and strengthening corporate governance. A key highlight of the bank’s transformation is its near 50/50 gender balance, reflecting a commitment to diversity and inclusive leadership.
“Our responsibility is to build a financially strong, operationally efficient, and strategically positioned bank that delivers long-term value to customers, investors, and employees,” she said.
Looking ahead, OmniBSIC Bank is set to further strengthen its capital base, expand market share, and enhance its digital banking solutions. The bank aims to position itself as a major force in Ghana’s financial sector by leveraging technology, optimizing operational efficiency, and deepening customer engagement.
Industry Recognition and Competitive Edge
OmniBSIC Bank’s rapid transformation has earned it several industry awards, including SME Bank of the Year (2024) and Best Corporate Bank, Ghana (2024). It is also ranked 29th in Ghana Club 100 by the Ghana Investment Promotion Centre (GIPC), further solidifying its growing influence in the banking industry.
With a network of 40 branches nationwide, OmniBSIC Bank continues to deliver tailored financial solutions to businesses and individuals while investing in staff development and community support. The bank’s ongoing transformation reflects a broader commitment to financial stability, innovation, and sustainable banking growth in Ghana’s evolving economic landscape.
