Business News of Thursday, 21 January 2016

Source: GNA

GPSL continues to expand its business operation

The Golden Pride Savings and Loans Limited (GPSL) continues to make strong strides - expansion of its business operation with the opening of a new branch office in Kumasi.

This brings to eight, the number of branches it had established within the past 36 months.

These are in four regions – Greater Accra, Ashanti, western and Brong-Ahafo.

GPSL is owed by the Ghana Mine Workers Union (GMWU) and has its headquarters at Obuasi.

Mr. Johnson Boadi Asamoah, the Managing Director, pledged to protect the savings of customers and support small businesses to grow to create wealth and jobs.

Their goal was to become a universal bank, something, he said demanded adoption of best management practices and proper internal controls.

He spoke of the introduction of innovative products to attract more customers and said they already had products for child welfare and education.

Nana Wiafe Akenten III, Omanhene of Offinso, urged the management to be transparent and truthful in its dealings with customers.

It should also come out with products that would meet the needs of customers.