Accra, Aug. 13, GNA - ProCredit Savings and Loans Company, on Wednesday announced the opening of two new branches at Kokomlemle in Accra and at Nkawkaw in the Eastern Region.

The company has also upgraded its Kantamanto Saving Mobilization Unit into a fully fledged branch, a statement issued by the Company in Accra said.

It said with the opening of the two new branches and upgrading of the Kantamanto unit, Procredit now operated 16 branches in Greater Accra, Eastern, Ashanti, Western and Brong-Ahafo regions.

The statement said Procredit was committed to making its services accessible the larger public.

It said that the new branches would provide easy and transparent banking and credit services to its core target and also enhance the banking experience of existing clients.

The statement said "Apart from offering easy banking services the Nkawkaw branch will also serve as the fifth ProCredit Agro Loan Centre and the Kokomlemle Branch will also serve as one of three Small and Medium-Scale Enterprises (SME) centres."

It re-emphasized the commitment of ProCredit to agribusiness as the only non-banking financial institution actively supporting the agriculture sector, which was the backbone of the Ghanaian economy. Recently, Procredit announced an expansion of its agribusiness loan portfolio to rope in more processors of agricultural products.

ProCredit has five agribusiness centres at Abeka-Lapaz in Accra, Suame in Kumasi, Sunyani, Takoradi and Nkawkaw. It has three SME centres at Airport and Kokomlemle branches in Accra and Adum Branch in Kumasi.