No stress with BoG's capital requirement-FBN Bank boss assures at promo launch

  |   Ghana News

FBN Bank is in a good position to meet the ¢400 million minimum capital requirement of the Central Bank. That was the assurance given by the Managing Director of the bank Gbenga Odeyemi, Monday. Referring to FBN’s partnership with Nigeria’s First Bank, Mr Odeyemi said “when you are a son of a rich parent your stress is less. That is one of the advantages of being part of a rich heritage.”

He was overly optimistic the minimum capital requirement will be met before the December deadline imposed by the Central Bank, adding, customers are assured of maximum security of the monies. He gave the assurance at the official launch of the second edition of the FBN Bank Save and Win Promo.

According to Mr Odeyemi, the promo is to inculcate in Ghanaians the culture of savings and the benefits that will accrue to customers as well as broaden the bank’s customer base.

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