Henry Oroh, the deputy MD/ CEO of Zenith Bank Ghana Ltd., has diminished reports asserting that a huge cutback exercise waits for banks because of the excruciating financial difficulties confronting the department, adding that banks are relishing an excellent business surrounding in the nation.

In a meeting with the B&FT, Mr. Henry articulated even though the nation has had to pact with some significant economic difficulties in the last few years, Ghana still remains a popular business hub for a majority of investors who’ve hope & confidence in a floating financial system in the upcoming years.

“Where else can you find a superior surroundings? If you look globally, each nation has its own issues; yet over the last few years we’ve noticed Ghana offer a great atmosphere for businesses. Here you can find a peaceful, politically stable environment, and in relative terms there’s more source in Ghana than most nations in the sub-region. And I believe this has offered a great foundation to the banking business here in Ghana,” Mr. Henry added.

He again said that business confidence in the nation is further improved by the intentional efforts Govt and some state organizations are putting collectively to make sure that macroeconomic solidity is accomplished sooner than later.

“I believe this is a financial system that’ll develop since all Govt guidelines are designed towards making an empowering atmosphere, for example, attempting to keep the exchange rate constant and taking intentional steps pact with other crucial problems. So with these actions being considered by Govt, I believe Ghana is still alluring to investors, particularly if you peep at the incursion of investments that have approached into the nation in the last 4 years. This demonstrates that Ghana is a financial system that’ll catch the eye in the sub-region,” Mr. Henry sustained.

Mr. Henry’s remarks are supported by the current BBI (Business Barometer Indicator) of the AGI (Association of Ghana Industries), which demonstrates that business resilience in the financial system hike up considerably in the 1st quarter of 2016.

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