343 manual exchange offices approved by BCT since November 2018CBG opens new Winneba branch

The number of manual exchange offices, approved by the Central Bank of Tunisia (BCT), has reached 343 since the granting of the first authorization from the issuing institution on November 2, 2018. "No authorizations were granted from the beginning of 2024 to January 28," the BCT posted on its portal. The first manual exchange office in Tunisia was set up in La Goulette on March 15, 2019, when the BCT issued an authorization on November 2, 2018. Over the last four years, manual exchange offices have provided foreign currency inflows of nearly 7 billion dinars, Deputy President of the Tunisian Association of Exchange Offices, Kamel Mgarech told TAP on May 15, 2023. «These offices will help increase financial supply to nearly 20 billion dinars over the next five years in cease they benefit from the new developments recorded with regard to modern payment mechanisms,» official added. The BCT ensures control of the progress of the activity of these exchange offices, which are required to transmit monthly, al l the operations carried out, through the information exchange system. Likewise, these offices are subject to on-site control operations, carried out by the BCT to ensure compliance of their activities with the regulations in force. Source: Agence Tunis Afrique Presse The Consolidated Bank Ghana Limited (CBG) has opened a new branch in Winneba to enhance the Bank's coverage. The Branch which used to be located on the North campus of the University of Education Winneba is relocated opposite the entrance of the University for the purpose of reaching more customers within the Winneba township. Speaking at an opening ceremony, Mr. Daniel Addo, Managing Director of the Bank, said the opening of the branch was in reaffirming the Bank's commitment and passion for a differentiated banking experience that is hinged on innovation and exceptional banking services. 'We have a dedicated team of very experienced people who are ready to cater to your needs. We will listen to you, we will understand, and we will tailor solutions that will help the community to flourish,' he said. With the recent injection of GH?2.5 billion capital into the Bank by its sole shareholder, thus the government, he said, it was poised to address the business needs of Ghanaians. Neenyi Ghartey VII, the Par amount Chief of the Effutu Traditional Area, encouraged the Bank to take interest in the businesses they financed by ensuring that supports given to Small Medium Enterprises (SME) especially inured to the growth of the economy. 'Deal with us differently so that you remain relevant to the society and not that others will come and say they won't come back because they didn't like the treatment simply because they didn't understand what you were saying,' he said. Professor Stephen Jobson Mitchual, Vice Chancellor of the University of Education, Winneba, urged the Bank to carefully study and understand the needs of stakeholders, including customers in a unique environment. He also appealed to the Bank to consider establishing a branch on one of the University campuses to mitigate the risk of students moving out of campus to have access to quality banking services. CBG is an indigenous Ghanaian Universal Bank licensed by the Bank of Ghana under the Specialised Deposit Taking Institutions Act, 2016 (Act 930) I t started operations in 2018 and currently has 114 branches across 13 regions. Source: Ghana News Agency