Wendy Lucas-Bull, Chairman of the Barclays Africa Group has stated that the bank is keen to work with both the government and the private sector.
She said Ghana still remains an icon for the African continent so far as democratic practice is concern.
Ms Lucas-Bull was speaking when some officials of the Barclays Africa Group paid a courtesy call on Vice President Kwesi Amissah-Arthur at his office at the Flagstaff House in Accra.
The visit by the group to confer with the Vice President was to ensure how the bank could expand its operation and future development in Ghana.
Ms Lucas-Bull announced that the Barclays Africa Group completed its transaction to acquire a stake in the bank late last year and that the financial entity is now poised to support Ghana in its developmental effort.
Ms Maria Ramos, Chief Executive Officer of the Barclays Africa Group stated that Ghana still remains a significant economy on the continent with enormous potential.
She commended the country for hosting the bank for the past 100 years and prayed that it gets another 100 years more.
She said the bank has ambition to build growth that is significant for both local and regional development.
Ms Maria Ramos also noted that Ghana is among five economies on the continent which the bank is focusing on for growth.
She said the bank still want to remain relevant in terms of its relationship with the Public sector as well as the development of infrastructure.
Vice President Kwesi Amissah-Arthur in response commended the Barclays Group for their suggestions on the economy but observed that the nation lacks the resources to monitor developments that take place in Europe and America.
He said in a small open economy which is a price taker sometimes the country is at the mercy of global development.
He said Ghana is among the few countries in Africa where opportunities are created for people to move out of poverty.
He said Public Private Partnership is what government intends to pursue since government does not have all the resources available to spend.
Source: GNA
| Disclaimer: Opinions expressed here are those of the writers and do not reflect those of Peacefmonline.com. Peacefmonline.com accepts no responsibility legal or otherwise for their accuracy of content. Please report any inappropriate content to us, and we will evaluate it as a matter of priority. |
