Republic Bank (Ghana) PLC has reaffirmed its commitment to supporting the growth and transformation of local businesses, following its participation in the Kwahu Business Forum.
The three-day forum, held under the theme “The Future of Business: Scaling Up Local Enterprise,” brought together policymakers, entrepreneurs, investors and development partners to explore strategies for strengthening Ghanaian businesses and positioning them for long-term competitiveness.
Speaking on the sidelines of the event, the Managing Director of the bank, Dr. Benjamin Dzoboku, stressed the need for deeper collaboration between financial institutions and the private sector to unlock the full potential of local enterprises.
He noted that Ghana’s economic future hinges on the ability of small and medium-sized businesses to grow into scalable ventures capable of driving employment, innovation and sustainable development.
“The transformation of local enterprises from micro and small operations into scalable businesses is essential for economic progress,” he said.
Dr. Dzoboku explained that the bank’s five-year strategic plan is designed to respond to the evolving needs of businesses across key sectors of the economy.
This includes the provision of tailored financial solutions, sector-specific financing and advisory services aimed at improving business resilience and expansion.
According to him, scaling local enterprises goes beyond individual business success and plays a critical role in national development.
He pointed out that strong and growing businesses contribute significantly to job creation, supply chain development, export expansion and innovation, all of which are vital to building a robust economy.
The bank’s participation in the forum underscores its broader strategy of engaging with industry stakeholders to better understand the challenges facing businesses and to develop solutions that support growth.
Participants at the forum discussed practical approaches to improving access to finance, enhancing business capacity and leveraging partnerships to drive enterprise growth.
Industry observers say initiatives such as the Kwahu Business Forum are crucial in shaping policy dialogue and fostering collaboration between the public and private sectors.
Republic Bank maintains that sustained support for local enterprises will be key to unlocking Ghana’s economic potential and building a more inclusive and resilient business environment.
