To help enterprises, I’ll set up Traders Bank — Alan Kyerematen

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In the event that he wins the 2024 presidential election, Movement for Change founder and leader Alan Kwadwo Kyerematen has declared that his administration will open a traders bank to offer financial assistance to market women and traders.

He said the bank will transform the industry and reinvigorate the retail sector since it would be tailored to the demands of Ghanaian traders.

When he visited marketplaces in the Central Region on Friday, he provided the assurance.

The former Minister of Trade and Industry visited the markets at Kasoa, Winneba, Agona Swedru, Mankessim, Cape Coast, and Elmina during the journey.

He claimed that the promise of a traders bank represented his idea of inclusive economic growth in which all members of society—especially those involved in trade—have access to basic financial services.

According to Mr. Kyerematen, the traders bank will make it more simpler for traders to obtain financing and act as a spur for innovation and economic growth within the trading community.

He emphasised, “This could then contribute to the creation of jobs, the reduction of poverty, and general socioeconomic development throughout the natioThe notion of a dedicated bank was warmly received by traders, who saw it as a game-changer that could free them from financial restraints and allow them to take advantage of new chances for growth and better living conditions.

The dealers went on to say that they saw this kind of activity as a concrete move in the right direction towards solving their long-standing financial issues.

The traders believe that, should it come to pass, the creation of a traders bank would mark a critical turning point in Ghana’s efforts to create a more robust and just economic system.

 

 

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