Fidelity Bank Ghana has reaffirmed its strategic commitment to driving Ghana’s 24-hour economy agenda, pledging financial innovation and infrastructure support to boost trade and industrialisation — particularly through enhanced collaboration with Chinese business partners.
At a Ghana-China Business Summit held at the Labadi Beach Hotel in Accra, the Bank’s Director of Public Sector Group, Mr. John-Paul Taabavi, underscored the pivotal role local banks must play in building the economic systems necessary to sustain round-the-clock commerce.
“The 24-hour economy we envision goes beyond staying open late. It’s about building infrastructure that enables seamless trade across borders and time zones,” Mr. Taabavi said, emphasising the importance of predictability in trade, robust logistics systems, and sustainable financing.
The summit, themed “Synergising Opportunities: Strengthening the Ghana-China Business Relationship and Fostering a 24-Hour Economy,” brought together high-level Ghanaian and Chinese stakeholders including government officials, development partners, and business leaders.
Fidelity Bank used the platform to highlight its readiness to support businesses operating in a continuous economic cycle. Mr. Taabavi said the bank’s solutions are tailored to real-time needs—such as trade finance for solar imports, credit support for SMEs, and multilingual platforms that enable smoother international transactions.
To deepen bilateral economic relations, the bank has created a Local Corporate and Asian Business Desk staffed by Mandarin- and Hindi-speaking relationship managers. This, coupled with upgrades to its corporate internet banking platform, positions Fidelity as a culturally aware financial institution capable of facilitating trade between Ghanaian and Asian businesses.
Mr. Taabavi also pointed to Fidelity’s involvement in major projects including:
- Sentuo Oil Refinery (Ghana’s largest privately owned refinery),
- Triton OCH pulp-to-paper project, and
- Long-standing partnerships with the Sunda Group.
These, he said, are testaments to Fidelity’s enduring commitment to industrial development through international partnerships.
Looking ahead, the bank plans to introduce predictive analytics tools to better support SMEs without traditional credit histories and green finance products to promote environmentally sustainable industrial activities. It will also engage more deeply with Chinese and Indian chambers of commerce.
“Local banks like Fidelity matter,” Mr. Taabavi concluded. “We understand Ghana’s business environment, we speak the language of our partners, and we are here for the long haul — day or night.”
Through its positioning and innovation, Fidelity Bank is making a strong case as the financial engine behind Ghana’s transformation into a 24-hour, globally competitive economy.
