BEIGE, the financial services provider, wishes to announce
to the general public that its subsidiary, BEIGE Capital
Savings and Loans (BCSL) has secured final approval to
operate as a Universal Bank. This final license follows
BCSL’s satisfaction of all the licensing requirements of the
Bank of Ghana.

BEIGE’s banking subsidiary will be called The BEIGE Bank.
The implication of this announcement is that BCSL, now
The BEIGE Bank, is fully authorised to offer complete
banking services to the general public.

At the time of its licensing, The BEIGE Bank had over 70
business offices around the country, over 2,000 staff and a
clientele base of almost 700,000 most of which are
individuals and SMEs.

“We are happy about this milestone. Our competencies are
in the SME space and that’s where we would play for now,”
says Mike Nyinaku, CEO of BEIGE.

The Next Steps:

Between now and the end of the year, all business offices of
BCSL will undergo a process of rebranding to reflect their
new status.

Together with its subsidiaries and affiliates, BEIGE is
currently providing direct employment to over 4,000 people
and serving a clientele base that could soon reach One
Million (1,000,000).

Kofi Otutu Adu Labi, Board Chaiman, The BEIGE Bank
We have come this far through the hard work and
dedication of our staff and the loyalty of our customers. We
are emboldened to help our customers to grow with us,
from small beginnings. We are a home grown bank
determined to make a difference in financial intermediation
in Ghana. We invite you to come along with us as partners
Dr. Mrs. Eugenia Danquah Quist - Coordinator, 1959 Year
Group - Wesley Girls High School.

I have been a regular customer of BEIGE Capital Savings
and Loans now The BEIGE Bank for the past five years. The
service experience has been excellent and for all those
years, I recommended BEIGE to professionals, artisans and
corporate business and their expectations were exceeded
by the bank. BEIGE is reliable, serviceable and trustworthy
and l call on all persons to come join this wonderful Bank
as partners.

BEIGE is the accepted trade name of The BEIGE Group
(TBG), its subsidiaries and related entities. The BEIGE
Group is a Financial Services Provider registered in Ghana
and each of its subsidiaries is a legally separate entity
which is independently regulated. Registration No.
CA-75266. Registered Office at No. 1 Djanie-Ashie Avenue,
East Legon Accra - Ghana.

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