Women's World Banking Ghana Promoting a Savings Culture
The Women’s World Baking Ghana is helping promote the savings culture among children with the opening of free bank accounts to new born babies. With GHS 100.00, each account is to be held in trust for the children by both the bank and the parents until the children are old enough to access them.
The Chief Executive Officer of the bank, Charlotte Lilee Baidoo, said the registration of infants was to cure the lack of savings culture malaise and help them to build on it when they grow.
The bank established some 32 years ago to empower women and make resources available to them to enhance their businesses was also given a license to operate a savings and loans outlet.
Ms. Baidoo discussed the program during a presentation of a Rambo 1,000 litre water tank to the A1 Mother and Baby Ward of the Komfo Anokye Teaching Hospital in Kumasi on Monday.
The presentation of the water tank followed a need assessment by the bank recently on which area it could provide support to the hospital.
The tank is to serve as a backup to the ward and make water easily accessible to pregnant and nursing mothers.
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