The Prudential Bank Ltd (PBL), an indigenous financial institution, has organised its first church financial and digital banking seminar aimed at promoting the adoption of digital banking solutions among churches and their employees.
The event, held in Accra, attracted a section of church leaders and administrators in Accra and Tema across several denominations.
Speaking at the opening of the seminar, the Managing Director of the PBL, Bernard Gyebi, expressed gratitude to the attendees for their continued partnership with the bank.
He encouraged the participants to fully engage with the bank's staff to gain insights into the unique array of digital products and services specifically tailored to meet the financial needs of churches and religious organisations.
The bank’s Chief Financial Officer, Frank Kommey, led an interactive session focused on financial management and best practices. He emphasised the importance of implementing internal controls such as budgeting and oversight committees to strengthen financial governance within churches.
Additionally, Mr Kommey discussed investment and savings options, highlighting investment policies, liquidity management and the PBL's value proposition.
The Managing Director of eTranzact, a payment solutions partner of the PBL, Dr John Apea, led his team to demonstrate new business-to-business (B2B) payment solutions designed for organisations such as churches.
They encouraged attendees to leverage these digital solutions to facilitate church growth.
Head of the Digital Transformation Department, Terrance Addy, provided an overview of the bank’s payments and collections ecosystem.
He highlighted the variety of available solutions including the PBL’s PAPSS platform, M-Pay, POS terminals, web acquiring platform, USSD long codes for collections, MasterCard corporate cards and the MTN Partnership.
He reiterated the bank’s strong commitment to collaborate with churches to tailor digital solutions to their specific needs.