The Deputy Managing Director of Fidelity Bank, Atta Gyan, stressed the potential of green bonds to drive sustainable development and attract new investors to Ghana’s financial market.
“As we look towards the future of finance, we believe some of the most interesting opportunities lie in the introduction of sustainable financial products like green bonds,” he stated.
He was speaking at the maiden ACI Financial Markets Conference in Accra, which attracted industry leaders, regulators and policymakers to discuss the future of Ghana’s financial sector.
Mr Gyan noted the pivotal role of sustainable financial products, particularly green bonds, in shaping the future of Ghana’s financial landscape.
He explained that green bonds offer a unique opportunity to channel capital directly into projects that address critical environmental challenges such as renewable energy, sustainable infrastructure and efficient resource management, adding that “these bonds can be a powerful tool for both environmental and economic impact, attracting socially conscious investors who seek to make a positive difference.
The potential is vast. Exciting and profitable projects, social capital and strong market demand can pave the way for green bonds to become a cornerstone of sustainable finance in our economy. With the right policies, collaboration and commitment to tracking performance, we believe green bonds offer a compelling way to create social good while driving long-term value.”
Green bonds market
Mr Gyan added that the bank is committed to playing a leading role in the development of the green bond market in Ghana saying: “This commitment aligns with the bank’s broader strategy of leveraging innovation to drive the future of finance while ensuring that progress is rooted in ethical excellence and inclusion”.
He mentioned the transformative power of innovation in the financial sector when he said “Innovation is the force that shapes the future of the financial industry.”
Mr Gyan stressed the importance of adapting to technological advancements to meet future needs.
He said innovation in the financial market should not only enhance operations but also address the real needs of individuals and businesses across the country.
Mr Gyan noted that innovation must be balanced with ethical practices because “trust is the currency of the financial market. It is built on a foundation of ethical conduct.”
Commitment
Fidelity Bank, he assured, remains committed to maintaining the highest ethical standards, ensuring that progress is both sustainable and inclusive.
Mr Gyan also highlighted the importance of expanding access to financial services as a critical component of a vibrant financial market.
He expressed delight at Fidelity Bank’s efforts at promoting financial inclusion through innovative products and services designed for the underserved, including the bank’s low KYC Smart Accounts and extensive agency network.
“Through collaborative efforts, we can expand access to financial services, making it easier for individuals and small businesses to participate in the economy,” he said.
Story By graphic.com.gh
