Navigation

© Zeal News Africa

CalBank MD underscores wellness, indigenous growth at RED Walk Climax

Published 11 hours ago2 minute read

As part of activities marking its 35th anniversary, CalBank climaxed its RED Week celebration with a nationwide wellness walk dubbed the RED Walk on Saturday, July 12, 2025.

The walk began and ended at the bank’s headquarters in Accra, winding through Osu, and drew participation from staff, partners, and clients.

Speaking to the media on the sidelines of the event, Managing Director of CalBank, Carl Selasi Asem, said the RED Walk was not just a wellness activity, but a reaffirmation of the bank’s values and long-term commitment to building a strong, homegrown financial institution.

“The main objective of this walk aligns with our values week, which incidentally coincides with our 35th anniversary, and we also wanted to use this occasion to remind all staff and all stakeholders about our values, which have made us resilient,” he said.

The MD also added that the bank remains strong and well-capitalised to serve the banking public.

The bank, one of Ghana’s leading indigenous financial institutions, returned to profitability last year after being impacted by the government’s Domestic Debt Exchange Programme (DDEP), which significantly affected the banking sector.

“The shareholders have come together after the DDEP and are making a very good asset quality review. We took some hit, but we have actually bounced back. The shareholders have demonstrated full commitment and support to be able to recapitalize the bank, so we are stronger as we have returned to profitability,” he added.

Origin:
publisher logo
CitiNewsroom.com
Loading...
Loading...
Loading...

You may also like...