Direct Savings and Loans Launched

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Direct Savings and Loans

Express Capital, having acquired a savings and loans license from the Bank of Ghana and has rebranded as Direct Savings and Loans Limited as it seeks to create and sustain wealth for customers while returning excellent results for shareholders and business partners.

As a leading player in financing micro, small and medium enterprises (MSMEs) in the country, Direct Savings and Loans will leverage its innovative products and services to push the course of financial inclusion in the country.

Chief Executive Officer of the company, Ben Adu-Owusu, told journalists at the launch event in Accra that his outfit recognizes the role of private sector investment and innovation in the development of the country and would provide the needed support.

He said: “We remain steadfast in our commitment to contribute to the national interest by way of increasing access to credit and employment.

We pledge to ensure that our established management structures, risk management processes and internal audit procedures will continue to be highly valued hallmark of our institution.”

Customers of the company have enjoyed excellent service delivery, thanks in great part to the strong work ethic of the employees which has grown from three to a productive workforce of over three hundred.

The company boasts of a sound corporate governance structure which is the bedrock on which the company stands despite the recent turbulence that hit the microfinance industry.

Mr. Adu-Owusu further stated that, “high corporate governance standards have been fundamental to our success and will remain the bedrock of the Company’s long term sustainability. Although at times, a seemingly taxing process, good corporate governance standards cannot be overemphasized.

This position has been our guiding light as we move towards our vision, investing in the people, technology and processes that will ensure protection of the capital and integrity of the Company.

Going forward, I expect effective corporate governance to rise as a key differentiating factor in the long term financial strength of companies in the industry. [And] we, Direct Saving and Loans Ltd, pledge to ensure that our established management structures, risk management processes and internal audit procedures continue to be highly valued hallmarks of our institution.”

Direct Savings and loans Ltd. is not only providing financial aid to its customers but also working towards creating and sustaining wealth for its customers, and returning excellent results for shareholders and business partners.

As a leading player in financing micro, small and medium enterprises (MSMEs), Direct Savings and Loans Ltd remains committed to providing excellent products and services and expanding to new regions of the country.

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