The call has been made by Dr. Ekundayo Walton Gilpin, the Managing Director of Rokel Commercial Bank, for individuals who hold bank accounts within the country to ensure the active utilization of their accounts.
Dr. Gilpin emphasized the significance of maintaining transactional accounts, defined as accounts that are consistently active and engaged with the full spectrum of services provided by banks. This statement was conveyed during a recent interview on the African Young Voices Television's "Good Morning Salone" program.
He highlighted the bank's dedication to furnishing essential services that foster increased financial inclusion among the populace. Dr. Gilpin advocated for robust financial inclusion achieved through actions such as embracing mobile banking applications, applying for loans, and seamlessly transferring funds from applications to digital wallets.
Furthermore, he urged customers who primarily engage in basic deposit and withdrawal activities to take advantage of Rokel Commercial Bank's additional offerings. This includes leveraging banking cards, utilizing mobile applications for various transactions, checking balances, and even utilizing the bank's services for insurance payments.
Dr. Gilpin underscored the diverse opportunities within the banking sector that empower customers to actively participate in financial activities, diverging from the trend of dormant accounts with no meaningful engagement.
He emphasized the reciprocal relationship between an improved banking sector and a thriving economy. The enhanced capacity of banks to extend loans and support business endeavors translates to increased economic activity, tax revenues, and employment opportunities. The health of the banking sector, in essence, mirrors the vibrancy of the economy as a whole.
Dr. Gilpin shared insights into the bank's ambitious expansion initiative. Rokel Commercial Bank's strategic approach involves reaching underserved regions, exemplified by their branch presence across the nation. This outreach is driven by the bank's commitment to extending its services to areas that have traditionally faced challenges in accessing financial services.
Expressing his aspirational vision for the bank, Dr. Gilpin expressed a desire for the financial sector in Sierra Leone to emulate the successes witnessed in other African countries. He envisions Rokel Commercial Bank becoming a ubiquitous presence throughout the nation and potentially even transcending international borders.
Dr. Gilpin acknowledged the inherent challenges in striving to meet the standards set by other foreign financial institutions. Nonetheless, he emphasized the bank's incremental progress towards achieving these benchmarks. He envisions a future where customers can seamlessly access their accounts through mobile devices and engage with banking services globally.
Regarding international transactions, Dr. Gilpin announced that customers outside Sierra Leone can now utilize their Banking Cards featuring the VISA logo for conducting cross-border transactions. This includes the ability to send funds to their accounts back home through Rokel Commercial Bank's network of Correspondent Banks in various countries, including Turkey, New York, and the United Kingdom.
Expressing gratitude to existing customers, Dr. Gilpin extended an invitation to prospective clients to join Rokel Commercial Bank, a bank that aims to serve and be shaped by the people it serves.
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