Frequently Asked Questions

Response: The Company is wholly owned by Ghanaians and one of them is Rev. Dr. Paul Frimpong-Manso (the General Superintendent of the Assemblies of God Churches in Ghana), who doubles as the Board Chairman.


Response: T: COMMERZ Savings and Loans itself started active operations this year (2017) but the mother company, NORDEA CAPITAL, which is an investment banking firm regulated by Security and Exchanges Commission (SEC), with over GHS 200 Million funds under management, has been in existence for over four (4) years. Our office was previously located near Awudome Roundabout.


Response: Currently, COMMERZ has one branch operating from the Head Office, located at Roman Ridge, opposite Accra Girls SHS. However, we plan to open a minimum of three (3) more branches in 2017 and the Awudome Branch should be up and running before the beginning of the second quarter of 2017.


Response: The Management Team is headed by Dr. Edem Bart-Williams, who is a seasoned banker, entrepreneur and academician par excellence. He is assisted by Mr. Derrick Ewudzie-Odoom, who has garnered over 12 years’ experience in banking, having previously worked with ProCredit, Intercontinental Bank, BEIGE Capital and The Seed Funds. We also have Mr. John F. Morgan-Eshun, Mr. Isaac Awua-Boateng and other members who together have close to 90 years of substantial banking experience.