Fidelity Bank Commits to 24-Hour Economy; Strengthens Ghana-China Business Ties


Accra: Fidelity Bank Ghana has pledged to back the Government’s ambition to build a 24-hour economy, while it supports economic growth by promoting trade and investment between Ghana and China. Mr. John-Paul Taabavi, Director of the Public Sector Group at Fidelity Bank, stated this at the just-ended summit in Accra, aimed at strengthening trade and business between Ghanaian and Chinese partners.

According to Ghana News Agency, Mr. Taabavi emphasized the bank’s commitment to providing real-time, practical solutions to support businesses and drive long-term growth. “Trade relationships don’t run on goodwill alone,” Mr. Taabavi said. “They need banking infrastructure that works across time zones, understands cultural nuances, and provides consistent, inclusive access to capital.”

The summit, held at the Labadi Beach Hotel, brought together government officials, business leaders, and development partners from Ghana and China. It was held under the theme: ‘Synergising Opportunities: Strengthening the Ghana-China
Business Relationship and Fostering a 24-Hour Economy.’

Mr. Taabavi highlighted Fidelity Bank’s track record in financing major industrial and infrastructure projects. He articulated the vision for a 24-hour economy, noting that it involves building systems that work around the clock, enabling activities such as a Ghanaian SME shipping to Guangzhou at midnight and a Chinese manufacturer settling payments in real time.

He further elaborated on aligning the bank’s services with national priorities, which include offering pre-approved credit lines to high-performing Ghanaian businesses and trade finance for companies importing solar products and telecom equipment. Building a 24-hour economy requires strong systems to make trade predictable, support cold-chain logistics, and reward sustainability with better access and pricing.

Fidelity Bank plans to introduce new measures to support business. These include deeper engagement with Chinese and Indian chambers of commerce and new green finance products for indust
rial clients. The bank also intends to use predictive analytics to support SMEs that lack traditional credit histories.

Mr. Taabavi described the bank as a reliable partner, highlighting its role in major projects like the Sentuo Oil Refinery and the Triton OCH pulp-to-paper project. He emphasized the bank’s commitment to Ghana’s industrial development through international partnerships.

To serve its growing Asian business clients, Fidelity Bank has established a Local Corporate and Asian Business Desk within its Corporate and Institutional Banking Division. This desk is staffed with relationship managers who speak Mandarin and Hindi, facilitating culturally intelligent and effective client engagement.

Mr. Taabavi also mentioned improvements to the bank’s corporate internet banking platform, which now offers multilingual features, allowing clients who speak Mandarin to use the system with ease. “Finance is about trust and trust grows in understanding,” he said, underscoring the bank’s commitment to serving
clients’ needs in both language and operational aspects.