OmniBSIC Bank is a comprehensive universal bank that resulted from the merger of OmniBank and Sahel Sahara Bank, a move driven by the Bank of Ghana’s 2017 banking consolidation program, which required a significant increase in capital reserves. The merger, widely regarded as one of the most successful in Ghana’s financial industry, was a synergistic step, as both banks shared similar values, business models, and a commitment to outstanding customer service.
The bank is focused on expanding its retail banking services and embracing digital transformation. It continues to invest in advanced banking technologies, such as the Flex cube core banking system, while maintaining ISO certification for information security, which ensures customer trust and compliance with global standards.
OmniBSIC offers a diverse range of products, including loans, savings accounts, checking accounts, debit and credit cards, and mortgages, catering to individuals, SMEs, and large businesses. The bank has made significant strides in profitability and operational efficiency, with impressive growth in investments and deposits in 2023.
In recognition of its strong corporate governance, service quality, and commitment to excellence, OmniBSIC Bank was honored with the prestigious “Bank of the Year” award at the 2024 Ghana Business Standards Awards. This accolade reflects the bank’s ongoing dedication to driving growth, innovation, and sustainability within Ghana’s banking sector.