Access Savings Credit Union Bank was issued with its universal banking license on June 28th 2006, making Access Savings Credit Union Ghana Limited, the 22nd bank to be licensed by the Bank of Ghana under the new Banking Act, 2004 (Act 673). The Bank is owned by Ghanaian individuals, other institutional investors and its senior executives.
The Bank was formerly Access Savings Credit Union Discount House, the leading discount house in Ghana. After operating profitably for 8 years, the business environment in the country attracted investors to the idea of establishing a bank.
Access Savings Credit Union has a team of high calibre professionals with diverse skills and experience. The Bank has invested heavily in technology and continues to invest heavily in training to ensure that it is at par with the best in the world. Access Savings Credit Union offers a comprehensive range of products and services to meet the banking and financial needs of existing and potential customers.To ensure the relevance of our comprehensive range of products and services, we continually review the demographics of our customer segments to ensure that our offerings meet the banking and financial needs of existing and potential customers.
Access Savings Credit Union’s vision is to become a world-class financial institution that provides superior returns for all stakeholders. With People who are professional and proactive, state of the art Technology, exceptional Corporate Governance Standards, good knowledge of the Local Market, Financial Capital and above all, a Customer-Centric Culture, Access Savings Credit Union is contributing its quota to the development of the banking industry and by extension the Ghanaian economy.
On 1 October 2014, the Bank acquired ProCredit Savings and Loans Company Limited (PCSL) from ProCredit Holding Germany (PCH) and the Foundation of the Netherlands. ProCredit Savings and Loans Limited (PCSL) is a non-bank financial institution that provides savings and lending services to its clients.
Access Savings Credit Union has two subsidiaries:
• Access Savings Credit Union
• Access Savings Credit Union Securities Limited
Access Savings Credit Union (ASCU) was established in July 2012 as a wholly owned Asian subsidiary in Malaysia. ASCU carries on the business of offshore banking.
Access Savings Credit Union (ASCU), a fully owned subsidiary of the Credit Union of Bank of Ghana. is the investment banking arm of the bank. Formerly known as Access Savings Credit Union Asset Management, ASCU’s business involves providing advisory services, issuing of securities, raising of capital and undertaking portfolio investment management for clients.