{"id":7216,"date":"2025-12-26T11:52:34","date_gmt":"2025-12-26T10:52:34","guid":{"rendered":"https:\/\/advansinternational.com\/?post_type=insights&p=7216"},"modified":"2026-04-17T13:16:01","modified_gmt":"2026-04-17T11:16:01","slug":"digital-banking-payments-are-reshaping-the-future-of-finance-in-ghana","status":"publish","type":"insights","link":"https:\/\/advansinternational.com\/en\/insights\/digital-banking-payments-are-reshaping-the-future-of-finance-in-ghana\/","title":{"rendered":"Digital Banking & Payments are Reshaping the Future of Finance in Ghana"},"content":{"rendered":"\n
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Discover our latest interview with Amand Abban, Head of Digital Banking & Alternative Delivery Channels at Advans Ghana Savings & Loans, who shares his insights on how digital innovation is reshaping financial services. Through this discussion, Advans highlights its role among international microfinance institutions<\/strong>, leveraging technology to strengthen micro financing in Africa<\/strong> and deliver more inclusive, efficient financial solutions.<\/p>\n

We have just launched digital lending. Why is this a major milestone for Advans Ghana?<\/span><\/em>
\nSo, for us in Advans Ghana, data lending is going to be a game-changer. We believe that there is significant potential to rapidly grow our GLP, leveraging on digital\u00a0loans for clients. Our objective is to be able to offer these loans to our clients through automated credit decisions. So, we are going to leverage on using AI to analyze multiple data points, credit bureau data, we are looking at their transaction data on their account or looking at their mobile money transaction history, their behavioral patterns on social media platforms. We are going to use as much data as we can to be able to score their credit score for them and from there we are going to be able to lend to them on our digital loan scheme. We seek to approach this project in two phases, So, the first phase will be to offer these digital loans to our clients and once we have\u00a0proven the model, we have learned from the experiences that we’ve had lending to our\u00a0clients, we will extend this to external customers as well.<\/p>\n

What does this change in terms of your risk management?<\/em><\/span>
\nFrom a risk perspective, we are going to, like we mentioned, we are going to use a lot\u00a0of AI and a lot of data points to ensure that as much as possible we have very accurate\u00a0credit score for these clients.\u00a0And also in terms of the disbursement, it is going to be a tiered approach. So, for first time borrowers, they will be eligible for some small amount and once they\u00a0have taken the loan, they have paid, they have proven their repayment history and credit\u00a0worthiness, we will be able to advance much bigger loans to them.\u00a0So, from a risk perspective, we will be able to analyze and build their credit history\u00a0for these clients before we are able to advance them significantly bigger loans.<\/p>\n <\/div>\n <\/div>\n <\/div>\n <\/div>\n <\/div>\n <\/div>\n\n\n\n\n

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