Fidelity Bank Atta Gyan Calls For A Rethink On Investment Strategies At The Money Summit

The event, themed "Investing for the Future: Re-thinking Investment and Savings to Drive Sustainable Economic Growth" and sponsored by Fidelity Bank, Ghana's largest privately-owned bank, brought together key stakeholders to discuss the future of Ghana's financial landscape.In his address, Mr.

Gyan emphasized the critical role of savings and investment in fostering entrepreneurship, economic growth, and financial resilience.

He argued that traditional approaches to saving and investing are no longer sufficient and called for a paradigm shift towards sustainable investment."The challenges we face today as a nation are many, including high inflation, rising interest rates, slow economic growth, threats of sovereign default, public debt restructuring, climate change, social inequality, and technological disruption," Mr.

High levels of inflation, as we know, erode the purchasing power of savings, making it essential to seek out investment opportunities that offer returns that outpace inflation."Mr.

Gyan further outlined key roles for various stakeholders in promoting a healthy investment and savings culture.

He emphasized the need to integrate environmental, social, and governance factors into investment strategies not only to mitigate the risks but also to attract socially conscious investors and contribute to sustainable economic growth.

Gyan believes, will not only enhance Ghana's investment landscape but also contribute to its economic growth and stability.Mr.