{"id":15561,"date":"2026-04-02T15:00:04","date_gmt":"2026-04-02T15:00:04","guid":{"rendered":"https:\/\/gnbcc.net\/?p=15561"},"modified":"2026-04-02T15:09:27","modified_gmt":"2026-04-02T15:09:27","slug":"absa-sme-business-clinic-equips-entrepreneurs-with-financial-management-strategies","status":"publish","type":"post","link":"https:\/\/gnbcc.net\/absa-sme-business-clinic-equips-entrepreneurs-with-financial-management-strategies\/","title":{"rendered":"Absa SME Business Clinic equips entrepreneurs with financial management strategies"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">Absa Bank Ghana has hosted another session of its SME Business Clinic at its Nester Square branch, bringing together small and medium enterprise owners for practical discussions on credit management, cash flow discipline and cheque management, as part of the bank\u2019s ongoing commitment to supporting business growth beyond financing.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The clinic, which forms part of Absa\u2019s ongoing SME engagement series, focused on helping business owners strengthen their financial management practices, minimise bad debts and avoid common banking challenges that can affect business sustainability.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Delivering the opening remarks, the SME Cluster Relationship Manager at Absa BankGhana, Edward Mawudem&nbsp; emphasised that banking had evolved beyond transactions and financing and that Absa was focused on supporting customers throughout their business journey.<br>\u201cWe believe banking has gone beyond just opening accounts and providing loans. We see ourselves as partners in our customers\u2019 business journey and our SME Clinics are one way we support them with the knowledge and guidance they need to grow their businesses successfully,\u201d he said.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The Corporate Credit Manager at Absa Bank Ghana, Kesse Kwarteng, took the participants through practical credit control strategies and elucidated on the importance of managing receivables and minimizing bad debts to maintain healthy cash flow.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The participants were taught how to implement clear credit policies, define payment terms before giving goods on credit, keep proper records of customers who owe, and actively follow up on payments to ensure that sales translate into actual cash for the business.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The clinic also addressed cheque management and how businesses can avoid dud cheques and related penalties, with guidance from Gabriel Okai, Head of Governance at Absa Bank Ghana. Business owners were advised to always confirm that sufficient funds are available before issuing cheques, keep simple records to track issued cheques, monitor their accounts regularly, and maintain constant communication with their bank to avoid penalties associated with returned cheques.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The clinic also featured an interactive question and answer session, where participants shared challenges they face in managing customer debts, banking transactions and business financing.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The Absa SME Business Clinic continues to serve as a platform for knowledge sharing, practical business education and engagement with entrepreneurs, reinforcing the bank\u2019s commitment to supporting SMEs with financing solutions and knowledge to build resilient and growing businesses.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Click <a href=\"https:\/\/ghanaiantimes.com.gh\/absa-sme-business-clinic-equips-entrepreneurs-with-financial-management-strategies\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\"><strong>here<\/strong> <\/a>for source.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The GNBCC premium member Absa Bank Ghana has hosted another session of its SME Business Clinic at its Nester Square branch, bringing together small and medium enterprise owners for practical discussions on credit management, cash flow discipline and cheque management, as part of the bank\u2019s ongoing commitment to supporting business growth beyond financing.<\/p>\n","protected":false},"author":1,"featured_media":15562,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_bbp_topic_count":0,"_bbp_reply_count":0,"_bbp_total_topic_count":0,"_bbp_total_reply_count":0,"_bbp_voice_count":0,"_bbp_anonymous_reply_count":0,"_bbp_topic_count_hidden":0,"_bbp_reply_count_hidden":0,"_bbp_forum_subforum_count":0,"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"yes","rop_publish_now_accounts":[],"rop_publish_now_history":[],"rop_publish_now_status":"pending","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_post_was_ever_published":false},"categories":[153,193],"tags":[],"class_list":["post-15561","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-articles","category-member-spotlight"],"jetpack-related-posts":[{"id":3782,"url":"https:\/\/gnbcc.net\/absa-set-to-empower-smes-through-business-clinics\/","url_meta":{"origin":15561,"position":0},"title":"Absa Set to Empower SMEs Through Business Clinics\u00a0","author":"Michael Teye","date":"February 24, 2025","format":false,"excerpt":"Absa Bank Ghana has announced a series of SME Business Clinics aimed at helping entrepreneurs gain strategies for growth.","rel":"","context":"In &quot;Members&quot;","block_context":{"text":"Members","link":"https:\/\/gnbcc.net\/category\/members\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":14756,"url":"https:\/\/gnbcc.net\/absa-bank-strengthens-sme-growth-through-mtn-nova-mini-mba-partnership\/","url_meta":{"origin":15561,"position":1},"title":"Absa Bank strengthens SME growth through MTN\u2013NOVA Mini-MBA partnership","author":"Michael Teye","date":"January 23, 2026","format":false,"excerpt":"Ghana\u2019s small and medium-sized enterprises remain central to employment creation and local economic activity, yet many continue to face capability gaps that limit their ability to scale sustainably.","rel":"","context":"In &quot;Member Spotlight&quot;","block_context":{"text":"Member Spotlight","link":"https:\/\/gnbcc.net\/category\/member-spotlight\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/gnbcc.net\/wp-content\/uploads\/2026\/01\/MEMB-ABSA-scaled.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/gnbcc.net\/wp-content\/uploads\/2026\/01\/MEMB-ABSA-scaled.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/gnbcc.net\/wp-content\/uploads\/2026\/01\/MEMB-ABSA-scaled.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/gnbcc.net\/wp-content\/uploads\/2026\/01\/MEMB-ABSA-scaled.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/gnbcc.net\/wp-content\/uploads\/2026\/01\/MEMB-ABSA-scaled.jpg?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/gnbcc.net\/wp-content\/uploads\/2026\/01\/MEMB-ABSA-scaled.jpg?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":3197,"url":"https:\/\/gnbcc.net\/absa-bank-sme-loan\/","url_meta":{"origin":15561,"position":2},"title":"ABSA Bank SME Loan","author":"","date":"February 6, 2025","format":false,"excerpt":"GNBCC member ABSA bank is offering a 10% p.a SME Loan to members who are looking to grow their businesses.","rel":"","context":"In &quot;Members&quot;","block_context":{"text":"Members","link":"https:\/\/gnbcc.net\/category\/members\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/gnbcc.net\/wp-content\/uploads\/2025\/02\/ABSA-loan-1.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/gnbcc.net\/wp-content\/uploads\/2025\/02\/ABSA-loan-1.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/gnbcc.net\/wp-content\/uploads\/2025\/02\/ABSA-loan-1.png?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":17410,"url":"https:\/\/gnbcc.net\/member-spotlight-absa-bank-ghana-named-ghanas-best-retail-bank-at-euromoney-awards-for-excellence-2026\/","url_meta":{"origin":15561,"position":3},"title":"Member Spotlight: Absa Bank Ghana Named Ghana\u2019s Best Retail Bank at Euromoney Awards for Excellence 2026","author":"Paul N.","date":"July 24, 2026","format":false,"excerpt":"GNBCC Premium Member Absa Bank Ghana has been named Ghana\u2019s Best Retail Bank at the Euromoney Awards for Excellence 2026, recognising its continued commitment to customer-focused innovation and excellence in retail banking. The GNBCC congratulates Absa Bank Ghana on this well-deserved achievement.","rel":"","context":"In &quot;GNBCC Members&quot;","block_context":{"text":"GNBCC Members","link":"https:\/\/gnbcc.net\/category\/gnbcc-members\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/gnbcc.net\/wp-content\/uploads\/2026\/07\/Newsletter-Blog-Media-20.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/gnbcc.net\/wp-content\/uploads\/2026\/07\/Newsletter-Blog-Media-20.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/gnbcc.net\/wp-content\/uploads\/2026\/07\/Newsletter-Blog-Media-20.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/gnbcc.net\/wp-content\/uploads\/2026\/07\/Newsletter-Blog-Media-20.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/gnbcc.net\/wp-content\/uploads\/2026\/07\/Newsletter-Blog-Media-20.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":8523,"url":"https:\/\/gnbcc.net\/absa-strengthens-position-as-africas-leading-employer\/","url_meta":{"origin":15561,"position":4},"title":"Absa Strengthens Position as Africa\u2019s Leading Employer","author":"","date":"February 7, 2025","format":false,"excerpt":"Absa has been recognised as a Top Employer for 2025 by the prestigious Top Employer Institute (TEI).","rel":"","context":"In &quot;Members&quot;","block_context":{"text":"Members","link":"https:\/\/gnbcc.net\/category\/members\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/gnbcc.net\/wp-content\/uploads\/2025\/07\/2025-02-07_0_absa.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/gnbcc.net\/wp-content\/uploads\/2025\/07\/2025-02-07_0_absa.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/gnbcc.net\/wp-content\/uploads\/2025\/07\/2025-02-07_0_absa.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/gnbcc.net\/wp-content\/uploads\/2025\/07\/2025-02-07_0_absa.png?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":13739,"url":"https:\/\/gnbcc.net\/absa-advocates-for-debt-capital-markets-instruments\/","url_meta":{"origin":15561,"position":5},"title":"Absa advocates for Debt Capital Markets instruments","author":"Michael Teye","date":"November 7, 2025","format":false,"excerpt":"Absa Bank Ghana has called on corporate institutions to take advantage of Ghana\u2019s growing debt-capital markets as a credible and sustainable source of long-term funding, describing it as an essential complement to traditional banking solutions at a time when Ghana\u2019s economy shows renewed stability and investor confidence.","rel":"","context":"In &quot;News Articles&quot;","block_context":{"text":"News Articles","link":"https:\/\/gnbcc.net\/category\/news-articles\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/gnbcc.net\/wp-content\/uploads\/2025\/11\/ABSA.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/gnbcc.net\/wp-content\/uploads\/2025\/11\/ABSA.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/gnbcc.net\/wp-content\/uploads\/2025\/11\/ABSA.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/gnbcc.net\/wp-content\/uploads\/2025\/11\/ABSA.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/gnbcc.net\/wp-content\/uploads\/2025\/11\/ABSA.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]}],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/gnbcc.net\/wp-content\/uploads\/2026\/04\/ABSA-scaled.jpg","_links":{"self":[{"href":"https:\/\/gnbcc.net\/wp-json\/wp\/v2\/posts\/15561","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/gnbcc.net\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/gnbcc.net\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/gnbcc.net\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/gnbcc.net\/wp-json\/wp\/v2\/comments?post=15561"}],"version-history":[{"count":1,"href":"https:\/\/gnbcc.net\/wp-json\/wp\/v2\/posts\/15561\/revisions"}],"predecessor-version":[{"id":15563,"href":"https:\/\/gnbcc.net\/wp-json\/wp\/v2\/posts\/15561\/revisions\/15563"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/gnbcc.net\/wp-json\/wp\/v2\/media\/15562"}],"wp:attachment":[{"href":"https:\/\/gnbcc.net\/wp-json\/wp\/v2\/media?parent=15561"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/gnbcc.net\/wp-json\/wp\/v2\/categories?post=15561"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/gnbcc.net\/wp-json\/wp\/v2\/tags?post=15561"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}