Ghana’s Stanbic Bank has deployed solar-powered ATMs in some parts of the country as it looks to overcome the erratic nature of electricity supply by providing a reliable, cost-effective and environmentally-friendly alternative of running an ATM.
With this move, power outages would no longer be a barrier to customers who heavily rely on the ATM for financial transactions as the ATMs are expected to run 24 hours a day barring any unforeseen circumstances.
Farihan Alhassan, Head of Customer Channels, Stanbic Bank Ghana said, “As a customer conscious bank, we definitely need to make sure that clients readily access their money whenever they want. We wanted to prevent the inconvenience caused to clients when ATMs are completely down because there’s no power.”
About 16 panels, which have the capacity of producing between three and five kilowatts, thus saving the bank an estimated GHS36,000 in energy cost annually, provides power to each ATM and also feeds a system that includes a battery bank, CCTV cameras and air conditioners.
At the moment, eight solar-powered ATMs have been installed and plans are underway to install more across the country, especially in high density areas and areas that experience frequent power outages.
The deployment of the solar-powered ATMs, which are valued at US$17,000 and comes with 20 years warranty, is in accordance with Stanbic Bank’s promise of promoting positive environmental practices.
Stanbic Bank Ghana Limited is a first tier bank in Ghana and has “earned a well-deserved reputation as a customer-oriented, business friendly and socially relevant bank”.
Image Credits: Business World Ghana
No comments:
Post a Comment