The African Guarantee Fund (AGF) and United Bank for Africa (UBA), on Monday, signed a partnership that ensures that UBA provides US$100million in new loans to small and medium enterprises (SME) and businessowners across the 20 African countries where the bank has presence in Africa. The AGF, under this agreement, will support and guarantee SMEs with US$50million Portfolio […] The post
FBNBank Ghana has hosted a special International Women’s Day event to celebrate and empower women, reaffirm its mission to champion gender equality, and eliminate the biases that undermine the progress of women. This event was undertaken by the bank as part of its celebration of this year’s International Women’s Day (IWD 2024) under the theme […] The post FBNBank
FBNBank has once again reiterated its unwavering dedication to the youth at the launch of the Ubuntu Equip Programme, which was held at the British Council last Friday. The event marked the beginning of an initiative aimed at empowering young individuals with the tools, resources and skills needed to succeed in today’s dynamic world. The […] The post FBNBank’s
OmniBSIC Bank marked another milestone with the successful conclusion of its 4th edition Health Walk, on Saturday, March 2, 2024, fostering a spirited atmosphere of community engagement and well-being in the process. The event brought together a diverse group, exceeding previous participation with staff, customers, vendors, and esteemed guests including the bank’s full Board of […] The post
By Elizabeth PUNSU, Kumasi The Amenfiman Rural Bank PLC at Wasa Akropong in the Wasa Amenfi East District in the Western Region has inaugurated its branch in Adum, the heart of business and trade, at the central business district of Kumasi. This adds to the already existing three branches since its penetration into the Ashanti […] The post Amenfiman Rural Bank opens Adum
We hereby bring to the notice of the general public, a publication of the list of persons having accounts with Absa Bank Ghana LTD that have not been operated for a minimum of five (5) years and are classified as dormant, in accordance with the Banks and Specialized Deposit-Taking Institutions Act, 2016 (Act 930). The […] The post Absa Unclaimed and Dormant Account 2024
Togbe Afede XIV, the Agbogbomefia of the Asogli State, has strongly criticised the recent decision by the Bank of Ghana (BOG) to reduce the policy rate from 30% to 29%, describing it as nothing more than a “big joke.” The BOG’s Monetary Policy Committee (MPC) announced this cut on January 29, 2024, with Togbe Afede […] The post BoG’s 1% policy rate cut
By Effie AMISSAH The banking industry underpins the financial services industry in the country. Regulated by the Bank of Ghana, the industry provides an avenue where cash, credit and other financial transactions for both individuals and businesses are accessed. According to the 2023 Price Water House Coopers Banking Survey Report, the banking industry contributed GHC16.21 […] The post The
In today’s dynamic financial landscape where borders are increasingly blurred and customer demands transcend local confines, only institutions with a forward-thinking global perspective can truly thrive. Fidelity Bank, Ghana’s foremost privately-owned bank, exemplifies this ethos, consistently surpassing local standard while making its mark on the global stage. Seamless banking solutions for a connected world At […] The post
The Group Managing Director (GMD) of UBA Group, Mr. Oliver Alawuba, recently paid a working visit to the Governor of the Bank of Ghana, Mr. Ernest Addison, in a meeting that underscored UBA’s commitment to regulatory compliance and strategic expansion in Ghana and beyond. Mr. Alawuba assured Governor Addison that UBA would continue to adhere […] The post Governor
The Member of Parliament for Tamale North, Alhassan Suhuyini, is seeking clarity from the Speaker of Parliament regarding the position of the new standing orders of the house on the selection of caucus leaders. This follows rumours of a possible reshuffle in the leadership of the majority caucus, which has generated some tension among the […] The post Alhassan
By Raghuram G. Rajan & Viral V. Acharya Almost a year after the mini banking crisis in the United States, it is worth revisiting the episode. Was it just a tempest in a tea-cup? Was there really a systemic threat, or was it just a problem with a few banks? Should the interventions by the […] The post The danger of forgetting the 2023 banking crisis appeared
The value of loans granted by financial institutions fell by 54.9 % in the last quarter of 2023. The total amount of secured loans registered by banks and Specialized Deposit-Taking Institutions (SDIs) stood at almost GH¢5.9 billion compared to the GH¢13.2 billion in the same period of 2022. This huge decline of GH¢7 billion in […] The post Total value of secured loans
Homeownership is one of the most rewarding experiences in one’s lifetime. It is an important decision to make and requires the right type of financing options to suite the purpose. Buying your first home has been made easy through Republic Bank’s Home Purchase products. Existing homeowners can also take a mortgage to renovate, expand, release […] The post OutStandingBrands24:
Sekyere Rural Bank Plc has over the past four decades held certain corporate values of achieving an excellent relationship with customers and giving the best to shareholders. These values have been at the forefront of the bank’s operations and forms part of the fundamental element on which the bank was established. Since its establishment, the […] The post
…the front desk executive “People perform best and deliver the best customer service when they like what they do.” Author Unknown The front desk of many financial institutions are manned by pleasant looking ladies and gentlemen, yet despite the external beauty, some of them are not experienced enough to meet the requirements of the job. […] The post
The newly appointed Finance Minister, Dr. Mohammed Amin Adam, has given the greatest assurance that he will not depart from the policies and programmes of the government as contained in the 2024 budget. Dr. Amin Adam emphasized his familiarity with the ministry, its programmes and challenges and indicated that his one year as a Minister […] The post I’ll continue with
Access to financial services continues to play a pivotal role in driving economic growth in nations across the globe. In the wake of rapid post-COVID-19 structural transformations in economies worldwide, the issue of financial inclusion has taken centre stage in national policy discussions. Financial inclusion stands as a vital indicator for inclusive growth in any […] The post
Zenith Bank has reaffirmed its commitment to the real economy, as evidenced by a slew of measures geared toward empowering Micro, Small and Medium Enterprises (MSMEs) in the country, a move which it describes as ‘true banking’. This renewed dedication was announced by its Managing Director and Chief Executive Officer, Henry Onwuzurigbo, and comes on […] The post Zenith
Flagbearer of the National Democratic Congress (NDC), John Dramani Mahama, has eulogized the late Chief Executive Officer of Access Holdings, the parent company of Access Bank, Herbert Wigwe. Herbert Wigwe, his wife, and son were among six individuals on board a helicopter that crashed in the United States early Saturday, February 10, 2024. The deadly […] The post It’s
Facebook
Twitter
Pinterest
Instagram
Google+
YouTube
LinkedIn
RSS