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
In a recent political gathering hosted by the New Patriotic Party (NPP) to acclaim Samuel Abu Jinapor as a parliamentary candidate for Damongo, Francis Asenso-Boakye, Minister for Roads and Read More... The post Mahama
A student’s vow to overthrow one of Africa’s last ruling monarchs faces a roadblock: his own father, a soldier sworn to protect the throne.
The Akuapem South Municipal Assembly has dispelled claims circulating on social media about the involvement of the Municipal Chief Executive, Frank Aidoo, in the cutting and sale of some abandoned rail tracks in the municipality. Residents of the Akuapem South Municipality woke up to news alleging the involvement of the assembly in the sale of […] The post Akuapem
The outgoing Minister of Works and Housing, Francis Asenso-Boakye, in a move to pay tribute to the contributions and achievements of former Minister Hackman Owusu-Agyemang, has announced the naming of a recently completed housing project in Ringway, Accra after him. This came to light during a tour of the newly constructed 16 units of 4-bedroom […] The post Bantama Asenso-Boakye names
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
Nana Agyemang Badu Duah I, chief of Kunsu, in the Ahafo Ano South West District of Ashanti region has urged Mr. Prince Oppong, the newly elected Presiding Member to ensure unity among the members of the Assembly, irrespective of their political affiliation, to accelerate the total development of the various electoral areas. Speaking to the media […] The post Kunsuhene urges
Dr Frank Bannor Policy Think Tank, Danquah Institute has urged Ghanaians not to be influenced by the opposition NDC’s antics of painting a gloomy picture of the Ghanaian economy Read More... The post Ghana’s economy doing far better – Danquah
Majority Chief Whip of Parliament, Frank Annoh-Dompreh, has commended Vice President Mahamudu Bawumia for being very bold in his assertions, while addressing the nation on February 8, 2024. This follows Dr Bawumia’s assertion that he has learned lessons from the seven years of the Akufo-Addo government and has reviewed his vision for the country. For […] The post Bawumia can make a difference
Minister of State at the Finance Ministry, Dr. Mohammed Amin Adam has been announced as the new Minister of Finance. He takes over from Ken Ofori-Atta who was relieved of his duties by President Nana Addo Dankwa Akufo-Addo in a major government reshuffle on Wednesday. In February 2023, Dr Mohammed Amin Adam was announced Minister […] The post Amin Adam replaces Ofori-Atta
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
On January 28, Niger, Mali and Burkina Faso announced their withdrawal from the 15-member Economic Community of West African States (ECOWAS) – from which all three had been suspended following the military coups that overthrew their democratically elected governments. This represents the greatest crisis the bloc has faced since its establishment in 1975. The three […] The post
First National Bank has achieved the prestigious International Organization for Standardization (ISO) and the International Electrotechnical Commission (IEC) 27001:2022 certification for implementing a comprehensive system for managing and dealing with data security risks. As an international standard organisation, the ISO/IEC 27001 sets the requirements for establishing, implementing, maintaining, and continually improving an Information Security Management […] The post
Police in northern India have fired tear gas to prevent thousands of protesting farmers demanding minimum crop prices from marching on Delhi. The capital is ringed by razor wire, cement blocks and fencing on three sides to keep protests at bay. The government fears a repeat of 2020 – dozens died in a year-long protest […] The post Farmers’
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