The Governor of the Bank of Ghana, Dr. Ernest Addison, has underscored the need for banks to remain committed to their critical role of bridging trade financing in both the primary and secondary markets. According to the governor, this will help strengthen the country’s financial systems. Speaking at the Ghana International Bank cocktail event to […] The post BoG
By Ebenezer Chike Adjei NJOKU [email protected] Ecobank has pledged to remain a frontrunner in responsible waste disposal and conversion by promoting waste as a valuable resource. The commitment forms part of the bank’s week-long celebration themed: ‘Promoting Sustainability Through Waste Transformation: The Ecobank Way,’ launched at its Head Office in Accra. Setting the tone, Managing […] The post
The Ghana National Gas Company (GNGC) has attributed the emergency landing by the Ghana Air Force helicopter on Tuesday, March 19, at Bonsukrom near Agona Nkwanta in the Western Region to the perilous atmospheric conditions. Ghana Gas assured the public that the incident would not affect its operations at Atuabo. On Tuesday, March 19, 2024, […] The post Bad weather
Zenith Bank, one of Ghana’s leading financial institutions, has opened its newest branch at Techiman, in the Bono East Region of Ghana. Strategically located in the heart of Techiman, this expansion underscores Zenith Bank Ghana’s commitment to serving communities across Ghana and fostering economic growth in the region. With the opening of the Techiman branch, […] The post
By Rashidatu IBRAHIM Parliament has held a workshop to familiarise members of the Parliamentary Press Corps (PPC) with the updated Standing Orders of the House. The two-day workshop, held over the weekend in Ada, aimed to acquaint the press with the new orders and equip them with the necessary knowledge to accurately convey information to […] The post Parliament
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
At least 10 people have been killed and thousands displaced as a rebel group with alleged links to neighbouring Rwanda seized a town in Congo’s conflict-hit eastern region on Wednesday, March 6, 2024, according to reports. The seizure of Nyanzale by M23 rebels came after days of fighting with security forces, local civil society leader […] The post At
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
…Your look: A reflection of your brand By Charllotte YEBOAH In the fast-paced world of corporate culture, appearances matter. As professionals, how we present ourselves speaks volumes about our personality, professionalism, and attention to detail. Whether we realize it or not, our appearance is a powerful tool that can influence how others perceive us and […] The post Crafting
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
Facebook
Twitter
Pinterest
Instagram
Google+
YouTube
LinkedIn
RSS