Recapitalisation efforts on track, profitability rebounds Stability Fund offers additional support Bank of Ghana Governor Dr. Ernest Addison has stated that recapitalisation of banks following the Domestic Debt Exchange Programme (DDEP) should continue without any significant hitches, on account of their performance in 2023, as well as the Ghana Financial Stability Fund (GFSF). Speaking during […] The post Banks
The Bank of Ghana Monetary Policy Committee (MPC) has announced a cut in the key policy rate from 30 percent to 29 percent, offering businesses a much-needed respite. This marks the first cut in two years. The previous policy rate of 30 percent had lasted a period of six months. Speaking at a press briefing […] The post Policy rate cut to 29% on back of retreating
Kwamina Asomaning delivering the keynote address at the graduation ceremony Chief Executive of Stanbic Bank Ghana, Kwamina Asomaning, has called on young graduates to embrace the journey of discovery Read More... The post Embrace Journey Of Discovery
Dr. Ernest Addison The Monetary Policy Committee (MPC), of the Bank of Ghana has dropped its lending rate from 30% to 29% following a decline in inflation. The Governor Read More... The post Policy Rate Drops To 29% appeared first on DailyGuide N
Fidelity Bank Ghana, the country’s largest privately-owned bank, concluded the festive season with a display of generosity through its Employee Volunteering Program (EVP). Under this program, over 300 staff members engaged in impactful nationwide Corporate Social Responsibility (CSR) initiatives, combining time, financial resources, and personal involvement to uplift the lives of the less fortunate. In […] The post Fidelity
OmniBSIC Bank, the fastest-growing Bank in Ghana and Bank of the Year, 2023 has relocated its Anloga Branch in Kumasi to the City Style Building on Stadium Road Amakom, Kumasi as part of the Bank’s ongoing brand enhancement effort. The relocation of the branch is aimed at providing an improved banking experience, easy accessibility, ample […] The post OmniBSIC
Dr. Ernest Addison, BOG Governor The Human Right Division, Accra High Court, has dismissed an application filed by Dr. Papa Kwesi Nduom, GN Saving and Loans Company and others for Read More... The post ‘Central Bank Revoked GN Bank Licence Legally’ appeared
Dr. Ernest Addison – Governor of Bank of Ghana The Bank of Ghana (BoG) has announced a significant reduction in its Monetary Policy Rate, also known as the base Read More... The post BoG Lowers Base Rate To 29% To Stimulate Economic Growth
In an age dominated by digital interactions and the incessant flow of information, the significance of safeguarding personal and organizational data has never been more pronounced. Recognizing the importance of data protection, Data Protection Day, observed annually on January 28th, serves as a poignant reminder of the collective responsibility to uphold privacy standards. In this […] The post
Chief Executive of Stanbic Bank Ghana, Kwamina Asomaning, has called on young graduates to embrace the journey of discovery as they begin their lives out of school. Mr. Asomaning said this at the graduating class of 2022/2023 of the College of Humanities, University of Ghana. The Stanbic Bank Chief Executive shared insights from his personal […] The post Stanbic
Some officials of Absa Bank Ghana displaying the awards ABSA BANK Ghana has been recognised for its outstanding support to the agricultural sector by the Ghana Incentive-Based Risk-Sharing System Read More... The post Absa Bank Grabs 4 Agri-Financing Awards appeared first
The Development Bank Ghana has injected more than GH¢1billion into the private sector since its inception in June 2022, its Chief Executive Officer, Kwamina Duker, has revealed. This investment, he noted, has played a pivotal role in fortifying over 80 businesses, resulting in the creation of over 6,000 jobs. Thirty-eight percent of these jobs have […] The post DBG
The Agricultural Development Bank (ADB) and five other banks have secured a court order to prevent any sale or transfer of assets of PBC Limited, including its headquarters at Number 106 Olusegun Obasanjo Way, Dzorwulu Junction in Accra. This follows a judgment secured by the six banks against PBC Limited. The other five banks include […] The post ADB,
The Agricultural Development Bank (ADB), alongside five other Banks, has secured a court order to prevent any sale or transfer of assets of PBC Limited including its headquarters at Number 106 Olusegun Obasanjo Way, Dzorwulu Junction in Accra. This follows a judgment attained by the six banks against PBC Limited. The other five banks involved […] The post ADB,
Ousmane Diagana The World Bank has approved a $300 million Development Policy Operation for the country. This first resilient recovery development policy financing is a critical contribution by the Read More... The post World Bank Approves $300m
The Bank of Ghana (BoG) is prepared to continue the necessary structural reforms to revive the country’s shaky economy. It emphasizes the importance of vigilance and commitment in realigning the country’s economic situation. Following the approval of the second $600 million tranche from the International Monetary Fund (IMF), Dr. Ernest Addison, Governor of the Bank […] The post We’ll
…marks International Day of Education As the world commemorates the sixth International Day of Education on January 24, 2024, Fidelity Bank Ghana, the largest privately-owned bank in the country, proudly takes a leading role in advocating for the theme ‘Learning for Lasting Peace’, designated by the United Nations. This significant day serves as a poignant […] The post Fidelity
Mansa Nettey Standard Chartered Bank Ghana PLC has announced the opening of applications for Cohort 4 of the Standard Chartered Women in Technology (SCWIT) Incubator Programme. According to the Read More... The post Stanchart Opens Applications For SCWIT Cohort
The awardees Fidelity Bank, Ghana’s largest privately-owned bank, shone with four of its employees at the Ghana Association of Bankers Awards recently receiving noteworthy awards. Amongst the awardees was Read More... The post Bankers Honour Fidelity Enployees appeared first on
The World Bank today, January 23, 2024 approved a $300 million Development Policy Operation for Ghana. The First Resilient Recovery Development Policy Financing is a critical contribution by the Bank’s International Development Association (IDA) to help Ghana’s economic recovery and support the country’s resilient and inclusive growth. “The Government of Ghana remains committed to restoring […] The post World
Facebook
Twitter
Pinterest
Instagram
Google+
YouTube
LinkedIn
RSS