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
“The beginning of every government starts with the education of our youth” – Pythagoras I listened attentively to the President’s address to the nation during the 67th Anniversary Read More... The post Unlocking The
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
Nana Oye Bampoe Addo Free Senior High School (SHS) which was introduced by government in 2017, according to Nana Oye Bampoe Addo, has increased enrolment in schools for both Read More... The post Free SHS Has Increased
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
Mary Annan Awuku, the founder of the ‘Yes She Can Foundation’, is encouraging young women to take up the mantle of change and reshape the narrative of Ghanaian history. She pointed out that the history of Ghana has often been interpreted through a male-centric perspective, leading to the frequent omission of women from significant events […] The post Be
Zanetor Rawlings, the Member of Parliament (MP) for the Korle Klottey, has appealed to Ghanaians to uphold, protect, and value the nation’s democracy. Speaking at the commemoration of the 67th Independence Day celebration at the Accra High School, the MP drew attention to the ongoing democratic instability across Africa, emphasizing the necessity of strengthening Ghana’s […] The post 67th
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
The Headmistress of Ejisu Senior High Technical School, Grace Asamani, has reassured the public that despite the recent rainstorm that wreaked havoc on the school’s boys’ dormitory and other classrooms, academic activities remain unaffected. The destructive impact of Saturday’s rainstorm prompted swift action, with contractors already underway to re-roof the affected building. In the interim, […] The post Ejisu
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
The flagbearer of the opposition National Democratic Congress, John Dramani Mahama, has accused the governing New Patriotic Party (NPP) of double standards in the ongoing debate over the review of the Free Senior High School Policy. The governing NPP has consistently rejected calls for a review of the free SHS programme introduced in 2017. Speaking […] The post Free SHS
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 pragmatic education policy introduced by the Akufo-Addo government has never received any acclaim from the opposition NDC. The late Lee Ocran, a Minister of Education under the late Read More... The post Why They Give Free SHS Bad Name appeared first on DailyGuide
The Sophisticated, High-Networth & Excellence (SHE) Global Awards, a Dubai-based, annual business ceremony to honour successful women change-makers, has selected Accra-Ghana as the destination to host the fifth edition of the prestigious event slated for 12th -13th April, 2024. The awards, which are organised by the publishers of Ladies in Business Magazine Global, in the […] The post Accra
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
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