By Kwame Mensah General Secretary of Industrial and Commercial Workers Union (ICU-Ghana) has sent a warm fraternal greetings to all ICU members and the working class in general. Mr. Morgan Ayawine’s 2024 May Day Message was signed and released in Accra on behalf of ICU-Ghana. The message extended his fraternal greetings and solidarity in the to […] The post ICU
Dr. Opoku-Afari The Bank of Ghana (BoG) has praised the invaluable contribution of the National Banking College (NBC) to the training of human resources in the financial sector. The Read More... The post BoG
The National Banking College (NBC), founded in 1994 as the first specialist academic training institution for middle to top-level bankers, has marked its 30th anniversary. During the celebration on Friday, April 26, Gloria Quartey, the principal of NBC, reflected on the institution’s evolution into a beacon of banking education and shared plans for expansion, international […] The post NBC
Flagbearer of the New Patriotic Party (NPP), Dr. Mahamudu Bawumia, is expected to commence the 2024 General Election campaign on Monday, April 29, 2024. In a press statement signed by the Director of Communications for the Bawumia Campaign, Dennis Miracles Aboagye disclosed that Dr. Bawumia will start the campaign with the Eastern Region. According to […] The post Bawumia begins 2024 election
The fastest-growing bank, OmniBSIC Bank, has emerged stronger in the aftermath of the debt restructuring programme, with an impressive performance that resulted in one of the biggest profitability ratios in the banking sector last year. The bank’s profit rose by 218 percent to GH¢150.6 million in 2023, indicating a significant turnaround from the loss suffered […] The post OmniBSIC
The fastest-growing bank, OmniBSIC Bank, has emerged stronger in the aftermath of the debt restructuring programme, with an impressive performance that resulted in one of the biggest profitability ratios in the banking sector last year. The bank’s profit rose by 218 percent to GH¢150.6 million in 2023, indicating a significant turnaround from the loss suffered […] The post OmniBSIC
Fidelity Bank, Ghana’s largest privately-owned bank, reaffirmed its commitment to empowering women entrepreneurs during the Women in Business Dialogue Series hosted by the Business and Financial Times. Nana Esi Idun-Arkhurst, Divisional Director, Retail & Business Banking at Fidelity Bank, delivered impactful insights at the event, emphasizing the importance of cultivating investor-ready businesses and Fidelity’s commitment […] The post
“Banking is transforming. What a bank will be in 2030 is going to be significantly different from what a bank has been for the past few hundred years.” …Hendrith Vanlon Smith Jr, CEO of Mayflower-Plymouth Quickening the Pace of Digital Banking Last week we examined some critical training needs that financial institutions can help bridge […] The post
The Director of Communications for Bawumia’s Campaign, Dennis Miracles Aboagye, has strongly criticized former President John Dramani Mahama for his recent remarks on the educational sector. Mr. Aboagye emphasized the achievements of the governing New Patriotic Party (NPP) in recent years, stating that their accomplishments are unparalleled compared to previous administrations. Addressing the media on […] The post Mahama
No government has looked out for the poor in terms of Education than the current Akufo-Addo-Bawumia government, a Presidential Staffer Mr Dennis Miracles Aboagye has said. He says that the New Patriotic Party (NPP) administration has given the biggest scholarship for education in the history of this country. In a post on his X platform, […] The post NPP govt has
A Presidential Staffer Mr Dennis Miracles Aboagye has said that the New Patriotic Party (NPP) administration has given the biggest scholarship for education in the history of this country. In a post on his X platform, he said no government has looked out for the poor in terms of Education than the current Akufo-Addo-Bawumia government. […] The post No govt
A fiscal report authored by Banking Consultant Dr Richmond Atuahene and Data and Research Analyst Isaac Kofi Agyei has painted a grim picture of Ghana’s banking sector, attributing it to the excessive subscription of government bonds. Titled ‘Thirsty Banks: Ghana’s 2023 Challenge with High Cash Reserve Ratios,’ the report highlights the prolonged maturity period of […] The post Many
No government has looked out for the poor in terms of Education than the current Akufo-Addo-Bawumia government, a Presidential Staffer Mr Dennis Miracles Aboagye has said. He says that the New Patriotic Party (NPP) administration has given the “biggest” scholarship for education in the history of this country. In a post on his X platform, […] The post NPP govt has given
By Ebenezer Chike Adjei NJOKU ([email protected]) Indigenous financial services provider, CalBank is aiming to raise GH¢600 million in fresh capital through a renounceable rights issue. This capital injection will aid the lender’s recovery from the effects of the Domestic Debt Exchange Programme (DDEP) and fuel its future growth plans. The move will offer existing shareholders […] The post
A fiscal report authored by Banking Consultant Dr Richmond Atuahene and Data and Research Analyst Isaac Kofi Agyei has painted a grim picture of Ghana’s banking sector, attributing it to the new Cash Reserve Ratio by the Bank of Ghana. Titled ‘Thirsty Banks: Ghana’s 2023 Challenge with High Cash Reserve Ratios,’ the report highlights the […] The post Many
Fidelity Bank Ghana has been recognised by Ianmatsun Global Services at a ceremony held at the Kempinski Gold Coast Hotel for its steadfast commitment to gender equality. The bank secured a coveted spot among the top 50 employers for gender equality in Ghana and achieving the prestigious distinction of Gender Equality Champion within the banking […] The post Fidelity
Recent events in relation to the passage of the Human Sexual Rights and Family Values Bill 2024 have taken me down memory lane. Parliament unanimously passed the Bill (also known as the anti-LGBTQ+ Bill) on Wednesday, February 28. Of particular interest to me is Majority Leader, Alexander Afenyo-Markin’s objection to custodial sentencing as prescribed under […] The post The Akoto Lante Samaritan – a remix
At the maiden edition of the Women in Business Dialogue series organised by the Business and Financial Times and held in Accra, the Sector Head, SME & Retail Banking at Zenith Bank, Gloria Cabutey-Adodoadji, urged businesswomen to leverage on the golden opportunities of the African Continental Free Trade Area (AfCFTA) agreement to expand their reach […] The post Zenith
Once the new Cash Reserve Requirement (CRR) policy becomes effective, it is expected to see approximately GH¢16.2billion – US$1.2 billion flow from banks to the Bank of Ghana (BoG). CRR is a rule set by central banks requiring commercial banks to keep a portion of their deposits – local and foreign currency – as cash […] The post Editorial:
Sustainable finance, in its simplest form, is a way of managing money that takes care of our planet while achieving our business objectives. It’s about making smart financial decisions that positively impact the environment and society, not just today but for posterity. For banks, sustainable finance means supporting projects and businesses that promote the sustainability […] The post Banking
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