BEIGE Capital secures medium term funds from INCOFIN

BEIGE Capital Savings and Loans (BCSL) has secured a medium-term funding arrangement with INCOFIN, a Belgium based investment management firm.INCOFIN Investment Management (INCOFIN IM) is a Belgium based management company with 7 impact investing facilities totaling EUR 325M under management. From ... — Read More

Premium Bank commences operations

Premium Bank, formerly known as City Investment Company (CIC), has officially begun operations with the focus on utilising technology to drive growth, boost customer base and become a dominant player in the banking space in half a decade.After meeting the Central ... — Read More

adb begins trading on GSE

The Agricultural Development Bank (ADB) yesterday begin trading on the Ghana Stock Exchange after having successfully raised about GHc325.7 million in its Initial Public Offer (IPO).With a total applicant of 405, adb sold out 122,937,718 ordinary shares with majority going to ... — Read More

adb finally listed on the GSE

The Agricultural Development Bank (ADB) is today expected to begin trading on the Ghana Stock Exchange after having successfully raise about GHc325.7 million in its Initial Public Offer (IPO).With a total applicant of 405, adb sold out 122,937,718 ordinary shares with ... — Read More

Cedi slide amidst polls uncertainty

The local currency has come under intense pressure in the run up to the elections, recording about 0.13 percent fall since November 30 and bringing the year-to-date depreciation rate to six percent.The cedi has had a fairly stable year in which, ... — Read More

Consumers still prefer branch-banking—KPMG Survey

Branch-banking remains the most dominant channel for customers’ transaction in Ghana, KPMG Ghana Banking Industry Customer Satisfaction Survey (BICSS) has found.The survey, which involved 600 retail banking customers interviewed in Accra, Kumasi and Takoradi,               found that branch remains the most dominant ... — Read More

Matured bills & bonds reach GH¢145bn in 2016

Total bills and bonds auctioned this year, from January to October, by the government, Bank of Ghana, and COCOBOD including already issued longer-term bonds that matured this year, have hit GH¢145billion, data from the Central Securities Depository has shown.The successful issue ... — Read More

Odotobri Rural Bank opens Bantama branch

Odotobri Rural Bank Limited at Jacobu in the Amansie Central District of Ashanti Region has inaugurated its Bantama branch in Kumasi.This comes to 11 the number of branches currently being operated by the Bank. The branches are, Jacobu, Obuasi, Bekwai, Asawasi, ... — Read More

Ghana EximBank takes off

Export development finance institution, EximBank Ghana, has been launched to bolster government’s quest for an aggressive and sustainable export-led economy.The EximBank has long been touted by economists and business minded think-tanks as the surest relief package whose effective operation could tackle ... — Read More

Odotobri Rural Bank gives more support to science education

Odotobri Rural Bank Limited at Jacobu in the Amansie Central District of Ashanti continues to make more social impact in its  corporate social responsibility particularly in the area of   Science education within its operational territories.A new science laboratory solely funded by ... — Read More

Interest on deposits continues to taper off

The average interest paid on deposits in the banking sector has seen a continues decline in three consecutive months, even as banks bid to attract deposits with various promotions, at a time cheap funds have become scarce.In its latest assessment of ... — Read More

TRB Foundation provides boreholes to 12 communities

The Royal Bank (TRB) Foundation, as part of its “Water for Life” project, has provided 12 boreholes to eleven communities in the Northern region. The Foundation, since its inception in August 2014, has constructed 92 boreholes across the country. The project ... — Read More

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