Absa Bank empowers persons with disabilities through financial literacy programme

The banking industry has an unhealthy concentration of bad loans in two sectors of the economy, where it channelled a bulk of its credit in 2025, PricewaterhouseCoopers (PwC) Ghana has revealed, just as the fall in interest rates pares the profit cushion that once absorbed such losses.

The Managing Director of Ghana's number one bank, GCB Bank, Mr. Farihan Alhassan, has been honoured with the Special African Leadership Commendation Award in recognition of his outstanding contribution to Ghana's banking sector and his role in driving institutional growth, innovation and financial inclusion.

Rising debt defaults are placing growing pressure on businesses across the country, with unpaid loans and trade debts straining cash flow, weakening balance sheets and contributing to the collapse of some financial institutions, according to debt-recovery firm Rosik Consults Limited.

Global bulk material handling specialist Martin Engineering Africa has strengthened its presence in Ghana by appointing Aggrey & Associates as its exclusive distributor, a move aimed at expanding technical support and improving operational efficiency for the country’s mining and industrial sectors.

Absa Bank Ghana’s sustainability team has delivered a financial literacy session for Persons with Disabilities (PWDs) at the British Council in Accra, as part of the bank’s colleague volunteerism efforts under its Force for Good agenda.

 The Agricultural Development Bank (ADB) PLC has reaffirmed its commitment to supporting Ghanaian businesses in competing effectively in global markets by hosting a high-impact Trade Seminar in Kumasi.