By Isaac FRIMPONG (Ph.D.)
Fraud in financial institutions remains a persistent challenge in Ghana, despite regular audits, technological improvements, and discussions among stakeholders. The Bank of Ghana’s 2023 fraud report reveals alarming trends.
For instance, fraud cases increased by 5 percent from 15,164 in 2022 to 15,865 in 2023, with the...
By Buertey Francis BORYOR
FirstBank Ghana Limited has kicked off the year with its annual health walk at Peduase in Accra, promoting employee fitness, strengthening team bonds and setting a proactive tone for a productive 2025.
Speaking to the B&FT after the event, Managing Director (MD) of FirstBank Ghana, Victor Yaw...
In a heartwarming display of compassion, the Orange Women's Network (OWN) at Fidelity Bank, Ghana's largest privately- owned indigenous bank, extended a helping hand to families facing the challenges of neonatal care during the festive season.
OWN, a vibrant community within Fidelity Bank that empowers women, supported the Neonatal Intensive...
By Samuel SAM
As rural banks continue to bridge the gap between traditional banking and underserved communities, Sonzele Rural Bank PLC (SRB) stands as a shining example of resilience, innovation and community impact.
Established in 1980 and licenced in 1983, the bank has become a beacon of hope for the people...
By Kenneth Owusu Asante AMPONSAH
Managing employee knowledge and skills—termed "human data"—is a critical but frequently overlooked aspect of risk management in financial institutions.
This article explores the importance of maintaining dynamic, up-to-date employee knowledge to reduce risks, improve decision-making, and enhance organizational performance.
Human Data as a Double-Edged Sword
Employees represent...
“Self-reflection is the school of wisdom”…..Baltasar Gracian
“Ambitious New Year’s resolutions often end in disappointment. So instead of setting unrealistic goals in 2022, business leaders should consider making smaller, simpler changes—and they just might see better results”, says Harvard Business School Professor Hirotaka Takeuchi.
Even before changes can be made, I...
Republic Bank (Ghana) PLC, has appointed Venus Francis Frith as the Chief Operating Officer (COO) of the Bank. Mr. Frith assumed the role on December 20, 2024 after the Bank of Ghana’s approval.
As the Chief Operating Officer, Mr. Frith will directly supervise Republic Trust, Corporate Banking, Custody and International...
OmniBSIC Bank, one of the foremost financial institutions, has announced the relocation of its Achimota branch to 29 J.A Kufuor Avenue, Achimota. This strategic move highlights the Bank’s focus on enhancing its brand visibility and delivering an improved banking experience.
The new location, conveniently positioned near Neoplan Company on the...
By Juliet Aguiar DUGBARTEY, Takoradi
First Bank Ghana has been re-launched and officially opened the Takoradi Branch at the central business district to serve the individual and the business community, in the Western and Western North Regions.
“As a business, we recognise that Takoradi is a hub for both lower-end and...
Absa Bank has demonstrated its commitment to supporting Ghanaian small businesses by donating GH¢150,000 to support traders affected by the devastating fire on January 2. The donation comprised GH¢100,000 in cash and GH¢50,000 worth of roofing sheets to aid rebuilding efforts of the traders.
The brief presentation at the Kantamanto...