Sunday, October 2, 2022
Ahead of the September 30, 2022 deadline for the re-registration of Subscriber Identity Module (SIM) cards in the country, the Bank of Ghana (BoG) has issued a stern caution to customers of mobile money loan facilities who are seeking to avoid repayment by not registering their SIM cards -...
Leading Fund Manager and the asset management arm of Cal Bank – Cal Asset Management Company Limited (CAMCOL) – has unveilled two unique Collective Investment Scheme (CIS) products in a move guaranteed to deepen the domestic capital market. In his remarks during the launch at the Head Office in Accra,...
The Nzema Manle Rural Bank Limited at Aiyinase in the Ellembelle istrict of the Western Region has posted some remarkable growth in all operational indicators in the 2021 year under review. The bank has recorded a post-tax profit of GH₵632,039 representing 14% growth in the 2021 year under review, as...
The NGIS Money Market Fund PLC, managed by the New Generation Investment Services Limited, NGIS, has posted a significant growth in all indicators. The fund recorded an appreciable gross investment income of 20.36 percent, translating to a little over GH₵6.8m even though there was marginal increase in interest rates on...
…shareholders to receive returns Anidaso Mutual Fund PLC has recorded impressive growth in its investment income by 26 percent and Net Asset Value per share increased to 18.66 percent in 2021, based on the country’s strong recovery from the COVID-related economic challenges. This stride will enable shareholders to enjoy returns on...
Amid the imminent restructuring of the nation’s public debt, bankers in the country are entreating managers of the economy to be circumspect in their decision-making so as not to destabilise the budding financial sector and erode recent gains made; especially as it pertains to investor confidence. At the 39th Annual...
Management of the Ghana Exim Bank has been lauded by key stakeholders within the Trade and Finance sector, as well as players in the small and medium enterprise (SME) and Creative Arts industry for its effort in the promotion of Made-In-Ghana products and services. The bank held a special edition...
The Ghana Export Promotion Authority (GEPA) has brought together some commercial banks and Small Medium Enterprises (SME) who are into export in the Ashanti Region at a forum to ensure ways to survive and compete effectively in the Africa Continental Free Trade Area (AfCFTA), including the growth of non-traditional...
First Atlantic Bank has inaugurated and handed over classroom blocks to the Abua D/A Primary School located in the Pru West district, Bono East Region. The project, which lasted for two months, in record time entailed the renovation of an existing 6-unit classroom block, washrooms  and the provision of furniture...
Chief Executive Officer of the Ghana Association of Banks (GAB), John Awuah, has described as ‘impossible’ the assertion that banks in the country could be benefitting from the difference between respective lending rates by borrowing at the lower rate and on-lending to the market at the higher rate, citing...
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