The Minister of Finance, Ken Ofori-Atta, has called on bondholders to participate fully in the Domestic Debt Exchange Programme (DDEP) in order to ensure the success of the government’s debt operation.
With the recent amendments to the framework of the DDEP and agreements with key stakeholders, he emphasised that time...
This edition concludes our insight on the main topic ‘Analysing the Social Media Mix of Banks in Ghana’ with an index of all the five platforms and banks’ performance (depths). The first part was published in the Monday 16 January 2023 edition of this column and proceeded with the...
Months after its major brand refresh in South Africa and other subsidiaries, new digital interfaces and a new approach to integrated advice, First National Bank has been named the Strongest Banking Brand in the World in the Brand Finance Banking 500 2023 Report. The bank emerged as the leader...
In line with Access Bank’s sustainability vision of becoming the most sustainable and respected bank in Africa, staff supported three Sustainable Development Goals through the Employee Volunteering Programme (EVP), touching the lives of over 100,000 people in over 70 communities across six regions of Ghana; namely: the Upper West,...
… Understanding the Risks and Mitigating Strategies
The growing trend of using payment cards for money laundering has become a cause for concern among regulators and risk professionals. The reasons for accepting payments from ‘perceived’ money launderers can be absurd and comical, but the consequences can be serious. In this...
Policies spearheaded by the Bank of Ghana (BoG), particularly those driven by mobile money, led to a rise in financial inclusion to 68 percent in 2021 from 22 percent in 2011.
According to the Bank, key drivers of inclusion over the ten-year period were mobile money, digital banking and the...
Stanbic Bank Ghana has emerged as the highest-rated Ghanaian bank in Overall Service Quality for Personal and Business Customers on the 5th Ghana Customer Service Index (GCSI), a survey conducted by the Institute of Customer Service Professionals (ICSP).
The GCSI 2022 measured customer satisfaction, its causes, and effects as well...
eTranzact Ghana Limited, a leading financial technology entity at the forefront of delivering cutting-edge innovation in the electronic payment space, has been adjudged the Leading Fintech Solution Provider of the Year, 2022, at the second edition of the ‘Ghana Fintech Awards’, held in Accra.
The brand further consolidated its leadership...
The Chief Executive Officer of Dalex Finance and Leasing Company Limited, Kenneth Thompson, has urged government to secure cross-party support for the proposed Domestic Debt Exchange Programme,
He said having multi-party and stakeholder support is crucial, especially if/when the programme’s duration goes beyond the current administration’s tenure of office.
“With the...
The central bank stands ready to safeguard the financial sector with plans to provide exclusive liquidity arrangements to banks, aside from the Ghana Financial Stability Fund (GFSF), that may be affected by the Domestic Debt Exchange Programme (DDEP), Bank of Ghana Governor, Dr. Ernest Addison, has assured.
The Bank’s intervention,...