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Reinforcing its position as an SME focused Bank, Access Bank Ghana PLC, through its ‘W’ initiative, in partnership with Platinum Africa Solutions, has launched ‘The Business Startup Challenge’ to support startup businesses in the country. The Business Startup Challenge will provide a unique opportunity to 500 shortlisted young Ghanaian entrepreneurs...
aYo Intermediaries Ghana Limited, a leading microinsurance company has increased its maximum premium from GH¢ 4 to GH¢ 6 to give more to its existing and potential customers. The move is to enhance customer experience. Announcing this change, which took effect in August 2021, the Chief Executive Officer (CEO) of aYo...
With financial systems across the continent set for increased integration under the African Continental Free Trade Area (AfCFTA), domestic industry watchdog the Bank of Ghana will heighten its monitoring of developments in the trade area and put measures in place to ensure local financial institutions are insulated from external...
Release of  funds will improve profitability levels, Capital Adequacy Rural Banks in Ghana have exhibited resilie5qnce and continue to stand the test of time and have worked in the interest of their customers and shareholders as per their legitimate mandate as banks operating in our communities and serving critical financial...
Republic Bank (Ghana) PLC has introduced on the market two new and additional mortgage repayment plans that are targetted at giving home owners more flexible forms of repayment and saving on interest paid at the end of the loan term. This is the first of its kind in Ghana and...
The recent government 6-year bond that was oversubscribed is indicative of investors’ positive outlook on inflation, which the Bank of Ghana has targetted at 8±2 percent at the end of the year, Senior Investment Analyst at OctaneDC Limited, Kwadwo Acheampong, has said. Per the latest inflation figures reported by the...
Absa Group, one of the largest financial service providers in Africa, will strengthen efforts to grow its digital partnerships ecosystem across Africa with the appointment of HYBR and SystemicLogic, which will help Absa identify potential collaboration partners. “We believe in the substantial mutual value that is created by connecting with...
Africa’s leading financial institution, United Bank for Africa (UBA) Plc, has announced its audited half-year financial results for the half-year ended June 30, 2021 - showing impressive growth across all major income lines and performance indicators. The Pan-African financial institution delivered a 33.4% appreciation in its profit before tax, which...
Emerging Financial Technology (FinTech), Regulatory Technology (RegTech) tools as well as the national identity (Ghana) card will serve to remedy the age-old problem of access to finance by Small and Medium-sized Enterprises (SMEs), as they will aid financial institutions - particularly banks - in their Know-Your-Customer and risk assessment...
Fidelity Bank Ghana has been adjudged the Bancassurance Leader of the Year at the recently held Ghana Insurance Awards in Accra for its outstanding leadership in delivering exceptional bancassurance products and services to its customers and stakeholders. The Ghana Insurance Awards is a platform that honours top class performance, professionalism,...
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