leveraging strategic location, expertise to address shortfall
By Ebenezer Chike Adjei NJOKU ([email protected])
Ghana International Bank (GHIB), a cornerstone of West African trade finance for over 65 years, is stepping up efforts aimed at addressing the continent's substantial trade finance gap, estimated at US$80-100billion, says Chief Executive Officer, Dean Adansi.
In...
The Bank of Ghana (BoG) has warned the public against doing business with a fraudulent money doubling scheme operating in Ghana under the pseudo name “Worldremit”.
According to the central bank, this fraudulent scheme is distinct from the globally renowned Fintech, “WorldRemit” which is in the business of international fund...
The African Export-Import Bank (Afreximbank) announces that Fitch Ratings has affirmed the Bank’s long-term Issuer Default Ratings (IDR) at ‘BBB-‘with a stable outlook. The agency also affirmed the Bank's Short-Term IDR at 'F3' and senior unsecured debt at 'BBB-.'
Fitch highlighted that Afreximbank's 'BBB-' rating is driven by its intrinsic...
Access Bank as part of its ‘We Care’ initiative for employees has officially unveilled an ultra-modern daycare facility for staff.
The short and colorful event happened on Monday 23rd May 2022 at the bank's head office in Osu.
The facility is one of a kind and timely. Staff of the institution...
Prudential Bank Limited has donated GH¢200,000 to the COVID-19 National Trust Fund in Accra.
This is in addition to earlier donations made by the indigenous bank to the Ghana Association of Bankers, Ghana Tourism Authority, Ghana Immigration Service, and Noguchi Memorial Institute for Medical Research in the fight against the...
As the government steps up to clear the US$2.4 billion energy sector debt, commercial banks would have to get their credit decisions right, moving forward, to spare the taxpayer another humongous debt in the future, Emmanuel Akrong, a credit consultant has said.
“Poor credit decisions” by commercial banks, he argues,...
As part of efforts to build a strong and robust financial sector, Bank of Ghana and the Economic and Organised Crime Office (EOCO) have signed an agreement to strengthen the investigative operations of the latter.
Governor of the Bank of Ghana, Dr. Ernest Addison, signed on behalf of the bank,...
Since they are the ones that support local businesses, local banks are the most affected when government delays in paying local contractors - a situation which puts foreign concerns ahead of the competition by miles, Frank Adu, Managing Director of locally-owned CalBank has said.
“Local banks support local contractors, but...
The festive season has arrived once more, and this time of year is associated with high spending as people spoil loved ones over the holidays. Regrettably, this period is also riddled with fraudulent activities as fraudsters seek to swindle consumers at cash out points such as ATMs.
The Head of...
Sahara Group has refurbished the Metal Works Technical Workshop of the Manhean Technical School as part of its corporate social responsibility.
Working in concert with other stakeholders, Sahara Group’s intervention has transformed learning experience in the school.
The renovation of the workshop included the construction of a shed to accommodate the...
