Wednesday, February 8, 2023
Although private sector credit growth is yet to fully recover to pre-pandemic levels, Bank of Ghana Governor Dr. Ernest Addison is confident that as momentum in economic activity picks up, which will be hinged on response to the vaccination exercise, banks will make more financing available to businesses. As of...
For the third year running, staff of FBNBank Ghana have displayed exemplary commitment to their communities by making a cash donation to the Rotary Club of Accra Ring Road Central in support of their child-focused projects. This was after the club’s ‘Walk for a Child’ fund-raising walk on the University...
Contrarily to the hesitation of many banks and financial institutions to advance support to the agricultural sector, the Nsoatreman Rural Bank Limited at Nsoatre in the Sunyani West Municipality of the Bono Region has resolved to prioritise agricultural financing in the 2021 financial year. “The bank has started giving out...
Since its inception over fifteen years ago, Zenith Bank Ghana has been an industry leader - driving financial inclusion with its vast array of digital banking products and services. Zenith has continued to set new records in the industry by using the best people and cutting-edge technology as the...
Liquidity position improves Reforms introduced to change the bank’s culture The National Investment Bank (NIB) has secured some GH¢800million capital injection from the government to boost its capital position, improve liquidity and position the bank on a path to profitability, a situation last experienced almost a decade ago. Alongside...
Standard Chartered Bank has donated 2000 PPE to the Greater Accra Regional Hospital in Ridge to aid in the fight against the novel Coronavirus pandemic. The PPE are made up of N95 masks, surgical gloves and disposable coveralls for frontline staff. The Greater Accra Regional Hospital in Ridge is the first...
Managing Director of CalBank, Frank Adu Jnr., has won the prestigious African Banker of the Year at an award ceremony held at the Sandton Convention Centre, Johannesburg, South Africa. In addition to this recognition, Frank Adu Jnr. was also inducted into Africa’s CEOs Hall of Fame for 2018 for his...
....Commits to 100% climate screening for all Bank financed projects The African Development Bank achieved a 100% investment in renewable energy in 2017, a major landmark in its commitment to clean energy and efficiency. Power generation projects with a cumulative 1,400 megawatts exclusively from renewables were approved during the year, with...
The Ghana Stock Exchange (GSE) has marked its 31st anniversary of trading on the floor of the Exchange by ringing the ceremonial bell with some dignitaries - including the Minister of Public Enterprises, regulator of the capital market, Chair of the GSE Council, Chief Executive Officers of listed companies...
The Executive Director of Association of Rural Banks, Ghana Mrs. Comfort Owusu, has advised Rural and Community Banks (RCBs) to ensure a robust credit administration in order to improve their asset quality and avoid the high incident of non-performing loans. This follows the 2nd Quarter Report, of the Efficiency Monitoring...
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