Access Bank (Ghana) Plc is celebrating 15 years of innovative banking in Ghana. The anniversary celebrations which will span the next 12 months are indicative of the Bank’s journey of growth, innovation, and commitment to excellence in the Ghanaian banking sector. Over the past 15 years, Access Bank (Ghana) Plc...
As numerous foreign banks either exit or plan to exit various African markets as part of their de-risking strategies, Ghana International Bank (GHIB), has chosen a rather different approach to risk management in its sub-Saharan operations. GHIB’s de-risking strategy for Africa is to train and upscale the capacities of correspondent...
Realising your insatiability is the first step towards curbing your insatiability. And the 18th century philosopher, Denis Diderot, he found this out the hard way. Diderot, having suffered financial droughts for a period, finally came by some good money. And what does he do? He commits the seemingly innocent...
Economists at Standard Bank, the parent company of Stanbic Bank Ghana, have reported notable improvements in Ghana’s balance of trade. In the June 2024 Flashnote of the Africa Markets Revealed (AMR) report, Standard Bank reported that the country’s trade balance reached a surplus of USD 1.81 billion in June 2024, up...
Standard Bank has mobilized sustainable finance of over US$3 billion this year to advance green and renewable energy initiatives across Africa, thereby driving sustainable growth and energy independence throughout the continent. This was disclosed by Sydney Nii Ayitey Tetteh - Executive Vice President, Energy & Infrastructure, Client Coverage, Corporate and...
By Evelyn ARTHUR, Tema The North Tema Cooperative Credit Union Ltd., in the Tema Metropolitan Area  (TMA) of Greater Accra Region, has recorded an impressive performance in most of its financial indicators for the year 2023. It ended the year with a 28.85 percent increase in profit. The union also recorded...
By Isaac SARPONG Even digital-savvy Gen Z is vulnerable to being duped In brief • Social engineering attacks are rising in the workplace, adding to widespread concerns about escalating cybersecurity threats, according to new data. • Notably, Gen Z and millennial employees are less confident identifying and responding to cyber threats...
A total of 5,700 SMEs across the country have been impacted by Absa Bank’s Young Africa Works Project. The programme, in collaboration with the Mastercard Foundation, has seen over GH¢1.1 billion invested in these SMEs, including smallholder farmers. During a recent tour of funded project sites within the Accra enclave, beneficiaries...
…a partnership between specialized deposit-taking institutions (Banks & NBFIs) and fintechs By Joseph ADJEI                                                                                               Financial inclusion simple refers to the availability of basic financial services to everyone in the society. Financial inclusion connotes making financial services very affordable and timeously accessible to  both businesses and individuals.  Basic financial services may...
By Samuel Kweku KUMAH and Frank Atsu EDEM When you think of Ghana, the lush landscapes, rich & vibrant culture, and bustling open markets often come to mind. Yet, beneath the surface lies a complex web of poverty that goes beyond mere financial inadequacies. A compendium of silent struggles, where...