Further demonstrates pan-African and global growth
Declares interim dividend of 0.07cents per share.
Gross earnings rises to US$2.02million.
Bank’s total assets hits US$20.3billion.
Shareholders’ funds at US$2.26billion.
Africa’s global bank, United Bank for Africa (UBA) Plc., delivered an outstanding performance for the half year ended June 30, 2023, as...
Bank of Ghana data shows that the while coronavirus pandemic has severely bruised the country’s economy, leading to losses in most sectors, other sectors have started showing recovery even as early as the month of May 2020.
The data reveals cement sales and port activities have improved significantly in the...
… to hold rising inflation, falling cedi
The Monetary Policy Committee (MPC) of the Bank of Ghana has - for the first time in recent history - hiked the policy rate by 250 basis points, saying current economic conditions which include fiscal pressures, inflation and exchange rate volatility, among...
In the wake of COVID-19, Consolidated Bank Ghana has reached out to the Potter’s Village Orphanage in Dodowa, Accra with food items including bags of rice, boxes of tin tomatoes, cooking oil, bags of gari, bags of sugar, boxes of tuna flakes, and boxes of biscuits.
The donation is in...
Since the beginning of the COVID-19 outbreak, multilateral development banks have stepped up their trade finance programs to support essential imports and key exports
The African Development Bank Group has joined the World Trade Organisation and other multilateral development banks to reduce trade finance gaps that emerge as a result...
GHL Bank, formerly Ghana Home Loans, has signed up with Western Union to offer money transfer services - joining a global network of Western Union partners to provide a fast, reliable, secure and convenient way of remitting funds within the country as well as inbound transfers.
The Executive Director of...
President Nana Addo Dankwa Akufo-Addo on Tuesday said government is keen on making Ghana a regional hub for financial services.
Thus, it is committed to supporting the country's financial market to enable it contribute to that vision of making Ghana a capital market destination.
Speaking on the floor of Ghana Stock...
… Republic Bank Ghana partners 5 pension trustees
With a 20-year payment term and mortgages backed by Tier 2 and Tier 3 pensions, Republic Bank Ghana has introduced a pension-backed mortgage programme for employees whose pension funds are held by partnered Trustees.
The partnership, with five Pension Trustees - namely Republic...
Africa Currencies Topline
Nigeria: Labor union spurs the Nigerian central bank to action.
Ghana: Price increases in the dollar and petroleum products.
South Africa: Rand continues trading to the beat of external factors.
Egypt: Greater exchange rate flexibility continues to impact foreign exchange reserves.
Kenya: Central bank retains the CBR rate at 10.5%.
Uganda: Uganda...
In our everyday interactions, we usually say that our resources are limited and concerned about how we use them to satisfy our needs. People try to ensure that they don’t pay for any good or service more than its quality. Expressions like “things sold at a good price” or...