Zenith Bank Ghana has been adjudged Premium Quality West African Banking Brand of the Year 2021 at the 6th Global Business Quality Awards 2022 held at the Movenpick Ambassador Hotel.
The awards, organised under the auspices of the Entrepreneurs Foundation Ghana, is designed to recognise both local and international enterprises...
Access Bank (Ghana) Plc. has recorded an impressive financial performance for the first half of 2022 to maintain its positive growth trajectory over the past few years.
The bank recorded a growth of 43 percent in its Profit before Tax (PBT) as compared to the same period in 2021, from...
Central banks in major economies expected as recently as a few months ago that they could tighten monetary policy very gradually. Inflation seemed to be driven by an unusual mix of supply shocks associated with the pandemic and later Russia’s invasion of Ukraine, and it was expected to decline...
Global Credit Ratings (GCR), an international rating agency, has upgraded Fidelity Bank Limited’s national scale long-term issuer rating from A to A+, and has affirmed the bank’s short-term issuer ratings of A1 with a Stable Outlook.
GCR lists Fidelity Bank’s sound domestic franchise, good distribution network and local geographic diversification,...
United Bank for Africa Plc., Africa’s global bank, has announced the appointment of Oliver Alawuba as Group Managing Director, overseeing all the group’s banking operations across its twenty African country network and globally in the United Kingdom, the United States of America, France, and the United Arab Emirates.
Oliver Alawuba...
Rural and Community Banks (RCBs) have been urged to embrace and leverage the opportunities associated with the new GhanaPay service to grow their fee incomes so as to consolidate growth and development.
The GhanaPay is a mobile money service provided by universal banks, rural banks, and savings and loans companies...
The General Secretary of the Industrial and Commercial Union (ICU-Ghana), Mr. Morgan Ayawine, has urged members of Absa Bank Ghana Limited ICU Local Union to collaborate with management of the bank to increase productivity and maximise returns for the sustainability of the bank that will benefit the workers.
“I, therefore,...
“One day I had the opportunity to discuss my problem of raising money from banks with a well established business elder. He listened for a while and then said to me, “you are a very good engineer, but you need to get a better understanding of how banks...
Rand Merchant Bank (RMB), the corporate and investment banking arm of FirstRand Group, of which First National Bank Ghana is a member, in partnership with two other commercial banks, acted as Mandated Lead Arranger of a €90million 10-year senior debt financing package for the Terminal Industriel Polyvalent de San...
Profit before Tax increases by 24% to US$261m
Net revenues up 10% to US$910m
Record return on tangible equity of 19.5%
Earnings per share increases by 24% year-on-year
Ecobank Group today reports strong performance during the first half of 2022, with unaudited Profit before Tax (PBT) increasing...