The Nsoatreman Rural Bank Limited at Nsoatre in the Sunyani-West district of Brong Ahafo Region has budgeted to increase its operational targets in 2018 as compared to last year’s performance barometers.
The upward revision of performance targets is being motivated by gradual recovery of the economy from its troubles. The...
United Bank for Africa Ghana Ltd., Africa’s Global Bank, has picked up three awards at the 2021 Global Banking and Finance Awards in the UK. The awards are Best Banking Group Brand in Ghana; Best Remittance Bank, Ghana; and Best CSR Bank, Ghana.
The announcement was made in a release...
…to reduce cost of printing
Governor of the central bank, Dr. Ernest Addison, has said that very soon the Bank of Ghana will phase out the country’s two smaller currency notes, the GH¢1 and GH¢2 bills, and encourage the use of coins in order to reduce the cost of printing.
The...
The National Investment Bank (NIB) has made significant progress on its roadmap aimed at transforming the bank into a world-class financial institution. The transition plan, which forms part of a broader transformation programme, is designed to redirect the bank’s focus to supporting the country’s industrial development.
The transformation programme will...
Zeepay Ghana has announced its partnership with Telebirr, a mobile money service that is owned and launched by Ethiotelecom - the only telecommunication and Internet service provider in Ethiopia,
Telebirr facilitates the delivery of cashless transactions and comes to market as the second operator to mbirr.
Starting from January 1, 2022,...
Ratings agency Moody’s has said it expects revenue of banks to shrink on the account of a slowdown in growth of loans advanced.
Last Friday, the Bank of Ghana released its summary of economic and financial data, noting a continued slowdown in the growth of bank loans and advances in...
Long queues, cramped halls, system downtime, frantic tellers, and frustrated clients are some of the features that characterised banking in the not-too-distant past; albeit a picture of banking which could no longer remain the norm.
Over the course of the last decade and a half, and more especially in the...
Congratulations to Dr. Ernest Addison on his reappointment by President Nana Addo Dankwa Akufo-Addo as Governor of the Bank of Ghana (BoG). By my overall evaluation, the BoG Governor deserves to be reappointed. Whew … He was bold and courageous enough to take responsibility for the Financial sector cleanup...
We are living in a world increasingly dominated by technology. The rise of digital technology continues unabated and is reinventing even banking and other sectors of the economy. We have entered a period of exceptional destruction that is transforming how business is conducted and challenging the very foundation of...
Data from the Ghana Investment Promotion Center has revealed that over 70 percent of the locally generated funds invested in the economy went into the construction, building or real estate sector last year.
According to the Foreign Direct Investment (FDI) data recorded from January to December 2020, out of GH¢1.43...