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...
Prudential Bank, a leading indigenous bank, has demonstrated resilience by posting strong growth results across all key financial metrics despite a challenging operating environment.
The bank’s transformation agenda continues to deliver impressive positive results as pre-tax profit grew by 49.6 percent from GH¢62.79million in the first half of 2021 to...
as EXCO members engage with editors
In appreciation of the media’s influential role in its success over the last 15 years, senior executives of Fidelity Bank Ghana, led by its Managing Director, Julian Opuni, have engaged with editors from key media houses to thank them for their support.
The engagement,...
a risk management perspective (II)
“Life is like a piano, the white keys are happy moments and the black keys are sad moments. But remember both keys are played together to give sweet music in life”
Hello Readers, last week I started an article on how modernization and branding of...
During the prestigious Euromoney Awards, Ecobank won the coveted titles of 'Africa's Best Bank,' 'Africa's Best Bank for SMEs,' and 'Africa's Best Digital Bank’. The Euromoney Awards for Excellence, which have been running for 30 years, are highly regarded by the global banking industry.
Ade Ayeyemi, Chief Executive Officer of...
Respond promptly to customer concerns to enable you to recover from bad experiences
As a boy, I learned a valuable lesson from my dad about feedback, something which keeps coming back to me again and again. Anytime I ran an errand for him, he insisted on my coming back...