Tuesday, June 15, 2021
set to charge fees on Instant Pay, MoMo interoperability & ACH Direct waivers affecting GhIPSS’ sustainability fees charge takes effect from May 23 The Ghana Interbank Payment and Settlement Systems Limited (GhIPSS) has said it is unable to continue waiving the fees it charged on services including Mobile Money...
E.S.L.A PLC, on Monday, November 6, 2017, said it successfully closed its books for the issue of the ESLA bonds on Friday, November 3, 2017, after extending the timeline for the issue of the 10-year bond by one week. Despite investors making bids in excess of GH¢2.79 billion for the...
The Asantehene, Otumfuo Tutu II has urged the New Development Bank to collaborate with the Agriculture Development Bank Plc (ADB) for a successful implementation of its development agenda particularly in the area agriculture. The collaboration, according to Otumfuo, will enhance agribusiness financing which is the core mandate of ADB as...
Ecobank, in partnership with the Africa Centres for Disease Control and Prevention (CDC), has held a public forum to engage customers and the public on the effects of COVID-19 on health in Africa, as well as on individuals and businesses. Held virtually via Facebook Live and YouTube, the forum...
The Derby Avenue branch of GCB Bank Ltd will open for business on Monday, 4th January 2021. GCB Derby Avenue is located near the Rawlings Park and opposite the Makola Shopping Mall in the Central Business District of Accra. With the opening of the GCB Derby Avenue Branch, the Makola branch of...
Even though the coronavirus pandemic has wrecked many sectors of the economy and plunged businesses into disarray, there is a positive side of the virus as it is pushing the cash-lite agenda of the country, according to data from the Bank of Ghana. The Summary of Economic and Financial data...
Cash is king! This quote is facing a serious threat as the world is making headway toward becoming a cashless economy. The increasing digitisation of global payments required that Ghana aligned its payment system with global developments to facilitate secure deployment and adoption of digital payments. The payment system in...
The International Finance Corporation (IFC), a subsidiary of the World Bank Group, has presented ‘Banking on Women’ - an initiative that seeks to encourage banks to explore targetted investment and advisory services to promote access to finance for women entrepreneurs. The product is expected to also explore untapped opportunities within...
To support Small and Medium Enterprises (SMEs), Fidelity Bank in partnership with the International Finance Corporation (IFC) initiated a four-part webinar series to offer financial and business strategies for SMEs to navigate the economic downturn caused by the COVID-19 pandemic. The webinar series was organized under the Bank’s new...
The Head of Client Coverage at First National Bank Ghana, Richard Kokoih, has affirmed the bank’s commitment to supporting government in its bond-issuance programme that will increase the availability of funds for financing developmental projects. According to Mr. Kokoih, the important role of banks like First National Bank in supporting...
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