PAT and total assets up 9.1% and 11.5% respectively pandemic bites hard as net impairment loss up 109.4% loan book shrinks 25.5% sets ambitious 20% loan book growth target CalBank has continued to post respectable gains despite fresh economic challenges occasioned by the rise in COVID-19 case count...
Bora Capital Advisors has launched two collective investment schemes, the Bora Fixed Income Unit Trust and Bora Balance Unit Trust, at an event in Accra. The schemes are targetted at Ghana’s retail and institutional markets to service a growing client demand and also meet a regulatory directive from the Securities...
Participants at a High Tea event to inspire, connect and empower women, have hailed Access Bank for its continued commitment to women empowerment. The conference curated for Access Bank under its flagship women initiative ‘W’, brought together reputable female thought leaders from various industries and professional fields including finance, entrepreneurship,...
Universal Merchant Bank (UMB) has signed an agreement with the National Association of Registered Midwives, Ghana (NARMG) to offer its members loan facility up to GHS150,000 which will be spread over a period of 48 months. The newly introduced UMB Controller Loan product for the NARMG will be at a...
OmniBSIC Bank, a leading financial institution in Ghana, has announced its commitment to strengthening collaboration and partnership with China in order to enhance the seamless transaction of businesses and build socio-economic development between the two countries. The bank’s Managing Director, Daniel Asiedu, made this known during the 62nd signing ceremony...
....Commits to 100% climate screening for all Bank financed projects The African Development Bank achieved a 100% investment in renewable energy in 2017, a major landmark in its commitment to clean energy and efficiency. Power generation projects with a cumulative 1,400 megawatts exclusively from renewables were approved during the year, with...
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...
ASA Savings and Loans Limited has presented various items to All-Badahial Khairiya Islamic Basic School at Agona Nkwanta in the Ahanta West district of the Western Region. The items include a desktop computer with it accessories, computer table, 11 tables and chairs for the teachers, as well as six water...
One thing was certain at the end of the Absa Ghana Inspire Me Conference in Accra: women businesses ought to be more collaborative and bolder in pushing the frontiers of growth in Africa. The conference took centre-stage in Accra last week, bringing together prominent African women businesses and entrepreneurs to...
Standard Chartered Bank has donated 2000 PPE to the Greater Accra Regional Hospital in Ridge to aid in the fight against the novel Coronavirus pandemic. The PPE are made up of N95 masks, surgical gloves and disposable coveralls for frontline staff. The Greater Accra Regional Hospital in Ridge is the first...