ADB has confirmed that it indeed received letters from Belstar Capital Limited, EDC Limited and Starmount Investment Limited pledging their various shares in the Agricultural Development Bank Limited to Unibank. A press release issued by the bank Wednesday stated that: “It is the opinion of ADB that, a pledge does...
The Ghanaian private sector recorded a sustained improvement in business conditions in January. This means that the operating conditions for businesses in the country have seen consistent growth for the past two years. This was contained in the January 2018 edition of the Standard Bank Purchasing Managers Index (PMI),...
The Annual Percentage Rates (APR) and Average Interest (AI) report for December 2017 released by the Bank of Ghana have shown that the lending rate to the agriculture sector remain high, as it hit 31.1 percent at the close of 2017. The report shows that out of the 31 commercial...
Hello Readers, have you observed the latest catchy adverts on radio in respect of the new marriages between telephone companies (Telcos) and financial institutions? I find them very fascinating because barely two years ago, there was a turf war between the telco giants and banks, with so much suspicion...
Ecobank Ghana last week held a capacity-building webinar for Non-Governmental Organisations (NGOs) and Civil Society Organisations (CSOs) across the country. The forum, which was held via Microsoft Teams brought together over one hundred participants, mainly local organisations to deliberate on various topics related to national development, financial inclusion and general...
Republic Bank Ghana, a subsidiary of Republic Financial Holdings Limited has launched its annual Christmas Loan Campaign for 2020. This year’s Christmas Loan Sale comes as part of the Bank’s COVID-19 reliefs to Ghanaians and offers an interest rate as low as 19% and a same day loan approval for...
The US dollar has now entered the early stages of what looks to be a sharp descent. The dollar’s real effective exchange rate (REER) fell 4.3% in the four months ending in August. The decline has been even steeper as measured by other indexes, but the REER is what...
Standard Chartered Bank, in collaboration with mPharma, has presented portable Polymerase Chain Reaction (PCR) equipment as well as diagnostic extraction kits and tubes to the Kumasi Centre for Collaborative Research in Tropical Medicine (KCCR), to aid the mass testing of COVID-19 cases in Ghana. The donation is part of a...
Studies have shown that leadership is required at all levels of establishment governance to ensure achievement of corporate goals (Yon, Kim, Ko, & Park, 2016). It has been established that through leaders, major decisions of organisations are carried out and that, through leadership, managers affect employee’s behaviour in an...
Patricia Sappor, President of the Chartered Institute of Bankers, Ghana has been honoured by the West Africa Nobles Forum (WANF), for her honesty, integrity and accountability in both her private and public lives. As a recipient of this year’s prestigious Nobles International Award for Men and Women of Integrity in...