…may send some countries into debt-distress
With the continent’s growth expected to shrink by as much as 9 percent as a result of the coronavirus pandemic, the virus is also expected to result in losses of about 30 percent of fiscal revenue - leaving African countries at the mercy of...
Motivation is unobservable directly. As noted by Kwon (2016), “motivation resides within an individual and it enables them to act in a particular manner to achieve specific goals and objectives”. For instance, acquiring money is owing to extrinsic motivation but the main reason behind the acquisition of the money...
Standard Chartered Bank Ghana & the Ghana Climate Innovation Centre at Ashesi University have partnered to support women-led or women-owned businesses in the technology sector with business incubation support and grants of over US$150,000.
Through the SC Women in Tech Business Incubator programme, Standard Chartered Bank and the Ghana Climate...
The Fiaseman Rural Bank Limited at Bogoso in the Prestea Huni-Valley district of the Western Region has inaugurated a branch at Kokompe in Takoradi in the Western Region.
This brings to twelve the number of branch offices currently being operated by the bank. The branches are Bogoso, Sikafie-Bogoso, Prestea, Tarkwa,...
Bernice Amissah, a customer of the Cape Coast Branch of Republic Bank, won the grand prize of a fully expenses paid trip to Dubai for two in the final Republic Bank Christmas Loan Campaign Promotion Draw. Bernice Amissah and two other lucky grand prize winners had their prizes presented...
For the majority of Ghana’s banking public, today’s Ecobank is virtually unrecognisable from the bank that opened its doors to them 30 years ago in 1990. The Ghanaian subsidiary of the Pan African banking giant Ecobank Transnational Incorporated (ETI) is undoubtedly the finest and one of the largest universal...
The Monetary Policy Committee (MPC) of the Bank of Ghana has, once again, kept the policy rate at 14.5 percent, citing risk to inflation and fiscal disruptions emanating from COVID-19 related expenditure as reasons, making it the sixth consecutive time the MPC has kept the policy rate constant in...
set to support with financing to boost manufacturing capacity
As part of efforts to make significant in-roads in the healthcare sector, CalBank PLC has partnered with the Ghana National Chamber of Pharmacy (GNCoP) to, among other things, improve the knowledge of stakeholders within the sector and enhance the understanding...
GCR Ratings (“GCR”) on August 25, 2022, affirmed its strong rating of Ecobank Ghana - long and short-term issuer ratings of A+(GH) and A1(GH) respectively, with a positive outlook. The Rating agency also extended the rating to September 30, 2022.
In a report published on its website, the GCR stated...
Curtis William Brantuo (Esq.) has been appointed Deputy Managing Director of ARB Apex Bank PLC. His appointment took effect from December 1, 2022, and he will complement Alex Kwasi Awuah, who was appointed Managing Director of the bank in January this year.
Prior to his appointment as Deputy Managing Director,...