Executive Director of the UK-GHANA Chamber of Commerce (UKGCC), Adjoba Kyiamah, has bemoaned the effects of the British Airways’ cancellations on business transactions. According to her, the cut down of flights to 5-days has led to a slow pace in business, stressing that not all members who transact business across...
Amid rising interest rates on the money market, Chief Executive Officer of Letshego Ghana, Arnold Parker, has revealed that interest rates on Qwikloans will increase in the coming weeks. Qwikloan, an innovative financial solution by Letshego Ghana and MTN Mobile Money (MoMo), provides short-term, unsecured, quick and convenient loans to...
FBNBank has been presented with the Corporate Social Responsibility (CSR) Excellence Award at the 4th edition of the 2022 Health Environmental Safety & Security (HESS) awards held at the Movenpick Ambassador Hotel last Friday. The HESS awards are designed to identify and publicly celebrate outstanding companies for their exceptional performance...
now largest Specialised Deposit-Taking Institution Letshego Ghana, subsidiary of pan-African inclusive finance entity Letshego Group, has recently announced positive full-year financial results for the year ended 31 December 2021. The company’s consolidated performance for 2021 - as presented when it took its turn at the Ghana Stock Exchange (GSE)...
Access Bank Ghana Plc recorded a strong growth trajectory across key indicators in the financial year ended 2021. Profit before tax grew from GH¢355million in 2020 to GH¢501million in 2021, recording a 41 percent growth while total operating income grew from GH¢567million in 2020 to GH¢728million in 2021, recording...
The number of startups qualifying as Unicorns (valued at over US$1bn) has grown significantly in the last year and a half. The exact percentage of Unicorns’ growth in numbers since the beginning of last year comes to 162 percent with 707 new unicorns emerging in that period. Up until the...
The Bank of Ghana (BoG) has held a day’s forum to sensitize officers of the Immigration Service in the Ashanti region on financial literacy and responsibilities. The event comes under heels of numerous complaints emanating from the security agencies, especially when it comes to Ponzi schemes fad within Ghana, a...
Acting Head of Markets at Absa Bank, Jacob Brobbey, has described the Bank of Ghana’s decision to increase the capital reserve ratio (CRR) to 12 percent as timely in stemming the local currency’s descent in second quarter of the year. The central bank, in March, announced an upward adjustment of...
records about 100% growth in profit The Atwima Mponua Rural Bank PLC at Toase in the Atwima Nwabiagya district of Ashanti Region amid all the challenges - especially coming from the external business environment - has posted yet another impressive operational performance in the 2021 year under review. The Board,...
first in Nalerigu, second in North East Region GCB Bank PLC has opened a new branch in Nalerigu, the capital of the North East Region of Ghana, making it the first universal bank in the country to set up a branch in the region since its creation a few...