If you are an Absa Bank customer with a penchant for using the bank’s ATM, there’s a new feature on the machine that will make your life simpler and more convenient than before. For the first time in Ghana, customers can now withdraw money from any of Absa’s ATMs...
Educates immigration officers on financial literacy The Bank of Ghana has further sent caution to the public on falling for financial products and services that seem too good to be true, especially those from unlicenced and unregulated financial institutions. Speaking at a training workshop organised by the central bank for...
The Bank of Ghana has procured 3,500 ounces of gold from Newmont Ghana as part of its Domestic Gold Purchasing Programme intended to shore up foreign reserves. This makes Newmont the first gold mining company to respond to this initiative from the central bank. Under the programme, the bank requires...
The Fiaseman Rural Bank PLC at Bogoso in the Prestea Huni-Valley District of the Western Region has posted impressive growth in all financial indicators in the 2021 year under review. Operational performance The bank has posted a pre-tax profit of a little over GH¢11million, a remarkable growth of approximately GH¢6.5million compared...
UMB leads the way with mobile solution. The Bank of Ghana’s drive to have all accounts validated and linked to Ghana Cards continues to enjoy support from commercial banks in Ghana. A significant number of banks have undertaken heavy publicity campaigns to get their customers link their cards. A...
Republic Bank has received two prestigious international awards at the just ended International Banker Awards 2022. The Bank was honoured as the Best Innovation in Retail Banking Ghana and Best Private Bank in Ghana. The awards which were published on May 30, 2022 are in recognition of the outstanding performances...
The Managing Director of Consolidated Bank Ghana LTD. (CBG), Daniel Wilson Addo has met with British Prime Minister Boris Johnson, at No.10 Downing Street, ahead of the Commonwealth Business Forum (CBF 2022) scheduled for Rwanda later this month. The meeting was organized by the Commonwealth Enterprise and Investment Council (CWEIC)...
Government is partnering a consortium of nine banks to provide credit to existing youth-led companies and, in the process, create one million jobs in the next three years. Under the commercial programme of the YouStart initiative, the banks will provide support for existing youth-led businesses with between GH¢100,000 working capital...
supports thought-leadership on AfCTA Universal Merchant Bank (UMB) is collaborating with the Ghana Academy of Arts and Sciences (G.A.A.S) on its 2022 Public Forum. The 3-day forum, on the topic ‘The African Continental Free Trade Area - Challenges and Prospects’, has been structured by GAAS to offer an expert...
Dear readers, my previous article looked at the foundation of banking successes which depend basically on ethics and professionalism. Forgive me for the audacity to allot all types of unethical acts on every desk in a bank. However, it is also important to note that these are practical scenarios...