Republic Bank (Ghana) PLC has appointed Benjamin Dzoboku as its new Managing Director, succeeding Mr. Farid Antar on his retirement. The Bank of Ghana granted approval to the appointment on 10th May 2022. Mr. Antar retires from the bank on 15th July 2022 after over 42 years of exceptional service...
I refer to the above-mentioned subject published in the Business and Financial Times dated Thursday, May 5, 2022 (p.5) both online and in print, where I made a comprehensive analysis on the performance of the Banking Sector based on the 2021 audited financial statement. In the article, some figures...
Africa has seen a paradigm shift in the fronts of business operations in the past few years, especially in 2020 at the peak of the COVID-19 pandemic brouhaha. The African continent is creating an entirely new developmental path harnessing the potential of its resources and people, as highlighted by...
The Bank of Ghana has abolished some unfair fees and charges among other practices in the banking sector, in an effort to protect the public. In a notice, the central bank highlighted that maintenance fees on savings accounts charged by financial institutions are prohibited. “Always look out for debits on your...
The Managing Director of GCB Bank PLC, Mr. Kofi Adomakoh, says the bank’s focus is driving revenue. He said having laid a strong foundation and tightened risks, the Bank is well-positioned to return value for investors. Speaking at an investors’ call last Friday, Mr. Adomakoh disclosed that credit under-writing standards have...
Fidelity Bank Ghana has announced the appointment of Mr. Atta Yeboah Gyan as its Deputy Managing Director in charge of Operations and Support functions. Atta Gyan is a hands-on executive and ascends to this new role with a wealth of experience in several aspects of banking - including Finance, Corporate...
The need for constant reinvention has become a running theme within the corridors of Absa Bank Ghana Limited. Hypothetically, the brand is only two years old in Ghana; however, it’s unvarnished focus on meeting the bespoke needs of its clients and customers is proving cutting-edge across the industry. With over...
Ecobank Commercial Banking, part of the Pan-African banking Group Ecobank, has launched its Ellevate Leadership Training Programme in partnership with the Global Business School Network (GBSN). The Ellevate Leadership Training Programme forms part of ‘Ellevate Equip’, the brand name for all capability and training support initiatives for Ellevate by Ecobank...
“Start with good people, lay out the rules, communicate with your employees, motivate them and reward them. If you do all those things effectively, you can't miss” - Lee Lacocca Dear readers, the latest Bank of Ghana Fraud Report for 2019 sent shivers down my spine. “Not again”, I...
The Managing Director of ARB Apex Bank PLC, Mr. Alex Kwasi Awuah, has assured smallholder farmers of rural banks’ credit support in collaboration with other development partners for enhanced productivity. According to him, rural banks are in a better position to support agriculture, particularly smallholder farmers, because of where they...