The Board Chairman of Kwaebibirem Rural Bank, Carlos Kingsley Ahenkorah has stated that the bank recorded a profit after tax of GH¢1,061,788 in the year 2021 as against a loss of GH¢686,567 in the year 2020. Mr Ahenkorah announced this in his chairman’s report to shareholders of Kwaebibirem Rural Bank...
Shareholders to enjoy dividend after two-year break due to directive from BoG Ahantaman Rural Bank Plc, in the Western Region, continues to record healthy performance and has achieved significant growth over the past years. The significant growth is in the key performance areas such as deposits, investments, paid-up capital and...
In 2017, when Audrey S-Darko started her company, Sabon Sake, it was not because of a dream she had nurtured from infancy, neither was it the product of sleepless nights thinking of a solution to a problem, nor a crowd-sourced idea that bore fruit at the right time. You...
Financial Statements and Cash Flow Analysis is the process of analysing a bank’s financial statements for decision-making purposes. This, according expects, is also used by external stakeholders to understand the overall wellbeing of an organisation, as well as to evaluate financial performance and business value. Internal constituents also use it...
NIMED Capital, a financial and investment company, in collaboration with CGIA institute and Women in Finance & Investment Network (WIFIN) has held a seminar to whip up the interest of young women to take on managerial positions in the financial and investment sector. The event gathered young women from some...
Revenue up 17%, impairments down by 35%, Absa Bank Ghana has announced an impressive 2021 financial performance, recording an increase in revenues by 17% and a reduction in impairments by 35%. This comes on the back of a return to normal activity by the Ghanaian economy after a challenging 2020...
FBNBank has officially opened for business its newest branch situated at Abossey Okai, within the spare-parts enclave, and is set to meet the banking needs of Small and Medium Enterprises (SMEs) and residents within the area. The FBNBank Abossey Okai Branch - 23rd in the bank’s Ghana network - is...
To boost local transactions and to offer more convenience for its customers, Fidelity Bank Ghana has commenced the issuance of Gh-link cards. The Gh-link EMV Card is Ghana’s domestic card payment scheme that was launched in 2012 by the Ghana Interbank Payment & Settlement System (GhIPSS) Limited.  The card scheme...
Ecobank, the leading Pan-African Banking Group, has won five prestigious awards at the Global Finance Treasury & Cash Management Awards 2022, including Africa’s Best Bank for Cash Management and Africa’s Best Provider of Short-Term Investments/Money Market Funds. In addition, Ecobank Cameroon, Ecobank Côte d’Ivoire and Ecobank Kenya were all...
Republic Investments (Ghana) Limited - a SEC Licensed Fund Manager and a subsidiary of the Republic Bank (Ghana) Plc. - has launched a novelty, the ‘Republic Wealth Trust’, a Fixed Income Fund to serve as an alternative to boost your investments by aiding individuals/organisations to build wealth. The Republic Wealth...