Small and Medium Enterprises (SMEs) have been advised to tap into advisory and other capacity building initiatives offered by banks to aid their development.
This message was the basis of a presentation by Charlotte Lily Baidoo, General Manager for SME Banking at Universal Merchant Bank (UMB), during the German Sparkassenstiftung...
A bad bank anywhere is a threat to banks everywhere -- thanks to globalisation
Pat Thomas, one of my favourite Ghanaian musicians is credited to have sung that “money is blood”. He could not have said it any better. Years later, Daddy Lumba, another master lyricist also waxed philosophically...
GCB Bank PLC has donated GH¢100,000 to the Appiatse Support Fund established to support the victims and rebuilding efforts of the Appiatse community.
The donation was made by Mr. John Adamah, Head of Retail Banking, and Mr Kojo Kwarteng, Head of Corporate Affairs Department, on behalf of GCB’s management.
Mr. Adamah...
Republic Bank Ghana, a subsidiary of Republic Financial Holdings Limited, has introduced new and enhanced retail products as part of its ‘Step-into-Success’ campaign.
The products introduced include four rebranded products with enhanced, advanced product features and benefits. The products are Rights Start Account, iDO Account, Career Builders Account, Optimiser Account,...
..turn back on private sector
Commercial banks in the country are channeling much of their assets into investment in government bills and bonds as the state’s appetite for domestic borrowing continues to increase, thereby making less funds available for the private sector - which is going through pandemic-induced challenges -...
Digital currencies and assets taking different forms and not being controlled by any mandated global body or institutions is creating a continuous dilemma for establishing a regulatory regime for monitoring cryptocurrencies, Head of Financial Technology (Fintech) and Innovation at the Bank of Ghana (BoG), Mr. Kwame Oppong, has said.
Mr....
The Managing Director of FBNBank Ghana, Mr. Victor Yaw Asante, has stated that Ghana needs professionals with integrity who will work diligently in order to make significant contributions toward the country’s much-needed economic development and growth.
Mr. Asante was delivering the keynote address at the Induction Ceremony and 53rd Annual...
In line with the Banks and Specialised Deposit-Taking Institutions Act, 2020 (Act 930), the attention of the general public is being drawn to the publication of the accounts held at Advans Ghana Savings and Loans Limited have been classified as dormant because they have not been operated for a...
Access Bank Ghana has held its first SMEs capacity building workshop for the year, in Tamale. It was on the theme ‘Boosting digital skills for emerging opportunities’. The workshop brought together SMEs from across the Northern Regional capital, to equip them with emerging trends on digitalization for business growth.
Speaking...
Hubtel Limited, one of Ghana’s leading and credible financial technology (Fintech) firms has stated that it has no links with Hubtel Mobile Money Lending, an illegal entity being investigated by the Economic and Organized Crime Office (EOCO).
In a statement dated February 24, 2022, EOCO said it had identified two...