What Does a Bank Stand For? When this question was posed to an assembly of fresh MBA students some two decades ago, the answers were as complex as the question itself. The notion of what a bank is, does and represents may mean different things to different people.  For some,...
The Financial Action Task Force (FATF) must incorporate more of an ‘African voice’ in its standard-setting procedures to ensure a set of tailored legal, regulatory and operational measures relevant to meeting the diverse requirements in the fight against money laundering and terrorist financing in the sub-region, Finance Minister Ken...
Investors in the country’s fixed income market continue to develop appetite for short- to medium-term bonds over long-term bonds, as concerns surrounding inflation, fiscal and debt sustainability plus exchange rate pressures have created uncertainty about yields on the market, making them cautious. Data from the fixed income market published by...
Fidelity Bank in partnership with MTN MoMo has upgraded its Y’ello Save Account with a savings plan feature to encourage customers to adopt the habit of saving. The upgrade offers Customers the opportunity to set up a standing instruction on their Y’ello Save Account to automatically debit a specified amount...
The African Export-Import Bank (Afreximbank), in collaboration with the FCI, Quarterback and American University in Cairo, has announced the opening of registration for the 7th cohort of the Certificate of Trade Finance in Africa (COTFIA 2022) programme. This is a remodelled programme that replaces the Certificate of International Trade Finance (COFIT)...
On behalf of the German Federal Ministry for Economic Cooperation and Development (BMZ), KfW Development Bank is set to provide debt financing in the form of a subordinated loan totaling €46.5million to the Development Bank Ghana (DBG). This is to enable the Development Bank Ghana to provide longer-term financing for...
CalBank has opened three new full-service branches at Koforidua, Cape Coast, and Madina in the Eastern, Central, and Greater Accra regions respectively. The move does not only seek to provide comprehensive superior banking services to all Ghanaians but also forms part of the bank’s medium-term strategy which seeks to deepen...
Stanbic Bank has signed partnership with Tata Group to provide opportunities for both individual and commercial customers of the bank to purchase vehicles on credit, as a way of addressing the critical needs of vehicles in the country. Chief Executive of Stanbic bank, Kwamina K. Asomaning stated that the partnership...
Republic Bank Ghana, a subsidiary of Republic Financial Holdings Limited (RFHL) has announced a global competition dubbed ‘The Art of Banking’. The objective of the campaign is to give emerging artists above the age of 18 years the opportunity to be seen and heard internationally. Speaking on the Art of...
Financial services providers are continuously ramping up efforts to combat fraud with cutting-edge technology. But even with all this effort, end-users of financial products can and should actively participate in fraud prevention. "The simplest way for consumers and businesses to support fraud prevention is to pay attention to fraud education...