Background The ever-changing regulatory landscape, increasing investor demands and rapidly evolving use of technology are driving a trend towards outsourcing in the fund administration industry. Traditionally, many fund managers/investment clubs/associations performed the administration of funds in-house. However, as the reporting demands of both investors and regulators grow, so too does...
Rural and Community Banks (RCBs) have been urged to embrace and leverage the opportunities associated with the new GhanaPay service to grow their fee incomes so as to consolidate growth and development. The GhanaPay is a mobile money service provided by universal banks, rural banks, and savings and loans companies...
Ghanaian banks’ media visibility ranking study conducted by the Institute of Brands Narratives Analysis (IBNA), a strategic media intelligence agency in Accra, revealed that GCB bank topped the IBNA’s ‘Ghana Banks’ Media Visibility Index’ (IBNA-MVI) in the first and second quarters of 2021. GCB Bank was the most visible bank...
...allows for processing EMV GH-Link prepaid cards eTranzact Ghana Limited, a leading electronic payment services provider, has secured an enhanced Payment Service Provider (PSP) licence from the Bank of Ghana (BoG) in accordance with the Payment Systems and Services Act, 2019 (Act 987). Established in the year 2006, eTranzact Ghana Limited...
Women in Rural and Community Banks (RCBs) have been encouraged to be diligent and steadfast in their quest to navigate through the professional and leadership terrain at the just-ended maiden ARB National Women’s Conference and Ladies’ Association inauguration in Sunyani. This, according to the association, would ensure massive women participation...
Chartered Institute of Bankers, Ghana (CIB Ghana) has held a Financial Literacy Day at some Senior High Schools in Ghana on Friday, October 20, 2023. The event forms part of the Institute's 60th Anniversary Celebration, which has the theme ‘Redefining Professionalism in Banking through Ethics’. Chartered Institute of Bankers, Ghana...
Investors are very upbeat about growth projections and could turn to Ghana for more business, RMB Research’s 2018 outlook on African countries has pointed out. These investors, especially offshore ones whose appetite for longer dated local currency denominated debt keeps growing, believe that improved economic indicators, fiscal consolidation, rising oil...
To demonstrate its commitment to creating awareness and driving change on social issues, Absa Bank Ghana has joined a worthy cause to raise funds for childhood cancer treatment and care in Ghana. The bank has partnered with Lifeline for Childhood Cancer Ghana, a foundation that raises funds for the treatment...
Standard Chartered Ghana Limited says for many years it has positioned itself to become the full financial services provider in Ghana for China’s ambitious Belt and Road Initiative (BRI) - also known as the ancient Silk Road initiative - which is aimed at connecting China with Asia, Africa, Europe...
Standard Chartered Bank Ghana Limited has announced a 100% waiver on account to wallet transaction fees for its customers from October 26-30, 2020. This comes on the back of Customer Service Week, which is commemorated globally from October 5-9, and the bank’s bid to dedicate the whole month of October...