NPL ratio to reduce
Interest rates to drop
Private sector to be biggest beneficiary
The government’s roadshow to raise a bond to clear the much talked about energy sector debt, which is in excess of US$2.5billion, has excited bankers.
The roadshow for the long-awaited bond issuance saw some...
Ecobank Transnational Incorporated (ETI), parent company of the Ecobank Group - the leading pan-African banking group, is pleased to announce that Jeremy Awori has officially assumed his role as Chief Executive Officer of the Ecobank Group.
Jeremy Awori, commenting on his new role said: “It's a fantastic opportunity to take Ecobank...
Enterprise Life, Nigeria - a subsidiary of Enterprise Group PLC - has now opened its doors to the Nigerian public for business. It will be recalled that the company was granted its operating licence by the Nigerian National Insurance Commission (NAICOM) in November 2020, after meeting all necessary requirements...
As part of the strategy to lead in broadening opportunities and access to financial services, FBNBank Ghana and its parent, First Bank of Nigeria Limited have announced a partnership with the International Centre for Strategic Alliances (ICSA) to hold the 2020 Virtual Digital Banking Summit.
The Digital Banking Summit is...
Absa Bank Ghana has cemented a partnership with Meltwater Entrepreneurial School of Technology (MEST) to support business enterprises in Ghana with skills training and insights in digital technology. The goal is to unlock new opportunities by co-creating and producing the next generation of innovative entrepreneurs in Ghana and on...
Absa Group executives have been in the country to promote the significance of the Group’s Ghana operations, to its strategy of being a leading bank in Africa.
The Group’s Chief Executive, Arrie Rautenbach, led a group of senior executives as part of the delegation to the country.
During his two-day visit,...
Even before the Electronic Transaction Levy (E-levy) takes effect next month, available data show that the mobile money platform has lost about GH¢10billion in value between November 2021 and January 2022 - a development that raises serious concerns about the new tax’s ability to rake in the anticipated revenue.
According...
Chris Ofikulu, the Regional CEO of UBA West Africa and Managing Director of UBA Ghana has been named as the "Banking CEO of the Year 2023 " published by the World Business Outlook Awards.
UBA Ghana also received accolades, including the Best Banking Service Provider in Ghana and the Leading...
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...
Economists at Standard Bank, parent company of Stanbic Bank Ghana, have said that Ghana’s rate of inflation is expected to remain within the Central Bank’s target in the short-term.
In its May 2021 Flashnote, Standard Bank said “We concur that headline inflation will likely remain within the BOG’s target in...