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...
The Business Tracker survey has revealed that the country’s manufacturing and trade sectors, which were hit hard by the pandemic, have almost fully recovered as both saw an appreciable increase in activities during the third wave of the pandemic (from January to September), thereby inspiring hope that the economy...
Co-Founder and Managing Partner of Koranteng & Koranteng Legal Advisors, a corporate and commercial law firm in Accra, Ghana, Afua Adubea Koranteng, has said a Central Bank Digital Currency (CBDC) could serve as a catalyst in bridging the digital and financial divide faced by women and youth entrepreneurs. Speaking on...
Rand Merchant Bank’s (RMB) International Debt Capital Markets (DCM) team assisted Bank of Industry (BOI) - Nigeria’s largest, oldest and most profitable Development Finance Institution (DFI) - to issue a €700million Eurobond by way of 144A/RegS Senior Note Participation Notes, irrevocably and unconditionally guaranteed by the Federal Government of...