Sunday, January 16, 2022
Madam Abiola Bawuah, the MD/CEO of the United Bank for Africa (Ghana) has once again been applauded in the industry, this time with the award of the Finance Personality of the Year, at the just ended Ghana Accountancy and Finance Awards. When Mrs Bawuah took over the reins at UBA...
Institutions that match up savers and borrowers help ensure that economies function smoothly You’ve  got US$1,000 you don’t need for, say, a year and want to earn income from the money until then. Or you want to buy a house and need to borrow $100,000 and pay it back over...
One of the key attributes of money is that it is used as a unit of measurement. Thus, where Francis and Alberta earn GH₵10,000 each per month it is convenient to say that they both earn the same salary, perhaps perform similar functions in the same organisation or are...
Standard Chartered Bank Ghana Limited has recorded a profit before tax of GH₵331million in the third quarter of 2017. The figure represents a 25% growth in profits, compared to the same period in 2016 which the company recorded GH₵264million. The bank in its third quarter 2017 financial results released Tuesday said,...
E.S.L.A PLC, on Monday, November 6, 2017, said it successfully closed its books for the issue of the ESLA bonds on Friday, November 3, 2017, after extending the timeline for the issue of the 10-year bond by one week. Despite investors making bids in excess of GH¢2.79 billion for the...
The maiden edition of the Ghana Accountancy and Finance Awards came off at the Movenpick Hotel, Accra, with financial industry big-names walking away with the honours. Abiola Bawuah, CEO of UBA Ghana, was adjudged Finance Personality of the Year - adding to the growing portfolio of awards she has picked...
The Association Rural and Community Banks (ARB) has asked the Bank of Ghana (BoG) to come to the aid of rural banks that are in distress rather than closing them down. President of the Volta Chapter of the ARB, Mr. Simon Nero Davor, said a number of rural banks are...
The total assets of rural and community banks (RCBs) have hit GH¢3.44billion, as at the end of the second quarter of 2017, and constituted 3.4 percent of total assets for the entire banking industry in Ghana, the Bank of Ghana (BoG) has disclosed The total deposits of RCBs stood at...
The Advanced Structured Trade Finance Seminar and Workshops has opened on the Island of Sal in Cape Verde. The event, which is 17th in the series, is put together by the African Export-Import Bank Limited, Afreximbank, and is expected to attract some 200 high-profile participants including chief executive officers, managing...
The Asante Akyem Rural Bank Limited at Juansa, in the Asante Akyem North Municipality of Ashanti Region, has posted a satisfactory growth in all financial indicators for the 2016 year under review. The bank recorded a total deposit of approximately GH¢31.31million in 2016 as against a little over GH₵27.37million in...
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