Adansi Rural Bank at Fomena in the Adansi North district of Ashanti Region has inaugurated its newest branch at Adansi Asokwa as part of its branch expansion drive for the 2021 operational year. The branch office formerly operated as an agency, but has now been given licence by the central...
FBNBank has announced that as part of the World Polio Day celebrations on  Sunday, 24 October 2021, it is providing support to the National Polio Plus Committee and selected Rotary Clubs in Ghana towards the effort to keep polio at zero in Ghana. Over the years, the FBNBank has supported...
The Nzema Manle Rural Bank Limited, at Aiyinase in the Ellembelle district of the Western Region, has posted some remarkable performances after recording profit after tax of GH₵778,427, representing 154.95% growth for the 2020 year under review, as against GH₵305,327 recorded in 2019. The Total Deposits of the Nzema Manle...
Prudential Bank’s (PBL’s) quest to become the country’s leading indigenous bank has been given a new impetus after the bank was awarded a five-star rating in the recent Chartered Institute of Marketing Ghana (CIMG) Customer Satisfaction Index report. The Bank earned its rightful place as a five-star bank for outstanding...
Although private sector credit growth is yet to fully recover to pre-pandemic levels, Bank of Ghana Governor Dr. Ernest Addison is confident that as momentum in economic activity picks up, which will be hinged on response to the vaccination exercise, banks will make more financing available to businesses. As of...
...yields trending high ahead of US Fed taper The cost of government financing on the secondary bond market has been on the rise since the third quarter of 2021, with yields rising more broadly across the curve ahead of the start of the US Fed taper timeline which begins next...
The Chief Executive of Ghana Interbank Payment and Settlement Systems (GhIPSS), Mr. Archie Hesse has said that the country must begin to look at the cash-lite agenda also as a strategy to combat robbery. According to him, besides the convenience and efficiency that go with the use of electronic payments,...
Republic Bank (Ghana) PLC, a subsidiary of Republic Financial Holdings Limited, has launched the ‘Blue Portal’ Campaign: Step into Success’ to help individuals and businesses secure endless financial growth from the bank’s range of fantastic products and new platforms. The campaign presents Republic Bank’s refreshed brand and provides a new...
Universal Merchant Bank (UMB) has announced its intention to develop specific banking products for start-up fintechs in the Bank of Ghana Sandbox Project. UMB’s CEO, Nana Dwemoh Benneh, was speaking during the 2021 edition of the Ghana Economic Forum held in Accra.  He was speaking in a panel discussion themed...
The Country Director-Mastercard Foundation, Nathalie Akon Gabala, has emphasised that two flagship programmes of the organisation and its partners, Youth Economic Forum (YEF) and the Young Africa Works (YAW), will unlock opportunities for young men and women in the agriculture sector to realise their entrepreneurship dreams. She said Mastercard Foundation...