…. signs US$1.5bn financial agreement with 28 banks The Ghana Cocoa Board (COCOBOD) has signed a US$1.5billion financial agreement with a consortium of foreign and local banks to finance the purchase of cocoa beans for the 2021/2022 crop season. This season’s financial agreement is an increase of US$200million compared to the...
The new Board of Directors of the Agricultural Development Bank Limited (ADB) have been sworn into office with the charge to continue with its core mandate of agricultural financing. At a ceremony at the Ministry of Finance, a Deputy Minister of Finance, Dr. John Kumah commended the previous board for...
GCB Bank Limited (GCB) has opened a new branch in the Community 25 of Tema Metropolitan Area of the Greater Accra Region. The new branch is located within the Tema Community 25 Shopping Mall and will offer banking services to customers and residents in the area. This is in response to...
In what is a testament to the robustness of the Ghanaian banking industry, the President of the Chartered Institute of Bankers (CIB) Ghana, Rev. Patricia Sappor, has been conferred with the Inspirational Female Leadership Commendation award at the 11th edition of the African Business Leaders Awards (ABLA). Organised by the...
Izwe Savings and Loans Plc has acknowledged 6 loyal customers, 13 members of staff and 10 Independent sales agents who have been with the company since its inception 10 years ago at a virtual cake-cutting ceremony as part of its 10thanniversary celebrations. The cake-cutting ceremony was held virtually with management,...
Prudential Bank has for the third consecutive year supported the Ghana Teacher annual awards with the donation of a VW Amarok pick-up vehicle to be presented to the first runner-up award winner of this year's Teacher Prize recently launched in Accra. Mrs. Akosua A. Boahen, the bank’s Head of Marketing...
Reinforcing its position as an SME focused Bank, Access Bank Ghana PLC, through its ‘W’ initiative, in partnership with Platinum Africa Solutions, has launched ‘The Business Startup Challenge’ to support startup businesses in the country. The Business Startup Challenge will provide a unique opportunity to 500 shortlisted young Ghanaian entrepreneurs...
aYo Intermediaries Ghana Limited, a leading microinsurance company has increased its maximum premium from GH¢ 4 to GH¢ 6 to give more to its existing and potential customers. The move is to enhance customer experience. Announcing this change, which took effect in August 2021, the Chief Executive Officer (CEO) of aYo...
With financial systems across the continent set for increased integration under the African Continental Free Trade Area (AfCFTA), domestic industry watchdog the Bank of Ghana will heighten its monitoring of developments in the trade area and put measures in place to ensure local financial institutions are insulated from external...
Release of  funds will improve profitability levels, Capital Adequacy Rural Banks in Ghana have exhibited resilie5qnce and continue to stand the test of time and have worked in the interest of their customers and shareholders as per their legitimate mandate as banks operating in our communities and serving critical financial...