We are in a world where by the click of button, money is transferred from one jurisdiction to the other with ease. The emergence of digital payment platforms and money remittance services (Fintech) has changed the way we interact with money on daily basis. Technology has contributed to this...
Shareholders of the Agricultural Development Bank (ADB) PLC have granted approval for a record capital injection of GH¢2billion into the bank to strengthen its operations. The resolution was passed at an Extraordinary General Meeting (EGM) of shareholders on Thursday, December 28, 2023 at the Accra Financial Centre. The resolution was...
After receiving approval from unit holders, the Board Chairman of First Finance Company, Michael Asa-Eck is optimistic that reclassifying the Trust's assets will put it in a better position to increase liquidity. He expressed this optimism at the Trust’s recently held annual general meeting which among other things sought to...
Getting caught up in the fun of the end-of-year holiday season isn’t difficult. When friends are around, the kids are having a good time, and work is far away, it’s easy to spend that money – even knowing that in a few weeks, you will face a long, moneyless...
Fidelity Bank Ghana has reaffirmed its dedication to fostering inclusivity, empowerment and advancing young women into leadership roles through its strategic sponsorship of the FemPower Outreach project. This initiative, orchestrated by the ECG Power Queens Club in celebration of their 35th anniversary, aimed to identify and nurture talented young...
The Head of Retail Banking at FBN Bank, Allen Quaye, has indicated that banks are taking the necessary steps to manage risks while continuing to lend and support economic growth. In an interview following the 10th Quarterly Banking Roundtable held by the UPSA Law School, Mr. Quaye explained that the...
The Confederation of African Football (CAF) has announced Ecobank, the leading pan-African banking group, as an official sponsor of the TotalEnergies Africa Cup of Nations Côte d’Ivoire 2023. The TotalEnergies CAF Africa Cup of Nations, the biggest event in Africa, will kick off on 13th January, 2024 in Côte...
Stanbic Bank Ghana, a member of the Standard Bank Group – Africa’s largest bank by assets, on Friday, December 8 unveiled a new brand cloth at their end-of-year staff durbar, held at the Labadi Beach Hotel under the theme ‘This Is us. Our Life, our Story, our Home’. The new...
The President of the Association of Rural Banks, Ghana,  Kwame Owusu Sekyere, has called on the government to release GH¢460billion in locked up funds belonging to some rural and community banks. According to him, rural and community banks still have locked up funds with some defunct Security and Exchange Commission-regulated...
Ghana's financial sector is gradually witnessing a remarkable transformation as traditional brokerage firms embrace cutting-edge technology to offer a seamless and secure investment experience. Teak Tree Brokerage, a Licensed Dealing Member (LDM) and Depository Participant (DP) of the Ghana Stock Exchange (GSE), is at the forefront of this shift. In...

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