While people and businesses continue to scale the use of digital services in the new normal, cybercriminals also introduce new opportunistic scams. Mark Achiampong, Head Commercial Banking at First National Bank explained that remote access scams is a new fraud modus operandi, which entails scammers posing as IT department representatives...
The First Lady Mrs Rebecca Akufo-Addo has inaugurated the state-of-the-art lounge facility put up by the First Atlantic Bank (FAB) at the premises of the Korle Bu Teaching Hospital in Accra. The facility christened-‘The Atlantic Lounge’  is intended to provide a modern, comfortable waiting space for families and friends of...
GCB Bank, the country’s largest indigenous bank, has presented GH¢14.1 million to government as dividend for profit generated in the 2020 financial year. Speaking during the presentation, Managing Director of the bank, John Kofi Adomakoh, thanked the staff of GCB Bank for their hard work that made it possible for...
GCB Bank Ltd. has been voted Financial Business of the Decade at the Millennium Excellence Awards programme held on the courtyard of the Manhyia Palace in Kumasi at the weekend. The much-coveted and distinguished prize was presented to the bank’s Managing Director, Mr. Kofi Adomakoh, in the presence of President...
Development banks have been described as a form of financial intermediary providing financing to high priority investment projects in a developing economy. It is a ‘bank’ in the business of development. A development bank should protect its own financial position in the pursuit of socio-economic benefits. The main purpose...
The Chief Executive Officer of Oasis Capital, Matthew Boadu Adjei, says incorporating environment, social and governance (ESG) principles in investment decisions should be considered as integral. Global concerns in the past two decades have been on climate change and the need to protect and sustain the environment. Across different sectors...
…launches ‘We Dey Everywhere’ campaign Fidelity Bank Ghana has further cemented its status as the country’s leader in Agency Banking with the launch of its 'We Dey Everywhere’ Campaign. The campaign seeks to create awareness about the bank’s extensive network of community agents who are bringing banking to the doorsteps...
The manufacturing and service sectors, including agribusiness but excluding trade, recorded an estimated GH¢158.4billion financing gap in 2020 - about 40 percent of GDP according to the Minister of Finance, Ken Ofori-Atta. Despite the huge gap, Mr. Ofori-Atta is however confident that it can be plugged by the soon to...
Development bank has been described as a form of financial intermediary providing financing to high priority investment projects in a developing economy. It is a ‘’bank’’ in the business of development. Development bank should protect its own financial position in the pursuit of socio-economic benefits. The main purpose of development...
Formulating the Africa Advocacy Programme (AAP) forms an integral part of the Association of Chartered Certified Accountants’ global corporate strategy, Director for ACCA Africa Jamil Ampomah has said. Speaking during the virtual launch of AAP and inauguration of its Committee Members, Mr. Ampomah said AAP had been created to be a...