Ecobank Transnational Incorporated (ETI), the Lomé based parent company of the Ecobank Group, has announced that it has successfully raised US$350 million Tier 2 Sustainability Notes. This represents the first ever Tier 2 Sustainability Notes by a financial institution in Sub-Saharan Africa.
This Tier 2 issuance is the first to...
The Atonsu MA Cluster of Schools in Kumasi is the latest beneficiary of Guaranty Trust Bank (Ghana) Limited’s Information and Communication Technology (ICT) drive which seeks to fully refurbish and stock computer laboratories in basic schools across the country.
This is as part of the technology savvy Bank’s Corporate Social...
Asset Under Management up 122%
as benchmark outperformed with refuge sought in fixed income
Indigenous mutual fund, CM Fund, made a return of 14.97%, as its price closed the full year 2020 at GH¢1.3670 from GH¢1.1890, at the corresponding period of 2019. Consequently, the Fund outperformed its benchmark; the...
FBNBank Ghana Limited, a subsidiary of First Bank of Nigeria Limited, has announced the appointment of Ms. Rosie Ebe-Arthur to its Board of Directors as a Non-Executive Director following Bank of Ghana approval.
Ms. Rosie Ebe-Arthur, a Fellow of the Chartered Institute of Personnel and Development (UK), joins the FBNBank...
Board Chairman of ARB Apex Bank Limited, Dr Toni Aubynn who is also the Board Chairman of Amenfiman Rural Bank, has urged the government to consider a collaboration between the new Development Bank and rural and community banks for its successful implementation of core mandate.
Dr Aubynn is of the...
A lawsuit filed against Gold Coast Fund Management Ltd. (now Blackshield Capital Management) has taken an unusual twist as the plaintiff, who is a former client of the asset management firm, has subscribed to the government bailout package while the matter is still in court.
Documents the B&FT has acquired...
The Financial Intelligence Centre (FIC), the institution mandated to combat Money Laundering and Terrorism Financing (ML/TF), has said that Ghana will consolidate the gains on the Anti-Money Laundering (AML) reforms.
Speaking at separate sensitisation workshops organised by the Centre for the banking and real estate sectors, Chief Executive Officer of...
The International Finance Corporation (IFC) has outlined its new strategy for Ghana in the medium-term, which seeks to pump some US$1.5billion into the economy to support the private sector as the country seeks to bounce back from the devastation of the pandemic.
The medium-term programme, Finance Minister Ken Ofori-Atta said,...
MTN Ghana carried the day by winning seven awards at the 6th Africa Finance Innovation Awards held at the weekend, making the organization the highest recipient of the night.
MTN received awards in the following categories;
Investor Relations Team of the Year
Corporate Performance Team of the Year
Finance Team...
The 2021 budget statement was for the first time presented in Parliament by someone other than a substantive finance minister – thus, the Minister of Parliamentary Affairs, Osei Kyei Mensah Bonsu on Friday, 12th March 2021. In his recitals, Osei Kyei Mensah Bonsu revealed that government has decided to...