The Bank of Ghana (BoG) has restored the foreign currency trading licence of the Consolidated Bank Ghana (CBG) effective December 4, 2024. By this development, the CBG has fully resumed all foreign currency services at its branches effectively. It is recalled that in November 2024, Bank of Ghana suspended the Foreign...
FirstBank Ghana has been named the Banking and Finance Institution of the Year at the 2nd edition of the Corporate People's Choice Awards, held in Accra under the theme Excellence Unveiled, Celebrating Achievements endorsed by Peers and the Corporate Sector. This prestigious recognition highlights the Bank’s unwavering commitment to...
By Enoch K. AKUFFU-DJOBI In Ghana’s evolving financial landscape, banking compliance and innovation often appear as adversaries in a high-stakes balancing act. Compliance, with its rigid rules and unyielding structure, is essential to safeguard the banking sector and protect consumers. Yet, innovation, fueled by the digital era, is equally critical...
Access Bank Ghana is proud to announce the official opening of its newest branch in Obuasi on Wednesday, December 4, 2024. This latest addition brings the bank’s total branch network to 56, emphasizing its dedication to extending innovative and customer-centered banking services to communities nationwide. Situated in the heart of Obuasi,...
By Afua AMPADUWA The Bank of Ghana commissioned a new office building recently. The new building was financed and constructed by the Bank at a time when its performance was continuously short of its core mandate. All-in-all, the construction of the new office building, which is not expected to advance...
After six years of being in the market, Consolidated Bank Ghana Ltd. (CBG) has proven to be the SME bank of choice, exemplified by its landmark GH¢350 million capital raise for Kasapreko Company PLC. This achievement underscores the bank's mission to empower local enterprises and drive economic resilience in Ghana. Indeed,...
Consolidated Bank Ghana LTD (CBG) has organized a successful business trade trip to China, enabling its SME clients to gain firsthand access to new markets, build strong supplier relationships, and navigate international trade with confidence. This initiative aligns with CBG’s commitment to supporting Ghanaian businesses in global trade while establishing...
By Deborah Asantewaah SARFO The First Deputy Governor of the Bank of Ghana (BOG), Dr. Maxwell Opoku-Afari, has underscored effective policies in emerging countries as a significant factor in harnessing the potential of Artificial Intelligence (AI) and mitigating its associated risk. According to him, for countries under this category -...
GCB Capital Limited, a subsidiary of GCB Bank, has unveilled its Golden Eagle Unit Trust - a Collective Investment Scheme (CIS) designed to provide investors with a platform for secure, diversified and inflation-resistant investments. The fund aims to simplify investments, deepen domestic financial markets and foster long-term wealth creation. It...
By Juliet Aguiar DUGBARTEY The Board Chairman of Ahantaman Rural Bank PLC, Eric Danning Esq, has encouraged bank shareholders to buy more shares as an effective way of running a profit-making business. “Each share represents an equal portion of the company’s total capital, because it increases over the time. Since the...