Sunday, October 24, 2021
At the back of the increasing competition and changes being witnessed in the banking industry, the Executive Director of the Association of Rural Banks, Ghana (ARB), Mrs. Comfort Owusu, has called for rural banking to be given an operational makeover. According to her, rural banking has been in existence for...
Following the frontloading of its financing needs in the first-half - i.e. structuring to borrow more for the first six months of the year, government has slowed down its participation in the domestic debt market, Ministry of Finance data have shown. The new issuance calendar announced by the Treasury Department...
To guarantee widespread adoption and consequent success for the impending local central bank-issued digital currency, the e-cedi, privacy concerns expressed by consumers must be addressed by the issuer and relevant stakeholders - both in word and deed - Managing Director of Fidelity Bank, Julian Opuni, has said. Speaking ahead of...
Chief Executive Officer of the Ghana Association of Bankers (GAB), John Awuah, has called on customers of banks to minimise in-person banking hall transactions and resort to digital platforms instead. This, he said, will reduce rising incidents of attacks on customers by armed robbers, a situation he described as ‘troubling’. According...
Amid the ongoing concerns about COVID-19 and anxiety around a 3rd wave, age-old industries have rethink daily operations and adapted new ways, especially when it comes to payment of goods and services. Visa, especially its contactless payment platform has stood the test during the pandemic to the point that today,...
Four kids out of the top-seven finalists in the Access Bank Perfect Start Promo have received a share of GH¢100,000 cash and other prizes for emerging as winners of the promotion. The Perfect Start Promo is the first-ever digital promo of the bank targetted at kids to promote financial literacy...
The new members of the Mineral Income Investment Fund (MIIF) has been announced during an inauguration ceremony held by the Ministry for Finance. As part of this announcement, Professor Douglas Boateng was appointed as the Chairperson of the board. Finance Minister, Ken Ofori-Atta welcomed the new board and Chair and said:...
First National Bank Ghana, has signed Memoranda of Understanding (MOUs) with three more real estate developers to collaborate in the provision of homes for Ghanaians as part of the bank’s ‘Year of Home Ownership’ (YOHO) initiative. The new YOHO partners are Vabb Homes, Green Opal and Zaddington Properties. This brings...
Market analysts are optimistic of a resilient cedi ahead of the festive season in December, despite the local currency’s depreciation against its major trading currency, the US dollar, by about 1.8 percent at the end of September 2021. Even though the cedi has been depreciating against the dollar for the...
The Rural and Community Banks, RCBs, after exhibiting resilience in their operations and battling it out during financial reforms still have a total of GH¢457.86 million locked up with investment companies that are regulated by the Securities and Exchange Commission, Business & Financial Times has learnt. At the beginning of...
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