Fidelity Bank Ghana in partnership with the Criminal Investigation Department (CID) of the Ghana Police Service (GPS) has provided forensic training for 50 bank staff who in turn will train other frontline and control function staff. Fidelity Bank is the first bank in Ghana to provide its staff with...
When the elite in Ghana’s corporate world met to strut their stuff along the fine halls of Labadi Beach Hotel on Saturday, November 6, 2021, it was Absa Bank that got the best of the lot in the banking sector category. In what was a night of back-slapping and...
The First Deputy Governor of the Bank of Ghana, Dr. Maxwell Opoku-Afari, has said that the Bank of Ghana and the Finance Ministry should be commended for the relative stability of the local currency in the last three and half years. Over the period, the performance of the Ghana cedi...
The Country Director of the World Bank, Pierre Frank Laporte, has said the global finance firm will undertake an assessment of the COVID-19 situation in December to ascertain whether or not the pandemic is declining before a decision is taken to extend the debt suspension for countries. He told Alfred...
Even though the country’s stock market has also been badly hit by the coronavirus pandemic and plunge it into abysmal form, market watcher SEM Capital Advisors Limited says the falling share prices present a good opportunity for investors who are looking to the future and want to increase their...
The recent government 6-year bond that was oversubscribed is indicative of investors’ positive outlook on inflation, which the Bank of Ghana has targetted at 8±2 percent at the end of the year, Senior Investment Analyst at OctaneDC Limited, Kwadwo Acheampong, has said. Per the latest inflation figures reported by the...
Ecobank Ghana has extended support to Jandel Limited to launch the first edition of its street-lighting/decoration exercise, as part of activities to mark the holy month of Ramadan. The street-lighting exercise, also known as ‘Fanous’ Ramadan, saw the Nima Roundabout - in a suburb of Accra - decorated to mark...
Banking institutions are becoming more and more susceptible to fraud over the years, although various control measures have been put in place. Fraudsters are now more versatile in designing their modus operandi to circumvent the control. The fraudsters could originate from both internal (employees) and external sources (customers, suppliers,...
aYo Intermediaries Ghana Limited, a leading microinsurance company has increased its maximum premium from GH¢ 4 to GH¢ 6 to give more to its existing and potential customers. The move is to enhance customer experience. Announcing this change, which took effect in August 2021, the Chief Executive Officer (CEO) of aYo...
By Joseph AKOSSEY & Seth KRAMPAH Good leadership is one of the key success factors of organizations and by extension banks. The success and failure of every organization depends on an effective and efficient leadership. Around the globe, some banks have folded up and out of business because of bad leadership...