A record 152 golfers from across the country participated in the 2020 edition of the CalBank Open Golf Championships, which concluded on Saturday, November 28, 2020 at the Achimota Golf Course. The event, which was originally scheduled for October 10 had to be pushed after heavy downpour rendered the...
President of the Chartered Institute of Bankers (CIB), Ghana Patricia Sappor, has said that a proper adherence to the Banking Code of Ethics and Business Conduct will go a long way to consolidate the gains realized after the financial sector cleanup and the subsequent confidence the public has reposed...
FBNBank Ghana Limited, a subsidiary of First Bank of Nigeria Limited, has officially opened its Osu Oxford Street branch - bringing the total branch number nationwide to 20. The new branch is expected to offer the quality universal banking services for which the bank has become noted to individuals, businesses...
2020 will be remembered for many terms which elicit images of post-apocalyptic doom and gloom – COVID, pandemic, lockdown, facemasks and quarantine, with the only seemingly positives being ‘Zoom’ and ‘Microsoft Teams’. ‘Digitisation’, ‘automation’, ‘remote-work’ have been around for the better part of the 21st century but these terms gained...
The Association of Rural Banks, Ghana which is made of the over one hundred and forty rural banks in Ghana has launched a new corporate cloth. The launch of the corporate Friday wear was part of activities that marked the 21st Biennial General Meeting held recently at Miklin Hotel in...
As part of effort to promote digital and smart banking, Absa Bank Ghana in collaboration with its Brand Ambassador, M.anifest, has unveiled the “Simple & Easy” music video ahead of the Christmas festivities to demonstrate how customers can bank conveniently during the busy season. The Simple & Easy campaign is...
    There is ample evidence that the existing financial sector regulation architecture in Ghana is not fit-for-purpose Ghana’s financial sector is in crisis. A crisis occasioned by the collapse of over 300 financial institutions; and which has affected every division of the financial sector. Universal banks, savings and loans companies, microfinance...
The Securities and Exchange Commission (SEC) has started paying locked up funds of all clients of the remaining Fund Management Companies whose licenses were revoked. A statement from SEC explained that the partial cash bailout of up to GHS50,000 will cover all clients of the remaining affected Fund Management Companies...
The Registrar-General will this morning have an investor class meeting with customers of defunct Fund Management Companies. The meeting is to discuss the government's bailout plan for investors of the various defunct fund management companies. Investors can join the virtual meeting through specially designated links to understand government's plan from the...
After years of contemplating whether to acquire an existing insurance company in Nigeria to kick-start operations in the country or not, Enterprise Group has settled on the acquisition of a new licence to start insurance business in Nigeria from next year. Keli Gadzekpo, Group Chief Executive Officer, explained that the...