…presents opportunity for industry partnerships Contrary to sentiments expressed by some players in the insurance industry - that the proposed recapitalisation exercise will put a strain on existing firms, a proper understanding of the rationale behind it and its potential impact shows that the move bodes well for the industry,...
Absa Bank Ghana and the Mastercard Foundation have formed a partnership aimed at stimulating the growth of micro, small, and medium enterprises (MSMEs) to create access to 50,000 dignified and fulfilling jobs for young people in Ghana. The partnership seeks to build the capacity of 5,000 MSMEs, especially women led...
The Monetary Policy Committee(MPC) of the Bank of Ghana(BoG) has maintained the policy rate at 14.5 percent. The Governor of the Bank of Ghana, Dr. Ernest Addison made the announcement at a press conference in Accra. According to him, “the macroeconomic conditions have generally improved relative to conditions at the time...
… SC Mobile app named Mobile Banking App of the Year Standard Chartered Bank Ghana Limited was named the Digital Bank of the Year during the 2020 Ghana Information Technology & Telecom Awards (GITTA) while its robust and secure mobile banking platform, SC Mobile, was declared Mobile Banking App of...
Ghana’s leading mortgage provider, First National Bank has hosted a virtual housing fair to help reduce the country’s housing deficit, which current stands at almost two million. Instead of hosting the housing fair at a physical location, as is usually done, First National Bank Ghana opted to take its annual...
Intensive publicity on GhQR code is expected to begin shortly, to create awareness about QR Code and its benefits to shoppers and merchants. The Ghana Interbank Payment and Settlement Systems (GhIPSS) with support from financial institutions, FinTechs and other partners will use various platforms, including social media, as well as...
Accra, November 17, 2020: Universal Merchant Bank (UMB) has won a total of three coveted awards at the 10th edition of the Ghana Information Technology and Telecom Awards (GITTA) held at the Mövenpick Ambassador Hotel in Accra on Friday, November 13, 2020. The Bank was adjudged the Most Improved Bank...
The Bank of Ghana has called on banks to foster collaboration with the soon-to-be established Ghana Development Bank in order to hasten the economic recovery efforts of government amid the pandemic. Speaking at the 24th National Banking Conference organised by the Chartered Institute of Bankers (CIB), Head of Banking Supervision...
Advans Ghana Savings and Loans has picked up two awards at this year’s Sustainability and Social Investment awards. The CEO of the financial institution, Mr. Olivier Bailly Béchet, also received an individual award -- Foreign Personality of the Year -- for his undying efforts in creating positive change in societies...
Awaits complete validation to settle the remainder Government has provided a GH¢1.4billion relief package to embattled customers of 27 collapsed fund management companies, including Gold Coast Ltd. - which hitherto had not received a penny due to a prolonged validation process. A press release by the Securities and Exchange...

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