Group Head, Business Development at FBNBank Ghana Limited, Azubike Obi, has said the degree of success of any country with AfCFTA heavily depends on its financial services sector since it will serve as the engine that will drive the expected activities. In this regard, he believes “the sector must be...
Leading financial technology company, expressPay, has introduced into the Ghanaian market, a smart Point of Sale (POS) device to enhance merchant payments. expressPay brings its wealth of experience from its consumer app to revolutionize merchant payments. The expressPay POS is essentially a 4-in-1 device for merchants. It accepts all cards...
As part of the strategy to lead in broadening opportunities and access to financial services, FBNBank Ghana and its parent, First Bank of Nigeria Limited have announced a partnership with the International Centre for Strategic Alliances (ICSA) to hold the 2020 Virtual Digital Banking Summit. The Digital Banking Summit is...
Saves GH₵130m after payroll clean-up 11,000 non-existent pensioners deleted The Social Security and National Insurance Trust (SSNIT) has saved GH₵200million in legacy investment-related costs after undertaking value-for-money audits and ensuing renegotiations, Director-General of SSNIT, Dr. John Ofori-Tenkorang has said. According to him, the exercise came on the back of...
Akuapem Rural Bank at Mamfe in the Akuapem North district of Eastern Region has posted a satisfactory operational performance in almost all financial indicators for the 2019 year under review. The bank’s deposits grew by 12.59% from about GH¢54.9million in 2018 to approximately GH¢62million in the 2019 year under review. The...
The Ghana Fixed Income Market (GFIM) has bested its previous record for trade volume over the five-year period since the inception of the market, reaching a new all-time high in October, according to the monthly report issued by the Ghana Stock Exchange (GSE). In what represents a bit of good...
Banks are ready to channel funds into strategic areas that would accelerate economic growth and ensure a quicker recovery from the scourge of COVID-19 but government must create a more stimulus to attract such funding from commercial banks, the Deputy CEO of the Ghana Association of Bankers, John Awuah...
Standard Chartered Plc plans to offer flexible work options to more than 90% of its 85,000 staff over three years, a sign of how pandemic crisis management is leading to long-term change in the role of the office. The bank said about half its staff will be able to apply for...
If you are a regular user of the internet, the concept of a quality website is a clean, well-organized, easy to navigate, and functional interface that motivates the visitor to continue browsing for more and more information. As such, Standard Chartered Bank Ghana Limited has in line with its brand...
The days of “I don’t have money on me” are long gone. With the advent of mobile money all you need to do is get your mobile device and transfer money from one wallet to another. Whether banked or unbanked, there is no excuse.Today, there are more than a...