The Association of Rural Banks, Ghana has held its 22nd Biennial General Meeting, on the theme ‘The role of Rural Banks: Growing Resilient RCBs in the Contemporary Ghanaian Economy’. The chosen theme was considered very appropriate by the Council of the Association, because the rural banking industry has been prone...
Binance, the world’s leading crypto and blockchain infrastructure provider, with an ecosystem featuring an unmatched portfolio of crypto products, sees continued growth across Africa, making it one of the fastest growing regions for the company. Increasing Crypto Adoption Across Africa As a leader in the blockchain industry, Binance continues to...
The Agricultural Development Bank PLC (ADB) has been adjudged the winner of the 2022 Highest Value of Guaranteed Agricultural Credit Award. Instituted by the Ghana Incentive-Based Risk Sharing System for Agricultural Lending (GIRSAL) the Guaranteed Agricultural Credit Award Scheme is to recognize the contribution of financial institutions’ lending to the...
Working hand-in-hand, banks and financial technology firms (fintechs) can co-exist and successfully design solutions which not only meet customer needs but also ensure their survival amid the ongoing economic crisis. The two have often been seen as competitors, but that notion has been dispelled by Chief Executive Officer of the...
Guaranty Trust Bank (Ghana) Limited, has introduced its agency banking initiative dubbed “GTExpress” as part of efforts to establish brand presence and bring convenient banking to the doorsteps of its customers and the public. GTExpress is designed to offer GTBank account holders the convenience of conducting banking services at partner...
The Bank of Ghana has been named RegTech of the Year at the Ghana FinTech Awards 2022 for its efforts in promoting responsible innovation in the financial services sector. The Bank of Ghana was recognised for its consistency in formulating appropriate regulations to support new and innovative service offerings...
The Chief Executive Officer (CEO) of FBNBank Ghana Victor Yaw Asante has encouraged the bank’s women’s network as well as women everywhere to strive toward breaking down gender barriers in innovation and technology while creating a more diverse and inclusive world for all. He made this remark during the bank’s...
Bayport Savings and Loans (Ghana) Plc. successfully closed its GHS 50 million two-year senior unsecured floating rate notes issuance last week in Accra, Ghana, being the first series and tranche of notes under its newly established GH¢500 million medium term notes and bond programme. The notes were subsequently admitted to...
Experts from finance and the private sector have emphasised the crucial role that banks can play in providing funding for both start-ups and established small and medium-sized enterprises (SMEs). This comes on the back of limited access to bank credit by SMEs, which has been further exacerbated by the Domestic...
United Bank for Africa (Ghana) LTD wishes to inform the general public that in line with the provisions of the Banks and Specialized Deposit-Taking Institutions Act, 2016 (Act 930), accounts held at the Bank that have not been operated within the last two (2) years are classified as dormant...