……acquires BNP Paribas in Guinea and Burkina Faso
Vista Bank Group (‘Vista’) has agreed with BNP Paribas to acquire BNP Paribas’ majority interest in the International Bank for industry in Guinea and the International Bank for Industry, Commerce and Agriculture in Burkina Faso.
The acquisition, whose completion is subject to regulatory...
It is increasingly recognised that we live in a VUCA World, characterized by Volatility, Uncertainty, Complexity and Ambiguity. The Covid-19 pandemic has shown how quickly major economic disruption can occur.
Leading economies suddenly see numerous businesses facing bankruptcy. The dislocation, coupled with the impact of new technology, will accelerate the...
KGL Group of Companies has been awarded the 'Most Outstanding Customer" by the management of Stanbic Bank Ghana Limited.
The management of Stanbic Bank made the award presentation when a delegation from the bank paid a courtesy call on KGL Group at the Company's Head Office at Labone in Accra.
Executive...
Executive Director of the Association of Rural Banks-Ghana, Mrs. Comfort Owusu, has advised rural banks’ General Managers and CEOs to quickly adapt to change - particularly in the business environment.
According to her, the external business environment and government regulatory policies have direct impacts on their activities as bankers, and...
It is exactly three years since October 2017 when the B&FT exclusively reported that the central bank had begun stakeholder consultations on establishing an apex body for microfinance institutions in the country, in the form of an ARB Apex Bank for rural and community banks (RCBs).
But so far, nothing...
expressPay Ghana Limited, a wholly owned Ghanaian financial technology company, has added a Quick Response (QR) Code called ‘myQR’ to its array of cashless payment services.
With the introduction of ‘myQR’, merchants now have an innovative way to ensure cashless transactions in times of heightened COVID-19 hygiene procedures. myQR is...
Dr. Ernest Addison, Governor of the Central Bank and the Bank of Ghana have received global awards for their contribution to stabilizing the country’s financial sector.
The Governor was honoured by GlobalMarkets, a newspaper published digitally to cover the Virtual IMF/World Bank Annual Meeting 2020, as the Central Bank Governor...
The General Manager of Venture Capital Trust Fund (VCTF), Hamdiyiah Ishmael, says there has never been a better time in the history of the nation for stakeholder engagements on the introduction and regulation of alternate investment strategies and asset classes than now.
According to her, prevailing conditions such aa ongoing...
Vice President Dr. Mahamudu Bawumia has said his caution that some banks were on the verge of collapsing, as far back as 2015, was supported by data from the International Monetary Fund (IMF).
According to Dr. Bawumia, an Asset Quality Review of the country’s banking system - a study occasioned...
The General Manager of Adansi Rural Bank at Fomena in the Adansi North district of Ashanti Region, Akwasi Ossei Nkrumah, has reiterated the bank’s commitment to ensuring best and most convenient banking services to customers at all times.
According to him, banking is now a very competitive business and Adansi...