Ghana might be going through a rough patch. Yet, it is true that we have witnessed significant advancements in many sectors over the past few decades. With a diverse economy encompassing agriculture, mining, manufacturing, and a growing services sector, the nation is poised for continued prosperity.
Central to this growth...
The Ghana Incentive-Based Risk Sharing System for Agricultural Lending (GIRSAL), a government-backed initiative aimed at boosting agricultural financing, has facilitated lending to 137 agribusinesses since its inception in 2019 - which comes out to roughly about GH¢1.2billion.
This was made known during the launch of its fifth anniversary under the...
By Melvin Akaba
Stanbic Bank Ghana has provided a USD5-million debt financing facility to Fido, a digital microfinance company, to expand its financial services to unbanked populations across Ghana.
Fido, which leverages artificial intelligence and machine learning for credit scoring, has been instrumental in providing micro loans to individuals and small...
By Sandra Agyeiwaa OTOO
Societe Generale Ghana, in partnership with the Ghana Real Estate Developers Association (GREDA), has instituted a mortgage product known as the Societe Generale (SG) Ghana Home Sweet Loan as part of efforts to help customers achieve their dream of homeownership.
The initiative is set to offer competitive...
By Barbara Dede Okai-Tettey
Barbara Dede Okai-Tettey, Senior Manager, Compliance at Stanbic Bank Ghana, has called on organizations to prioritize employee data security and ensure regulatory compliance, stressing that both are critical components of sustainable business success.
Ms. Okai-Tettey made these remarks during a webinar with the theme “Securing Employee Data:...
Dr. Ernest Addison, Governor-Bank of Ghana, has stated that fiscal and monetary stabilisation measures put in place following recent years of economic shocks that exposed the country’s structural vulnerabilities are yielding positive results.
The recovery comes amid broader efforts in sub-Saharan Africa to stabilise after a period of turbulence. The...
By Buertey Francis BORYOR
Employees of Ecobank Ghana made varied donations to selected health institutions in five towns and villages across the country last Saturday.
Focusing on ‘Mother and Child’, the second edition of the bank’s Employee Volunteerism programme witnessed its employees make donations valued at about GH¢470,000 to deprived healthcare...
By Samuel Lartey( Prof.)
The Ghanaian financial sector has made significant strides towards recovery after the shocks of the banking sector clean-up, where several banks and financial institutions were either dissolved or merged due to insolvency, poor corporate governance, and fraudulent activities. However, the increasing menace of financial fraud threatens...
By Samuel Lartey( Prof.)
The Ghanaian financial sector has made significant strides towards recovery after the shocks of the banking sector clean-up, where several banks and financial institutions were either dissolved or merged due to insolvency, poor corporate governance, and fraudulent activities. However, the increasing menace of financial fraud threatens...
By Enoch K. AKUFFU-DJOBI
Seasonality has a significant impact on the operations, demand, and revenue cycles of many industries. For Ghanaian banks, seasonality can manifest as fluctuating customer activity, varying cash flows, and shifting financial needs. From agricultural harvests to holiday spending sprees, Ghana's distinct cultural and economic rhythms can...