Akuapem Rural Bank PLC at Mamfe in the Akuapem North District of Eastern Region has demonstrated resilience and achieved significant financial growth across key performance indicators. According to the Bank’s 2023 financial report, net interest income increased by 32.75%, rising from GH₵18.37 million in 2022 to GH₵ 24.38 million in...
By J. N. Halm First introduced in 1965 by a British physicist, sociologist and science historian, Derek J. de Solla Price, Price’s Law or Price’s Square Root Law is quite an interesting rule of thumb. The Law simply states that in any productive community or grouping, 50% of the results will...
A book titled Concise Law of Banking has been launched in Accra .The book was commissioned by the Institute for Law and Development and authored by Rev. Mrs. Nana Kegya Appiah-Adu, a lawyer and minister of the gospel. Topics in the book include, Introduction to banking law, bank regulation, banker-customer...
By Joshua Worlasi AMLANU [email protected] Government is set to re-enter the domestic bond market ahead of the typical recovery timeline following its Domestic Debt Exchange Programme (DDEP), completed in September 2023. It plans to reintroduce access to its domestic bond market for non-resident investors as early as next year, signalling confidence in...
Stanbic Bank Ghana, in collaboration with Mechanical Lloyd Ghana, has donated a brand-new Massey Ferguson tractor to the Ministry of Food and Agriculture in keeping with its support for the National Farmers’ Day celebration over the past 17 years.  The tractor will be presented as the second runner-up prize...
By Kwame Asiedu ATTRAMS As a leader in agribusiness financing, the Agricultural Development Bank (ADB) PLC proudly takes center stage in championing and empowering our nation's esteemed farming community. With steadfast commitment, ADB has provided funding and created opportunities for wealth creation, a role that gains particular significance as we...
By Bernard Yaw ASHIADEY and Joshua Worlasi AMLANU CalBank Plc has outlined a robust strategy to recover GH¢900 million in impaired loans by the end of 2024, an ambitious goal aimed at reinforcing the bank’s financial health and enhancing shareholder value. The Bank has so far recovered GH¢712.5 million, with substantial...
By Robert DZATO …From service to experience, how do your customers feel about your brand? In today's highly competitive business landscape, providing exceptional customer experiences has become a strategic imperative for financial institutions looking to achieve operational excellence and business transformation in the fast-growing digital economy. More than ever, customers are empowered...
Absa Bank Ghana has organised the third draw of its ongoing “Change Your Story” campaign. The event took place at the bank’s branch in Ho, where five Absa customers were announced as winners, each to receive GHS 40,000. Running from July to October 2024, the “Change Your Story” campaign offers...
By Samuel Lartey (Prof.) [email protected] As the festive season approaches, the Bank of Ghana (BoG) has announced proactive measures aimed at fortifying its reserves to address the persistent depreciation of the cedi against major global currencies. This intervention comes at a critical time, as the Ghanaian cedi currently stands at approximately GH¢17...