Wednesday, February 8, 2023
For businesses – such as D. K. T. Djokoto & Co ­– and individuals passionate about land banking, accurate statistics remains a vital aspect in reaching informed decisions about potential property investments. In search of a fitting headquarters for our old-fashioned multi-disciplinary advisory — laser-focused on rural development within...
Management of the Ghana Export-Import Bank (GEXIM) have hosted a business delegation from Malta. Rosemary Beryl Archer - Deputy Chief Executive Officer responsible for Banking, on behalf of Chief Executive Officer Lawrence Agyinsam received the delegation. The Business delegation from Malta comprised representatives of Malta’s Economic Development Agency, Malta Enterprise...
Amid the elevated inflationary pressures and the sharp depreciation of the cedi against the dollar and other major currencies this year, the market anticipates a further hike in policy rate in the next Monetary Policy Committee (MPC) meeting of the Bank of Ghana. The latest consumer inflation figures showed further...
First National Bank has completed engagements with its payment gateway partners, and has decided to reverse all debit transactions passed on to some customer accounts as a result of transactions initiated on binance.com - a cryptocurrency exchange. The bank explained that it had a series of engagements with its payment...
The Ghana Association of Banks (GAB) and government have reached a significant agreement regarding the terms of participation for banks in the Domestic Debt Exchange Programme (DDEP). This agreement includes improvements to the DDEP, such as a 5 percent coupon for 2023 and a single coupon rate for each of...
Climate change has come to represent a major challenge for central banks. How much should their monetary policy and approach to banking supervision be influenced by it? On one hand, there is growing evidence that global warming, particularly through its effect on agriculture, may create inflationary pressures. And there is...
Despite the changing banking and economic environment across the world, one thing is certain - the customer is still the most important element in any business or activity. As able marketing practitioners like Peter Drucker have said long ago – the fundamental task of any business is to create and...
The Ghana Stock Exchange (GSE) has approved a request by the Ghana Association of Banks (GAB) to extend, by one-month, the filing of 2022 audited financial statements. The request by GAB was made on behalf of eight listed bank and will now move the date to April 30, 2023 instead...
…implementing effective measures against cyberattacks  The financial sector is a prime target for cybercriminals due to the large amount of sensitive information and financial assets it possesses. Cyber-attacks, such as data breaches and fraud, can cause significant harm to both financial institutions and their customers. As the threat of cyber-attacks...
Innovation is a crucial driver of economic development in Ghana, and over the past few years adopting disruptive technologies has accelerated rapidly. The country continues to be a digital leader in Africa, and according to the Global Innovation Index (GII) it ranks 5th in sub-Saharan Africa. In Ghana's financial sector, there...
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