Attuahene attributes to quality of boards
Annual financial reports posted by commercial banks in the country, indicate that foreign-owned banks have made profits in excess of 185.5 percent in 2020 compared to that made by indigenous banks, a development banking consultant, Dr. Richmond Atuahene, attributes to good corporate...
The Managing Director of the Agricultural Development Bank PLC (ADB), Dr. John Kofi Mensah, has said the bank is ready to partner religious bodies to venture into Agriculture.
According to Dr. Kofi Mensah, religious organisations should take advantage of government intervention programmes like Planting for Food and Jobs, Planting for...
As the government steps up to clear the US$2.4 billion energy sector debt, commercial banks would have to get their credit decisions right, moving forward, to spare the taxpayer another humongous debt in the future, Emmanuel Akrong, a credit consultant has said.
“Poor credit decisions” by commercial banks, he argues,...
In spite of the annihilative impact of the coronavirus pandemic on the country’s local currency, making it record its highest depreciation against the US dollar since the beginning of the year, the Bank of Ghana (BoG) says it expects the cedi to gain stability as pressure on it has...
Republic Bank Ghana, a subsidiary of Republic Financial Holdings Limited has officially inaugurated its Ultra-Modern building, Republic Court located on the independence avenue, Ridge.
The Managing Director of the Bank, Mr. Farid Antar gave a historical account of Republic Bank in Ghana. “Republic Bank, a bank built with African blood,...
Sahara Group has refurbished the Metal Works Technical Workshop of the Manhean Technical School as part of its corporate social responsibility.
Working in concert with other stakeholders, Sahara Group’s intervention has transformed learning experience in the school.
The renovation of the workshop included the construction of a shed to accommodate the...
market to grow around 45%
with telcos, FMCGs to play part
By Ebenezer Chike Adjei NJOKU ([email protected] )
The equities market is poised for another bullish year in 2025 with banking stocks leading the charge, analysts at Databank Brokerage Limited forecast in their latest market outlook.
In its 2025 projections, dubbed...
The nation’s financial sector assets’ value in nominal terms has almost doubled - recording a growth of 94.96 percent between the end of 2017 and 2022; a period marked by sector clean-ups, the COVID-19 pandemic, Domestic Debt Exchange Programme (DDEP) as well as recapitalisation of institutions in the sector.
This...
Rural and Community Banks are going to face disruptions in their operations, credit quality and risk management in 2020 financial year due to the pandemic that has affected all facets of the banking community.
The Ghanaian business community is feeling the effects of the coronavirus crisis. Due to the uncertainties brought about...
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:...