The 30th Annual Meetings of African Export-Import Bank (Afreximbank) will take place in Accra from 18 to 21 June 2023. The event will mark the high point of the Bank’s year-long 30th anniversary celebrations, under the theme “Delivering the vision. Building prosperity for Africans”. The 30th Afreximbank Annual Meetings and 30th...
  The African Banker’s judging process sought to recognise the African banks that have demonstrated original and practical uses of technology to provide customer convenience The leading pan-African banking group, Ecobank has won the award for Innovation in Financial Services at the 2020 edition of the prestigious African Banker magazine Awards....
The Court of Appeal has dealt another blow to the International Finance Corporation (IFC) and the OPEC Fund after the two had sought to block an Accra High Court from looking into the substantive case of a suit brought against them by Quantum Oil Terminals. The Accra High Court had...
Africa should develop regulatory mechanisms to supervise international credit rating agencies (CRAs) to avoid erroneous assessments that discourage investment on the continent, an experts report has recommended. “African regulators need to develop regulatory mechanisms to supervise the work of international CRAs operating within their respective jurisdictions to ensure proper conduct...
The Agricultural Development Bank (ADB) PLC has expanded its instant card issuance services by introducing an Instant Visa Debit Card service as part of its E-Banking transformation agenda. This brings the instant issuance of card services to three: namely the Gh-link instant card service, instant Visa Contactless Prepaid Card...
Board Chairman of GCB Bank, Jude Kofi Arthur, has said publicly listed companies that have large shareholder numbers, should make virtual features a regular aspect of annual general meetings even after normalcy returns in a post COVID-19 world. “It is something that large companies should use. Outside Ghana, some of...
Dr. Ernest Addison, Governor of the Bank of Ghana, has said the Bank is working with the industry to build a resilient and sound banking sector capable of weathering the COVID-19 storm in order to quicken economic recovery. The Governor, who is promising proactive measures to pre-empt potential risks in...
…posts GH¢6bn balance sheet, CAR at 20% for 2022 United Bank for Africa (UBA) has announced that it finished 2022 with a capital adequacy ratio (CAR) of 20.2 percent, which is twice the minimum requirement set by the Bank of Ghana (BoG) as well as the 16.6 percent industry average for...
The Securities and Exchange Commission (SEC) has offered a comprehensive response to developments that have trailed its announcement detailing the commencement of payment to customers of 22 collapsed Fund Management Companies (FMCs) that have been duly validated and under liquidation. The announcement, which was contained in a Press Release dated...
The Universal Merchant Bank Ghana (UMB), a leading indigenous Ghanaian bank, has presented young female ‘agripreneur’, Elselund Ewudzie-Sampson, a cash grant of GH¢5,000 in support of her online grocery business. The story of Elselund Ewudzie-Sampson (also known as Adwoa Agbogbloshie), was brought to prominence during a segment on the highly...