Standard Chartered announced the launch of the Bank More Score More 2 campaign, a competition offering customers an opportunity to accumulate points from banking transactions that lead to exciting prizes.
The Bank launched the campaign following the successful performance of Bank More Score More in 2021. This is an exciting...
projects modest reprieve for cedi in Q2
Interbank liquidity - funds banks can lend among themselves - could fall by as much as GH¢5billion in the second quarter of the year following the 4 percentage points hike in the capital reserve ratio (CRR), a recently-released report by asset-management company...
Fidelity Bank Ghana in partnership with the Criminal Investigation Department (CID) of the Ghana Police Service (GPS) has provided forensic training for 50 bank staff who in turn will train other frontline and control function staff. Fidelity Bank is the first bank in Ghana to provide its staff with...
UMB leads the way with mobile solution.
The Bank of Ghana’s drive to have all accounts validated and linked to Ghana Cards continues to enjoy support from commercial banks in Ghana. A significant number of banks have undertaken heavy publicity campaigns to get their customers link their cards.
A...
Cashless payments and digital banking are not new subjects in the banking discourse. Over the past two decades, the Ghanaian payments industry has undergone significant transformation on account of adopting digital technology. With onset of the COVID-19 pandemic, a sense of urgency has been injected into Ghana’s payment ecosystem...
At 2030, I would say that you probably have two billion people that’ll be using day-to-day banking services, independent of banks.
Research by Statista (2020) indicates that almost 2 billion people globally actively used online banking, and this trend is projected to rise. In fact, by 2024, there will...
Absa Bank Ghana led the way at the 11th Marketing World Awards with five significant awards in demonstration of the bank's leadership in marketing communications and CSR in the banking sector.
The bank won the Advertising Campaign of the Year with its Africanacity commercial, Best CSR Support for Education (National...
Perry Addo-Quaye, Regional Director at Network International, a leading digital payment solutions provider, is confident WhatsApp banking is the game changer that will present traditional financial institutions the opportunity to improve on financial inclusion and provide services to the underbanked.
He stressed that access to financial services is a critical...
raises concerns over food safety and quality
More than 60 percent of food vendors in the country’s three largest cities - Accra, Kumasi and Tamale - do not have licences to sell, research on ‘Drivers of food decisions in Ghana’ and the urban food environment has revealed.
Conducted...
Chief Executive Officer of the Ghana Association of Banks (GAB), John Awuah, is confident the Bank of Ghana's phased approach to implementing the increased Cash Reserve Requirement (CRR) will help banks plan for the 15 percent to come in November.
The Monetary Policy Committee (MPC), after an urgent meeting to...