Getting caught up in the fun of the end-of-year holiday season isn’t difficult. When friends are around, the kids are having a good time, and work is far away, it’s easy to spend that money – even knowing that in a few weeks, you will face a long, moneyless...
The coronavirus has brought with it many changes to the way we live; chief amongst them has been, social distancing, a heightened sense of health and safety, disruptions to supply chains and changes to consumer patterns. Flowing from these has been the acceleration in digital payment solutions.
At the...
We hereby bring to the notice of the general public, a publication of the list of persons having accounts with Absa Bank Ghana Limited that have not been operated for a minimum of five (5) years and are classified as dormant, in accordance with the Banks and Specialized Deposit-Taking...
Cal Bank PLC has demonstrated its commitment to corporate social responsibility by donating personal protective equipment (PPE) to the Bolgatanga Regional Hospital.
The donation is aimed at enhancing the quality of healthcare delivery and addressing some of the challenges faced by health workers in discharging their duties to ensure patient...
Last week, I highlighted a series of concerns currently being expressed among some bank staff working in the digital banking era. Their concerns mostly harbour around the positive but intrusive 4th Industrial Revolution where most transactions are powered by artificial intelligence, and the power of collaboration with fin-techs is...
Taxpayers want action
Depositors want their money
On August 14, 2017, Ghanaians woke up to the shocking news that two local financial institutions, UT and Capital Banks, had their licences revoked by the regulator, Bank of Ghana, as their financial statements showed the banks were living dead (insolvent).
Then a...
The Minority in Parliament has cautioned the central bank to desist from operating a fiscal dominance regime in a bid to finance government at all cost as the act is dangerous to the economy in the short and medium terms.
This comes after the Minority’s accusation that the Bank of...
The Agricultural Development Bank (ADB) has posted impressive financial growth in its half-year results, even in the face of the Coronavirus pandemic that has wreaked havoc on all sectors of the economy, including the financial sector.
The unaudited half-year results published by the Bank last week showed growth in all...
profit soars to GH¢96m in second quarter
Indigenous lender OmniBSIC Bank has taken its stellar performance to the next level - with strong results in the second quarter that deliver superior returns to shareholders and guarantee higher value to customers. Profit and liquidity soared and the balance sheet...
Dan Sackey, Managing Director of Ecobnk Ghana has been given a special tour of the largest locally owned manufacturer and distributor of fertilizers in the country, Agricultural Manufacturing Group (AMG), a company positioning itself to expand its operations and compete globally by exporting more of its products.
The company which...