Banking in today’s world is all about convenience. What would have seemed like a normal banking experience just a decade ago, will today seem unthinkable and even straight out of this world like queuing for 30 mins to check account balance.
Banks continue to invest in their service infrastructure to...
Government is exploring ways of getting a formidable indigenous bank to compete favourably with other multinational banks in the country, Finance Minister, Ken Ofori-Atta has confirmed.
His comments follow a recent Bank of Ghana (BoG) announcement that it has placed uniBank, an indigenous bank, under administration with KPMG as the...
PEF advocates new formula
Following the central bank’s better-than-expected reduction of its policy rate, analysts speaking to the B&FT have said it is time for lending rates to trend downward.
“If your cost of operations has gone down; if the exchange rate is stable and growth momentum has picked up;...
The Economic and Organised Crime Office (EOCO) will today meet the directors of defunct UT Bank for them to answer questions on what roles they played that cause the collapse of the bank.
UT Bank directors will be followed their colleagues from Capital Bank on April 4, 2018 whose bank...
afb Ghana, a subsidiary of the regional inclusive finance group, Letshego Holdings Ltd, has reported strong growth results for 2017. Profit after tax has increased 166percent year-on-year, with loans disbursed increasing by GH¢75.4 million, or 75percent, for the same period.
afb Ghana’s positive growth performance can be attributed to strong...
Declares Profit Before Tax of N105.3 billion
Recommends N0.85 Total Final Dividend for the Year
United Bank for Africa Plc has announced its audited results for the financial year ended December 31, 2017, showing significant growth in the contribution and market share from its pan-African subsidiaries, among other positive...
Stanbic Bank Ghana hosted international Tax Expert, Kristin Konschnik, at the first session of the 2018 Wealth and Investment Seminar Series to educate clients on the standard glaboal requirements needed when doing business in the United States of America.
The seminar brought to bear the Bank’s expertise and capabilities on...
Bank of Ghana (BOG) has today announced a reduction in its Monetary Policy Rate (MPR) by 200 basis points from the current 20% to 18%.
The cut in the policy rate which is the biggest drop since November 2014, according to the Governor of the Bank of Ghana, Dr. Ernest...
The Bank of Ghana (BoG) has introduced new reforms to financial institutions in the country, in a bid to address the corporate governance challenges that have bedevilled the sector in recent years.
The new reforms, dubbed ‘The Banking Business — Corporate Governance Directives 2018’, seek to vividly define the roles...
There is a huge business potential for financial technology service providers, known as Fintech companies, to support organisations set up their systems in order to use the e-bills pay.
The e-bills system, which is the latest initiative by the Ghana Interbank Payment and Settlement Systems (GhIPSS), enables various institutions to...