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...
Gold Coast Fund Management(GCFM) has said it is ready to support rural banks that are yet to meet the Central Bank’s GH¢1million stated capital requirement get listed on the Ghana Stock Exchange (GSE) in order to stay in business.
Kwame Asumaning, Chief Executive Officer of GCFM, which is the fund...
GCB Bank’s efforts to provide convenient, accessible and comfortable banking services has added on to the number of branches engaged in Saturday banking services in the country.
This brings to 28 the number of branches currently offering Saturday banking business in eight regions of the country compared to the previous...
HFC Bank, a subsidiary of Republic Financial Holdings Limited has returned a profit of GH₵36,923,000 posted for the year ended 2017. This was included in the unaudited financials signed by the Board Chairman, Mr. Charles Zwennes and the Managing Director, Anthony Jordan.
Over the last three years, HFC Bank Ghana...
Guaranty Trust Bank (Ghana) Limited has appointed Mr. Thomas Attah John as its new Managing Director effective Friday, March 16, 2018, following Bank of Ghana approval.
He replaces Mr. Lekan Sanusi who takes up a new position as Managing Director of Guaranty Trust Bank Uganda Limited.
Mr. Thomas Attah John, an...