posts 156% growth in profit
pays 40% of profit available for distribution as dividend
By Seth KRAMPAH, Fomena
The Adansi Rural Bank PLC at Fomena in the Adansi North District of Ashanti Region has held its 34th Annual General Meeting of shareholders and posted another impressive growth in all financial...
In an era where technology drives business success, making informed tech investment decisions has become crucial for organizations striving to maintain a competitive edge.
Financial analytics lies at the heart of these decisions, guiding companies in choosing the right tech investments or technologies—such as Data Centers, Security Information and Event...
The Ministry of Finance has released GH¢700million as the first tranche of a GH¢1.5billion bailout package for investors affected by the collapse of asset management companies (AMCs), which was announced during the 2024 mid-year budget review.
Finance Minister Dr. Mohammed Amin Adam made this public during the August 2024 Monthly...
By Ebenezer Chike Adjei NJOKU
[email protected]
The Ministry of Finance has initiated a release of GH¢700million as the first tranche of a GH¢1.5billion bailout package for investors affected by the collapse of asset management companies (AMCs), which was announced during the 2024 mid-year budget review.
This development, Finance Minister Dr. Mohammed...
...delivers strong, safe and sustainable returns to shareholders
Standard Chartered Bank Ghana PLC’s resilient performance for 2023 has resulted in the Bank declaring an ordinary dividend per share of GH¢2.9454 with a total amount of GH₵ 397 million to be paid to ordinary shareholders and GH¢ 3 million to preference...
United Bank for Africa (UBA) Ghana has been announced as the winner of the Most Sustainable Bank of the Year 2024 category by the Global Business Magazine Awards.
This prestigious recognition underscores UBA Ghana’s unwavering commitment to excellence in environmental, social, and governance (ESG) practices, reinforcing its position as a...
The Head of Global Markets at Stanbic Bank Ghana, Afua Bulley, has urged women to confidently pursue careers in finance, encouraging them to embrace opportunities in the industry.
Afua Bulley said this when she joined other panel members to discuss ‘Encouraging Diversity: Women’s Leadership and Inclusive Growth in Finance’ at...
…. The Amenfiman and Nyakrom Rural Bank perspective
By Joseph AKOSSEY & Seth KRAMPAH
Banks and Specialized Deposit Taking Institutions (SDIs) primarily provide financial intermediation, which involves deposit mobilization and credit extension. In other words, they take deposit from surplus fund holders and give it back to deficit fund holders of...
“Sika y3 mogya.” Money is blood, this directly translates. There is nowhere that this proverb rings truer than in a developing society such as ours. In nations, ecosystems such as this where the gaps between the haves and have-nots are so steep, money conversations are easily rendered heated and...
By Joshua Worlasi AMLANU & Ebenezer Chike Adjei Njoku
The cedi (GH¢) experienced a decline against major trading currencies last week as foreign exchange (FX) liquidity remained tight in view of high demand, according to recent investor updates from Databank and Constant Capital.
The local currency's depreciation has been attributed...