Successful acquisition concluded by Letshego Group in January 2017
Profit after tax increased by 166% year-on-year
Loan book increased by 75%
Qwikloans launched in second half of 2017, in partnership with MTN Ghana
Afb Ghana bonds - investment grade rating of Company Medium Term Notes affirmed at BBB+(GH)
afb...
The Ranking Member of Parliament’s Finance Committee, Cassiel Ato Forson, has advised the Bank of Ghana (BoG) and government to ensure that it does not cede the financial sector to foreigners.
“Government should make sure that going forward they don’t end up ceding the financial sector to foreigners because the...
Guaranty Trust Bank (Ghana) Limited has for the second consecutive year won the coveted “Best Digital Banking – Ghana 2018” award by Capital Finance International (cfi), United Kingdom, the publisher of the reputable cfi.co, a business, economics and finance magazine. The award is an endorsement of the Bank’s strength...
Banks must forge a common front rather than see themselves as competitors when it comes to the issue of combatting cybercrime, Mrs. Mansa Nettey-Chief Executive Officer (CEO) Standard Chartered Bank, has said.
Speaking at the bank’s first-ever forum on digital banking and cybersecurity in Accra, Mrs. Nettey said cybersecurity is...
Stanbic Bank Ghana will host international Tax Expert, Kristin Konschnik, at the first session of the 2018 Wealth and Investment Seminar Series on Monday, 26th March 2018, at The Kempinski Hotel Gold Coast City, Accra.
The seminar is expected to bring to bear the Bank’s expertise and capabilities on the...
The Governor of the Bank of Ghana, Dr. Ernest Addison has disclosed that, banks in Ghana will soon be required to publish bank-specific cyber security policies.
Publication of the bank-specific cyber security policies according to the central bank's governor, is in line with provisions in the Payment Systems and Services...
Second Deputy Governor of the Bank of Ghana, Elsie Awadzi has reassured customers of indigenous bank UniBank that, their deposits remain safe as KPMG takeover the assets and management of the bank.
According to Mrs. Awadzi, customers must not rush to redraw their deposits, as with the exception of management...
UniBank Ghana Ltd, has confirmed the takeover of its management by KPMG, who are to serve as the 'Official Administrator', effective Tuesday March 20, 2018.
This was contained in a text message which was sent to the bank’s customers in the country same day that the announcement was made by...
Monetary policy alone cannot clip lending rates appreciably, except when factors like a functioning National ID system, a working credit bureau, an efficient address system, digital land registry and an interoperability system, are accounted for, Vice President Mahamudu Bawumia has said.
“If we have all these pieces of the puzzle...
Bank of Ghana (BOG) has announced that, UniBank Ghana Limited (UniBank) has been placed under administration.
The appointment of the official administrator according to the central bank is aimed at saving UniBank from imminent collapse.
The announcement comes just two weeks after uniBank announced a takeover of adb after some shareholders...