As Identity theft and fraudulent transactions gain grounds in the global banking system, the West African Monetary Institute (WAMI), is collaborating with all Central Banks within West African Monetary Zone (WAMZ/Zone) to launch the Bank Verification Number (BVN).
According to the WAMI, the move is expected to ensure that individuals...
Shama Cooperative Credit Union (SHAccu) has recorded an impressive growth as its income rose to GH¢3million in 2017 from GH¢2.7 million recorded in 2016 and
The company also within the same financial period recorded a surplus of slightly above GH¢131 million.
Total assets also rose from GH¢12.4million in 2016 to GH¢14.3...
uniBank unknown to ADB, can only act on proxy
Shareholding in ADB remains unchanged
Belstar et al shares pledged to uniBank
The B&FT on Wednesday March 7, 2018 reported that a consortium of financial institutions which controlled majority shares in Agricultural Development Bank (ADB) had pledged their shares, proceeds,...
Economic analysts at the research desk of Standard Bank, the parent company of Stanbic Bank Ghana, have forecast an improved economic performance and narrowing of the current account deficit in 2018.
Year on year inflation is expected to be around 9.3% as strong base effects from food inflation continue, while...
With barely nine months to the stated capital deadline for banks, the Energy Commercial Bank could offload up to 50percent of its by May and raise almost GH¢400million on the bourse.
Setting a target of May to launch its Initial Public Offering (IPO), the bank, which has a stated capital...
This is not California or any of the other 21 states in America that effect rules for habitual offenders. More is the pity.
The public notice issued last week by the Securities and Exchange Commission (SEC), the emphatic public statement made by the Governor of the Central Bank, Dr. Ernest...
… 1st in Ghana to be certified by global market leader in cyber & information security, Sysnet
Customer confidence in Guaranty Trust Bank (Ghana) Limited’s cards and other payments and collections channels received a further boost on Wednesday 28th February, 2018 when the bank received the Attestation of Compliance (AoC)...
The Akuapem Rural Bank Limited at Manfe in the Akuapem North District of Eastern Region has inaugurated Madina branch at a brief but colourful ceremony at Madina in Accra.
The inauguration of the Madina Branch brings to six the number of branches and mobilization centres currently being operated by the...
The Central Bank, in responding to challenges in the microfinance sector, has released a list of certified microfinance companies to help customers make informed choices. The list is made up of Tier 2 institutions or microfinance companies or and Tier 3 or money lending institutions across the country.
In a...
Managing Director of CalBank, Frank Adu Jnr., has won the prestigious African Banker of the Year at an award ceremony held at the Sandton Convention Centre, Johannesburg, South Africa.
In addition to this recognition, Frank Adu Jnr. was also inducted into Africa’s CEOs Hall of Fame for 2018 for his...