GHL Bank, formerly Ghana Home Loans Limited, has introduced its new flagship ‘Save-to-Own’ mortgage product to the local market.
The product, which is uniquely designed to enable applicants acquire a personal home, will also demonstrate the prospective homeowner’s commitment and ability to make scheduled payments to service a mortgage.
GHL Bank,...
BoG reacts
GSE suspends trading of ADB shares
ADB confirms move but backs BOG
More acquisitions in the wind
The opinions of economic and banking analysts are divided over uniBank’s ‘takeover’ of the Agricultural Development Bank (ADB), while the Ghana Stock Exchange (GSE) on Wednesday suspended trading of ADB...
….in charge of 6 West African countries
United Bank for Africa (UBA) Plc has announced the appointment of Mrs. Abiola Bawuah as new Regional Chief Executive Officer (RCEO) in charge of six African countries. The new appointment, which takes effect from 1st March 2018, will see her overseeing the...
ADB has confirmed that it indeed received letters from Belstar Capital Limited, EDC Limited and Starmount Investment Limited pledging their various shares in the Agricultural Development Bank Limited to Unibank.
A press release issued by the bank Wednesday stated that: “It is the opinion of ADB that, a pledge does...
In an unexpected move that could be the beginning of a restructuring of the local banking space, a consortium of financial institutions that control majority shares in agric-focused bank, Agricultural Development Bank (ADB), have pledged their shares, proceeds, entitlement and voting rights to uniBank, a leading local bank.
The consortium,...
Barclays Bank Ghana has stated that its decision to rebrand to Absa will not lead to any job-cuts, and that the bank by its new image will be more focused on entrenching its position on the local scene and work toward doubling its footprints in the country.
Speaking in a...
The Chief Executive Officer of Ghana Interbank Payment and Settlement Systems (GhIPSS) Archie Hesse, has called on the public to resort to more electronic forms of payment in order to reduce their exposure to being attacked by armed robbers.
His advice comes in the wake of reports of armed robbery...
Consumer finance firm afb Ghana, has launched an Education solution to support players in the educational sector of the country.
The new solution was launched in collaboration with the Ghana National Association of Private Schools (GNAPS), during its education week celebrations in Accra.
The solution, designed to address the respective needs...
Do not get me wrong. I have no qualms against foreign participation in any sector of the economy. But one logic I agree with wholeheartedly is no country has seen sustained growth and development with foreigners at the helm or in charge of any sector - be it banking,...
BEIGE Care, a subsidiary of BEIGE - a Financial Services Provider with business interests in Banking, Pensions, Insurance and Investments - has launched a private health insurance product called ‘Hewale’.
Managing Director of BEIGE Care, David Osae-Akoto, speaking at the launch in Accra said: “We thought it wise to extend...