The Commercial Division of the Accra High Court will today rule on an application filed by Quantum Oil Terminals that seeks to prevent the International Finance Corporation and the OPEC Fund from commencing other proceedings on the matter already before the court in another jurisdiction.
The court had earlier ruled...
The Bank of Ghana has blocked plans by the Ghana Interbank Payment and Settlement Systems (GhIPSS) to offload part of its shares to commercial banks in the country, a source close to the botched deal has told the B&FT.
GhIPSS, a wholly-owned subsidiary of the central bank, has often spoken...
The decline in headline inflation for January to 10.3 percent is likely to push the central bank to continue its reduction in the monetary policy rate, Barclays Africa has said.
According to a release by the research arm of the bank, “the deceleration in inflation will have been positively received...
Fintech is boosting financial inclusion across Africa, according to Ecobank ,the leading independent pan-African banking group, a pioneer in Africa’s digital transformation and the main sponsor of the 2018 Africa Tech summit taking place today.
Although over 80% of Africans have mobile phones, only around one quarter (28%) of them...
Banking institutions and universities must strongly look at skills and knowledge-based training that will feed the banking industry with skilled labour to drive growth, a financial economist and board chairman of HR and business consultancy firm Acreaty Ghana, Dr. Ken Kwaku, has said.
Speaking to the B&FT at the launch...
The Amenfiman Rural Bank Limited at Wasa Akropong in the Wasa Amenfi East District in the Western Region has opened a branch at Sefwi Bekawi in the Western Region.
The inauguration of the Sefwi Bekwai branch brings to 16, the number of branches currently being operated by the Bank.
These are Wassa...
Fitch Ratings has affirmed a stable outlook on the Foreign Currency, Long Term Issuer Default Ratings of UBA Plc's subsidiaries in Cameroon, Ghana and Senegal. The entities, UBA Cameroon SA, UBA Ghana Limited and UBA Senegal SA, which are some of the flagship subsidiaries of the Nigerian-headquartered United Bank...
The ARB Apex Bank, the apex body for Rural and Community Banks (RCBs), is to raise GH₵100m to support the activities of RCBs nationwide, the bank’s Managing Director, Kojo Mattah, has confirmed.
The bank, has therefore, officially informed the Securities and Exchange Commission (SEC) about the planned local road show...
President Akufo-Addo has finally named international economic and financial lawyer, Mrs Elsie Awadzi as the Second Deputy Governor of the Bank of Ghana.
Her appointment comes after the position of the Second Deputy Governorship of the Bank of Ghana has remained vacant over a month.
She replaces Dr. Johnson Asiamah who...
Access Bank’s family promotion which started in July last year was climaxed in Accra last Friday as the final batch of winners picked up amazing and life changing prizes. With over 60,000 new and existing customers participating and over 2,000 being rewarded, the Family promo, which was the first...