After five years of dedicated and growth-oriented service to Universal Merchant Bank (UMB), Mr. Benjamin Amenumey has completed his tenure as UMB’s CEO - making way for the appointment of Nana Dwemoh Benneh as the bank’s new Chief Executive Officer, following approval from the central bank. In a statement issued...
Rosie Glazebrook, CEO of the Commonwealth Enterprise and Investment Council (CWEIC), has noted that Micro, Small and Medium Enterprises (MSME’s) are key to the development of many economies in the Commonwealth. This, in her view, underscored the CWEIC strategy to work with partners in key CommonWealth markets to foster...
The Agricultural Development Bank Limited (ADB) has been adjudged Best Bank for the Year 2020 at the maiden edition of the National Business Honours Awards night held at the Labadi Beach Hotel. In addition, the Bank’s Managing Director, Dr. John Kofi Mensah, was named the National Business Hero in Banking...
HFC Bank, a subsidiary of Republic Financial Holdings Limited has returned a profit of GH₵36,923,000 posted for the year ended 2017. This was included in the unaudited financials signed by the Board Chairman, Mr. Charles Zwennes and the Managing Director, Anthony Jordan. Over the last three years, HFC Bank Ghana...
Fidelity Bank and VIAMO are partnering to bring financial innovation to the Ashanti and Western regions of Ghana. The United Nations Capital Development Fund (UNCDF) has announced that it has entered into an agreement with Fidelity Bank Ghana, a leading commercial bank headquartered in Ghana engaged in financial inclusion and...
The General Secretary of the Industrial and Commercial Union (ICU-Ghana), Mr. Morgan Ayawine, has urged members of Absa Bank Ghana Limited ICU Local Union to collaborate with management of the bank to increase productivity and maximise returns for the sustainability of the bank that will benefit the workers. “I, therefore,...
Absa Bank Ghana has reiterated the need to increase investment in for startups, particularly fintechs operating in the Small and Medium Enterprises (SME) sector. The bank is targeting about 5,000 SMEs in the next 5 years to build their capacity to make them global giants. This is expected to create about...
Young people have been advised to be intentional about their growth in making the right career choices. According to experts, young people should consider current and future employment opportunities available when making a career choice. These were some of the key highlights shared by a two-member panel of human resource...
Ecobank Ghana has celebrated its annual Ecobank Day, which was themed ‘Leave No One Behind! Financial Inclusion for All’. Ecobank Day is a Pan-African initiative supported by the Ecobank Foundation, whereby the company and its staff give back to society. This year's celebration concentrated on promoting financial inclusion and financial...
The African Export-Import Bank (Afreximbank), Africa’s foremost multilateral trade finance institution, has approved a $400-million revolving global credit facility agreement for the Export Trading Group (ETG). ETG is one of the largest and fastest-growing integrated agricultural conglomerates in Africa. The agreement will enable ETG to keep playing its vital role...