The Bank of Ghana is preparing directives to regulate unclaimed balances and provide consumer protection requirements for digital financial services and products, Governor of the Central Bank, Dr. Ernest Addison, has said. This means digital financial service providers would have a clear direction as to how to treat monies in locked on...
By Eliabeth PUNSU, Madina Directors of Manya Krobo Rural Bank PLC at Odumase in the Manya Krobo Municipality in the Eastern Region has reiterated the Bank’s commitment to ensure the best and most convenient banking to customers at all times. According to the Chairman of the Board of Directors, Patrick Amanor...
Henry Onwuzurigbo, Chief Executive Officer of Zenith Bank Ghana, has reiterated the bank’s commitment to ensuring that its customers are constantly provided with the newest digital banking solutions for easy banking. He stated that Zenith Mastercard Debit Card is one of the most robust payment cards in the Ghanaian and...
In the first edition of the Mobile Money Accounting series published on Wednesday, November 24, 2021 and titled ‘The Evolution of Mobile Money’, we sought to establish the genesis and progression of mobile money; its journey to market dominance in Ghana, and how the system works in terms of...
The number of start-ups qualifying as Unicorns (valued at over US$1bn) has grown significantly in the last year and a half. The exact percentage of unicorns growth in numbers since the beginning of last year comes to 162 percent, with 707 new unicorns emerging in that period. Up until the...
Ecobank, in partnership with selected Automobile Dealers and Allianz Insurance, has launched Ecobank Auto Finance, which is aimed at empowering Ghanaian workers acquire new and used vehicles. The offer comprises highly reduced interest rates on auto loans by Ecobank and significantly discounted vehicle prices from each of the automobile...
In 2013, the Bank of Ghana under Governor Wampah - in an attempt to address the intractable high lending rates problem - announced a formula to be used by banks as a guide for loan asset pricing. On Tuesday, July 2, 2013, all commercial banks started implementing this new formula...
I would mention GCB Bank PLC as my bank of choice and get raised eyebrows. “Ghana Commercial Bank? But Why?” I’d get asked. To me, the Indigenous boy who left and returned to the land as an Indigenous man with an Indigenous team working to impact the Indigenous trade...
On Thursday October 14, 2021, Women Executives from various sectors of the Ghanaian Economy, gathered together for a two-day conference to celebrate the 5th Anniversary of the Executive Women Network (EWN) at the Kempinski Gold Coast City Hotel. At the event, the Board Chairperson of Zenith Bank Ghana, Mrs. Freda...
Absa’s leading role in sustainable financing supports moves toward zero emissions as the Group makes significant strides in meeting renewable energy loan targets Absa Group, Africa’s largest funder of renewables, announced today its long-term ambition to reach Net Zero state by 2050 for scope 1, 2 and 3 emissions. Supporting...