The global rating agency, Fitch Ratings, on 20 June 2023 affirmed the African Export-Import Bank’s (Afreximbank) Long-Term Issuer Default Rating (IDR) at ‘BBB’, with a Stable Outlook. Fitch also affirmed Afreximbank’s Short-Term Issuer Default Rating at ‘F2’ and the Long-Term ratings on the Bank’s Global Medium Term Note Programme...
Former finance minister Seth Terkper has called on government to be more candid in presenting figures in the budget which conflict with what is presented by multilateral institutions and international rating agencies, as the practice has implications for the economy on the international lending market.
His comments come on the...
A Fellow, Institute of Chartered Accountants Ghana (ICAG), Mr. Kofi AFFLU, wrote a very poignant opinion piece in today’s edition of the B&FT and began by admitting that Ghana is one of the countries in the World that has very high tax rates, something that very few people would...
Republic Bank (Ghana) PLC, has introduced an adoptive leave policy as part of its Employee Leave Policy. Adoptive Leave is granted to employees of an organization who for circumstances beyond their control choose to adopt a child.
Mr. Tetteh Mamah, the Head of Human Resources of Republic Bank Ghana, said...
Ghana Home Loans has transformed into a universal bank, to be known as GHL Bank, and is hoping to use its new deposit taking position to mobilise funds and be able to offer cheaper mortgages.
Albert Essien is the Board Chairman of the new bank, and at its launch, he...
The Chief Executive Officer of the Ghana Export – Import Bank (GEXIM), Lawrence Agyinsam, last week, hosted a team from the United States of America Embassy in Ghana led by the Commercial Counsellor, Dean Matlack.
The meeting was held at the head office of GEXIM in Accra, and afforded the...
President of the Chartered Institute of Bankers (CIB), Ghana Patricia Sappor, has said that a proper adherence to the Banking Code of Ethics and Business Conduct will go a long way to consolidate the gains realized after the financial sector cleanup and the subsequent confidence the public has reposed...
…competitive interest and up to GH¢300,000 personal loan
Republic Bank Ghana has launched its annual Christmas Loan Sale Campaign (CLC) for 2022. This year’s campaign dubbed ‘Now This IS Christmas’ features competitive rates, accessing personal loans of up to GH¢300,000 payable over a period of six (6) years, with...
Banks in the country have called for more consultations ahead of the Bank of Ghana’s (BoG) decision to implement the e-cedi currency. The electronic currency, among other reasons, is aimed at enhancing low transaction costs, improving security of payments, as well as ensuring higher monetary transaction limits.
Even though the...
...says reform plans remain on the table
Head of the Financial Service Division at the Ministry of Finance, Sampson Akligoh has stated that a reset of erstwhile development financial institutions - Agricultural Development Bank (ADB) and National Investment Bank (NIB) - would've been ‘too costly’ -financially and socially - in...