GCB Bank has donated 40 jumbo water storage tanks to the Ministry of Local Government and Rural Development for distribution to markets in Accra, Tema and other parts of the country.
The ministry will distribute the tanks among selected Metropolitan/Municipal/District Assemblies for allocation to the beneficiary market centres.
The Rambo 1000...
players say move to ensure sustainability of operations
but bankers’ association oppose move
Telecommunication networks and financial technology companies (fintechs) are exploring options to reintroduce fees on all mobile money transactions even though the Bank of Ghana’s directive of no charges on some transactions for at least three-months...
In an effort to cushion government’s effort to contain and manage the spread of the coronavirus pandemic in the country, Nsoatreman Rural Bank at Nsoatre in the Sunyani-West Municipality of Bono Region has offered a helping hand to six health facilities in its catchment area.
To enhance COVID-19 precautionary measures...
Dear Dr. Addison, please review the Business Rules and Sanctions for Microfinance Institutions
The call for a regulatory review is opportune in this COVID era, when market dislocations have called into question the structural resilience of the NBFI sector and its response to the widespread distress. As COVID-19 subsides and...
The Ghana Association of Bankers has described the decision by the Ghana Interbank Payments and Settlement System’s (GhIPPS) to end the waiving of fees it charged on services including Mobile Money Interoperability (MMI), GhIPSS Instant Pay (GIP) and ACH Direct Credit as unilateral and bad for the image of...
set to charge fees on Instant Pay, MoMo interoperability & ACH Direct
waivers affecting GhIPSS’ sustainability
fees charge takes effect from May 23
The Ghana Interbank Payment and Settlement Systems Limited (GhIPSS) has said it is unable to continue waiving the fees it charged on services including Mobile Money...
“The coronavirus is creating an additional sense of urgency for financial institutions that may have been on the fence about investing in digital mortgage technology before.”
-----Timothy J. Mayopoulos, President & Board Member of Blend
The novel coronavirus is expected to fundamentally change the way customers interact with their banks, retailers...
Kenyan and Ugandan currencies are likely to firm this week as Nigeria’s comes under pressure and Zambia and Tanzania’s hold steady.
KENYA
The Kenyan shilling is expected to strengthen due to inflows from the diaspora and an emergency International Monetary Fund (IMF) loan to support the economy against the impact...
Republic Bank Ghana, a subsidiary of Republic Financial Holdings Limited, has made a GH¢200,000 donation towards the construction of a 100-bed COVID-19 Infectious Disease Isolation and Treatment Centre as part of its support to several medical facilities spread across the country.
The COVID-19 Infectious Disease Isolation and Treatment Centre located...
GCB Bank Ltd. on Monday relocated its Madina branch to a new location just adjacent to the Madina Divisional Police Headquarters within the La Nkwantanang Municipal Area.
The new premises have been designed to provide comfort and convenience to GCB customers, and offers all the GCB products and services including G-Money.
During...