UniBank has secured over GH¢600million of fresh capital injection to position itself as one of the earliest banks to meet the central bank's increased stated capital requirement, a source close to the deal has told B&FT. In a move that is expected to repose some much-needed confidence in local banks,...
FBNBank Ghana has rewarded ten customers in the second mini draw of its Save and Win promotion. The lucky customers took home smart mobile phones, phone accessories, GH¢100 worth of airtime, and a music beat box. Some of the winners are Mireku Koranteng of the Adum branch in Kumasi, Rev. Ampah...
FBNBank Ghana has rewarded ten customers in the second mini draw of its Save and Win promotion. The lucky customers took home smart mobile phones, phone accessories, GH¢100 worth of airtime, and a music beat box. Some of the winners are Mireku Koranteng of the Adum branch in Kumasi, Rev. Ampah...
IFC, a member of the World Bank Group, and the Mastercard Foundation has  published an ethnographic study on the perceptions and attitudes to digital financial services in Sub-Saharan Africa. The study will increase financial inclusion by helping financial services providers better understand the user of African digital financial services...
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...
All is set for this year’s UMB Bank Accra Open golf stroke play competition, officials of the Bank and host Club, Achimota Golf Club have said. The four-day golf event (72 Hole), the biggest on the capital’s calendar forms part of UMB 45th anniversary year-long celebration. Achimota Golf Club captain Mr...
Fidelity Bank has rewarded five more lucky customers in the Fidelity 10x Richer Promo held in Tamale during the 4th draw of the promo. A total of GH¢25,000 was given out to five customers as they each had their coupon balance multiplied by 10 according to the dynamics of...
Ghana sold 5.29 billion cedis ($1.16 bln) worth of long-term bonds last week Thursday, dominated by re-openings of previous bond issues by the major commodity exporter to help restructure its high public debt, lead arrangers said. Ghana is grappling with budget deficits, inflation and a volatile local currency, all of...
  Outspoken financial analyst Kenneth Thompson is predicting scarcity of cash in the economy next year, despite the optimistic tone of government in the 2018 budget. Alluding to the budget’s allocation of more than 80 percent of revenue to the payment of salaries and interest on loans, Mr. Thompson noted that...
In a move to drive its growing customers to its efficient and convenient digital platforms, the leadership and staff of Ecobank spent a day with business leaders, workers and customers at the nation’s biggest spare parts market, Abossey Okai. As it embarks on an aggressive campaign to promote a cash-lite...