By Ebenezer Chike Adjei NJOKU Fidelity Bank is aggressively integrating environmental considerations into its core business strategy, Managing Director Julian Opuni has stated. The bank has implemented a comprehensive Environmental and Social Risk Assessment (ESRA) process for all loans, ensuring climate risks are factored into lending decisions. "We understand that our business...
The role of interest rates in shaping economic landscapes is deeply rooted in history. It has been influenced by evolving monetary policies, cultural beliefs, and responses to financial crises. By tracing this historical evolution, we can better understand the current role of rates and anticipate how they might adapt...
Standard Chartered Bank employees are making a difference in the lives of underprivileged young girls in Ghana through their participation in the Akua Kuenyehia Foundation's Empower Her Camp. This year the bank's women's network joined the week-long bootcamp, providing financial literacy and mentorship sessions to participating girls. Empower Her Camp is...
By Juliet ETEFE FirstBank Ghana has commited over GHȼ200,000 for donations, infrastructure, supporting education, an orphanage and treatments for children with cancer. In line with its 2024 corporate responsibility and sustainability week, the bank donated GHȼ25,000 to Village of Hope Orphanage, GHȼ30,000 to Lifeline for Childhood Cancer Foundation, GHȼ50,000 to...
Access Bank (Ghana) Plc is celebrating 15 years of innovative banking in Ghana. The anniversary celebrations which will span the next 12 months are indicative of the Bank’s journey of growth, innovation, and commitment to excellence in the Ghanaian banking sector. Over the past 15 years, Access Bank (Ghana) Plc...
As numerous foreign banks either exit or plan to exit various African markets as part of their de-risking strategies, Ghana International Bank (GHIB), has chosen a rather different approach to risk management in its sub-Saharan operations. GHIB’s de-risking strategy for Africa is to train and upscale the capacities of correspondent...
Realising your insatiability is the first step towards curbing your insatiability. And the 18th century philosopher, Denis Diderot, he found this out the hard way. Diderot, having suffered financial droughts for a period, finally came by some good money. And what does he do? He commits the seemingly innocent...
Economists at Standard Bank, the parent company of Stanbic Bank Ghana, have reported notable improvements in Ghana’s balance of trade. In the June 2024 Flashnote of the Africa Markets Revealed (AMR) report, Standard Bank reported that the country’s trade balance reached a surplus of USD 1.81 billion in June 2024, up...
Standard Bank has mobilized sustainable finance of over US$3 billion this year to advance green and renewable energy initiatives across Africa, thereby driving sustainable growth and energy independence throughout the continent. This was disclosed by Sydney Nii Ayitey Tetteh - Executive Vice President, Energy & Infrastructure, Client Coverage, Corporate and...
By Evelyn ARTHUR, Tema The North Tema Cooperative Credit Union Ltd., in the Tema Metropolitan Area  (TMA) of Greater Accra Region, has recorded an impressive performance in most of its financial indicators for the year 2023. It ended the year with a 28.85 percent increase in profit. The union also recorded...