The Managing Director of the Agricultural Development Bank (ADB), Dr. John Kofi Mensah has emerged as the most visible Chief Executive Officer (CEO) in the Ghanaian Banking Industry according to the Institute of Brands Narrative Analysis (IBNA) Media Analysis 2020 survey report.
According to the report in the year 2020,...
Bankers want deeper stakeholder engagement for possible directives
Bankers have suggested that any discussion on possible introduction of limits on over-the-counter cash withdrawals must have a deeper engagement with the central bank and banks’ customers to build consensus on rationale and the quantum limit.
The Association of Banks believe that...
HFC Bank, a subsidiary of Republic Financial Holdings Limited has returned a profit of GH₵36,923,000 posted for the year ended 2017. This was included in the unaudited financials signed by the Board Chairman, Mr. Charles Zwennes and the Managing Director, Anthony Jordan.
Over the last three years, HFC Bank Ghana...
As much as GH¢6billion could be drained from the banking system following the Bank of Ghana’s decision to hike the capital reserve requirement (CRR) for banks the second time this year, Senior Economist with Databank, Courage Kingsley Martey, has suggested.
The BoG, at the conclusion of an emergency conclave of...
Absa Bank Ghana has partnered the University of Ghana Career and Counselling Centre (UGCCC) to provide online learnings for all their final year undergraduate students through the bank’s ReadyToWork e-learning programme.
The partnership which is in line with Absa Bank Ghana’s Education and Skills Development programme under its Force for...
Development Bank Ghana has commemorated its first anniversary with a thanksgiving service and a call on its partners and staff to continue to work together for greater success after its foundation-building first year.
The non-denominational service which was held last Friday, 11 November 2022, marked exactly one year since the...
Digital currencies and assets taking different forms and not being controlled by any mandated global body or institutions is creating a continuous dilemma for establishing a regulatory regime for monitoring cryptocurrencies, Head of Financial Technology (Fintech) and Innovation at the Bank of Ghana (BoG), Mr. Kwame Oppong, has said.
Mr....
2020 will be remembered for many terms which elicit images of post-apocalyptic doom and gloom – COVID, pandemic, lockdown, facemasks and quarantine, with the only seemingly positives being ‘Zoom’ and ‘Microsoft Teams’.
‘Digitisation’, ‘automation’, ‘remote-work’ have been around for the better part of the 21st century but these terms gained...
In line with efforts to ensure access to affordability and sustainability - as per the United Nations Sustainable Development Goal 7 - CalBank, Agence Française de Développement (AFD), SUNREF, European Union (EU) and Energy Commission have launched energy-efficient motorbikes assembled by Solar Taxi under the SUNREF programme.
In an interview...
The Board of Directors of African Export-Import Bank (Afreximbank) has approved the launch of the Ukraine Crisis Adjustment Trade Financing Programme for Africa (UKAFPA).
This is a programme of credit facilities that the bank has developed to manage the impacts of the Ukraine crisis on African economies and businesses which...