Banks and Financial Institutions urged to innovate or face disruption
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Inlaks, a leading system integrator in Sub-Saharan Africa, has partnered Temenos, a global banking software specialist, and HID,...
Indigenous banks are in for a tough time as analysis conducted on their latest financial results indicates that they need to raise as much as GH¢4billion to meet the central bank’s GH¢400 million minimum capital requirement.
Out of the 16 Ghanaian-owned banks analysed by financial analyst and credit consultant Emmanuel...
A total of 19 students from the La municipality in Accra, have been awarded educational scholarships worth GHC 32,000 by the La Community Bank and La Mansaamo Kpee Scholarship Scheme (LCB/LMK).
The students, made up of fifteen persons in tertiary institutions and four senior high school were awarded the scholarship...
A total of 19 students from the La municipality in Accra, have been awarded educational scholarships worth GHC 32,000 by the La Community Bank and La Mansaamo Kpee Scholarship Scheme (LCB/LMK).
The students, made up of fifteen persons in tertiary institutions and four senior high school were awarded the scholarship...
The ARB Apex Bank has appointed Maximus Attah as the Corporate Communications Manager. Maximus Attah is a results-oriented strategic marketing and communications specialist, banking professional and adjunct university lecturer with over 16 years of experience.
Prior to joining the ARB Apex Bank, he worked with the Agricultural Development Bank (ADB)...
Commercial banks and other deposit taking institutions face ad hoc inspections by the Ghana Deposit Protection Corporation under the amended Ghana Deposit Protection (Amendment) Law, 2018.
The stringent supervisory function is imperative to provide protection for mainly small depositors in the case of institutional failure, especially unsophisticated depositors who have...
Zeepay, the fastest growing mobile financial services company in Africa, offering mobile money services, cross border remittances and mobile payments in partnership with United Nations Capital Development Fund (UNCDF), International Organisation for Migration (IOM), and Premium Bank have received a grant from the Swiss Government to improve mobile remittance...
Six-year study with 47,000 households demonstrates how housing microfinance can be win-win for poor people and financial institutions
A new study from Habitat for Humanity says that housing microfinance can and should become a mainstream offering for financial institutions in Sub-Saharan Africa as they respond to growing housing needs in...
As banks race against time to meet the central bank’s December 31 minimum capital requirement deadline, they are projected to require a total GH¢13billion of fresh capital - a task indigenous banks in particular say is too daunting.
In a paper titled ‘Banks’ Readiness Assessment to meet the 2018 minimum...
Chief Executive Officer of Donewell Insurance Company Limited, Seth Aklasi, has stated that the company has exceeded the National Insurance Commission's minimum capital requirement of GHS 15 million.
According to him, the company has so far made GHS 23 million. He said Donewell is fully capitalized and has a clear...