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...
Guaranty Trust Bank (Ghana) Limited has appointed Mr. Thomas Attah John as its new Managing Director effective Friday, March 16, 2018, following Bank of Ghana approval. He replaces Mr. Lekan Sanusi who takes up a new position as Managing Director of Guaranty Trust Bank Uganda Limited. Mr. Thomas Attah John, an...
The decision by the Bank of Ghana (BoG) to put Unibank under administration has been hailed by chairman of the Finance Committee, Dr. Mark Assibey-Yeboah - who maintained that it will go a long way to sanitise the banking sector. “It is the proper thing for the BoG to do,...
McOttley Capital, an investment management arm of McOttley Holdings, has assured Ghanaians and its cherished clients of bright future. A statement from the company said the operations of McOttley Capital remains stable, adding that, it shall continue to offer exciting tailored-made products and services to its clients, guided by its...
Successful acquisition concluded by Letshego Group in January 2017 Profit after tax increased by 166% year-on-year Loan book increased by 75% Qwikloans launched in second half of 2017, in partnership with MTN Ghana Afb Ghana bonds - investment grade rating of Company Medium Term Notes affirmed at BBB+(GH) afb...
The Ranking Member of Parliament’s Finance Committee, Cassiel Ato Forson, has advised the Bank of Ghana (BoG) and government to ensure that it does not cede the financial sector to foreigners. “Government should make sure that going forward they don’t end up ceding the financial sector to foreigners because the...
Guaranty Trust Bank (Ghana) Limited has for the second consecutive year won the coveted “Best Digital Banking – Ghana 2018” award by Capital Finance International (cfi), United Kingdom, the publisher of the reputable cfi.co, a business, economics and finance magazine. The award is an endorsement of the Bank’s strength...
Banks must forge a common front rather than see themselves as competitors when it comes to the issue of combatting cybercrime, Mrs. Mansa Nettey-Chief Executive Officer (CEO) Standard Chartered Bank, has said. Speaking at the bank’s first-ever forum on digital banking and cybersecurity in Accra, Mrs. Nettey said cybersecurity is...
Stanbic Bank Ghana will host international Tax Expert, Kristin Konschnik, at the first session of the 2018 Wealth and Investment Seminar Series on Monday, 26th March 2018, at The Kempinski Hotel Gold Coast City, Accra. The seminar is expected to bring to bear the Bank’s expertise and capabilities on the...
The Governor of the Bank of Ghana, Dr. Ernest Addison has disclosed that, banks in Ghana will soon be required to publish bank-specific cyber security policies. Publication of the bank-specific cyber security policies according to the central bank's governor, is in line with provisions in the Payment Systems and Services...