ADB has confirmed that it indeed received letters from Belstar Capital Limited, EDC Limited and Starmount Investment Limited pledging their various shares in the Agricultural Development Bank Limited to Unibank.
A press release issued by the bank Wednesday stated that: “It is the opinion of ADB that, a pledge does...
In an unexpected move that could be the beginning of a restructuring of the local banking space, a consortium of financial institutions that control majority shares in agric-focused bank, Agricultural Development Bank (ADB), have pledged their shares, proceeds, entitlement and voting rights to uniBank, a leading local bank.
The consortium,...
Barclays Bank Ghana has stated that its decision to rebrand to Absa will not lead to any job-cuts, and that the bank by its new image will be more focused on entrenching its position on the local scene and work toward doubling its footprints in the country.
Speaking in a...
The Chief Executive Officer of Ghana Interbank Payment and Settlement Systems (GhIPSS) Archie Hesse, has called on the public to resort to more electronic forms of payment in order to reduce their exposure to being attacked by armed robbers.
His advice comes in the wake of reports of armed robbery...
Consumer finance firm afb Ghana, has launched an Education solution to support players in the educational sector of the country.
The new solution was launched in collaboration with the Ghana National Association of Private Schools (GNAPS), during its education week celebrations in Accra.
The solution, designed to address the respective needs...
Do not get me wrong. I have no qualms against foreign participation in any sector of the economy. But one logic I agree with wholeheartedly is no country has seen sustained growth and development with foreigners at the helm or in charge of any sector - be it banking,...
BEIGE Care, a subsidiary of BEIGE - a Financial Services Provider with business interests in Banking, Pensions, Insurance and Investments - has launched a private health insurance product called ‘Hewale’.
Managing Director of BEIGE Care, David Osae-Akoto, speaking at the launch in Accra said: “We thought it wise to extend...
There seems to some way out of the recent spate of robberies apparently fueled by the presence of cash according to Alhassan Andani, CE of Stanbic Bank Ghana who says going cash lite may be a way out of the difficulty.
According to the President of the Ghana Association of...
Stanbic bank has engaged 65 key stakeholders at a breakfast meeting dubbed ‘Achiever Series’ in Accra.
The quarterly breakfast meeting is aimed at bringing together captains of industry to dialogue on the bank’s relationship, their products and how to improve systems and services offered their employees.
Manager of the Achiever and...
Setor Quashigah, Executive Director, in Charge of Wealth Management at Standard Chartered(Stanchart) Bank has urged the public to take advantage of the numerous high interest yielding products offered by the bank rather than seek such investment opportunities abroad.
According to her, the investment products offered by the bank compares favourably...