HFC Bank Ghana, a subsidiary of Republic Financial Holdings Limited, has been recognized as the Best Pension Custodian Bank at the Ghana Accountancy & Finance Awards. The Award is in recognition of the Bank’s enormous contributions in the Custody Services including Trade Settlements, investments collections, cash collection services, detailed valuation...
The President of Group Ideal, Nii Kotei Dzani, has said chiefs and politicians should not be encouraged to meddle in the administrative affairs of Rural and Community Banks in the country. According to him, such interferences affect the sector’s effectiveness and efficiency of operations, and hinders growth of the...
Government is to set up a new national development bank to “mobilise private capital toward agricultural and industrial transformation”, Finance Minister Ken Ofori-Atta revealed in the 2018 Budget and Economic Policy of Government presented to Parliament yesterday.  “To achieve an efficient financial sector with innovative and long-term financing instruments to...
The Babacar Ndiaye Lecture Series, an international series introduced by the African Export-Import Bank (Afreximbank), debuted in Washington D.C. recently with Nobel Laureate Joseph Stiglitz asking that African countries to adopt a coordinated strategy that encompasses the agriculture, manufacturing, mining, and service sectors in order to attain the same...
The latest figures from the Bank of Ghana shows that banks’ base rates have dropped by 0.3 percent, bringing the year-to-date drop to 1.9 percent. The monthly Annual Percentage Rates (APR) of interest charged on loans and credit advances and the Average Interest (AI) paid on deposits by banks show...
HFC Bank Ghana, a subsidiary of Republic Financial Holdings Limited has been recognized as the Best Pension Custodian Bank at the Ghana Accountancy & Finance Awards. The Award is in recognition of the Bank’s enormous contributions in the Custody Services including Trade Settlements, investments collections, cash collection services, detailed valuation...
Ecobank Ghana has for the fourth time won a prestigious banking award in this year. The bank emerged Best Bank in the Financial Services Sector (Banking) at the just-ended 6th AGI awards, which were held at the Banquet Hall of the State House. With this, Ecobank has swept all the...
In my recent article titled: “Is the Energy Sector Levies considered as a bailout of Banks in Ghana?” I examined the financial health and soundness of 12 Banks that are creditors to the Energy Sector State-owned enterprises (SOEs) and the Bulk Oil Distribution Companies (BDCs). These 12 Banks are...
The Managing Director of GCB Bank, Mr. Anselm Ray Sowah, said that the quality of Customer Service in the bank will see a major turnaround by the middle of next year. “I want to see a new GCB delivering a totally different quality of service, a very efficient and exciting...
The Managing Director of GCB Bank, Mr. Anselm Ray Sowah, said that the quality of Customer Service in the bank will see a major turnaround by the middle of next year. “I want to see a new GCB delivering a totally different quality of service, a very efficient and exciting...