By Kizito CUDJOE A Kenyan economist and Executive Director of the African Forum and Network on Debt and Development (AFRODAD), Jason Rosario, has called for urgent reforms to the global financial and economic architecture. His call comes on the back of growing economic challenges facing several African countries amid concerns for...
By Seth KRAMPAH & Joseph AKOSSEY On Monday, May 27 we discussed how good leadership has improved the fortunes of some rural banks Specifically, we examined three CEOs who have positively and remarkably improved the performance of their respective banks thereby creating superior value for key stakeholder. The part three will consider...
...highest in the rural banking industry By Seth KRAMPAH, Wasa Akropong Amenfiman Rural Bank PLC, Ghana’s foremost rural bank with its head office located at Wasa Akropong, in the Wasa Amenfi East Municipality in the Western Region, has recorded a total deposit of a little over GH₵ 1 billion as...
By Harold Kwabena FEARON In the not-so-distant past, banking often meant enduring long queues, paperwork, and rigid operating hours just to perform basic transactions like transferring money or checking balances. Today, however, the digital revolution has fundamentally reshaped our relationship with banking. Armed with nothing more than a connected smartphone or...
Dr. Kweku Arthur-Annobil, Business Strategy Manager of Business and Commercial Banking at Stanbic Bank Ghana, has urged Ghanaian banks to find innovative ways to support women-led businesses, especially in the face of current economic challenges. Dr. Arthur-Annobil said this during a multi-stakeholder engagement on enabling resilient women-led businesses in Ghana. Speaking...
The 2024 Mid-Year Budget Review, presented by Dr. Mohammed Amin Adam, MP, Minister for Finance, showcases Ghana's commitment to fostering economic growth through innovation and digital transformation. Among the sectors poised to benefit significantly are Financial Technology (FinTech), TechFin, and other technology services providers. This feature article explores how the...
Access Bank (Ghana) Plc has been adjudged Ghana’s Best Bank in Environmental, Social, and Governance (ESG) at the 2024 Euromoney Banking Awards for Excellence held in London, UK. The recognition underscores the bank’s commitment to environmental stewardship, social responsibility, governance excellence, and a dedication to diversity and inclusion. The “Best Bank...
The Bank of Africa (BOA)-Ghana, in partnership with the International Finance Corporation (IFC), a member of the World Bank Group, focused on the private sector in emerging markets, has launched an innovative project to train about 1000 Small and Medium-sized Enterprises (SMEs) across Ghana, with a special focus on...
By Joshua Worlasi AMLANU & Ebenezer Chike Adjei NJOKU The stock market’s rally is expected to maintain its momentum through the end of 2024, with Databank, a leading brokerage firm, significantly revising its initial projections. The Ghana Stock Exchange Composite Index (GSE-CI) - primary measure of the equities market’s performance...
with GH¢2.8bn Qwikloan disbursements sets sights on further expansion with 3Q24 GH¢100m bond issuance Letshego, a financial services provider specialising in micro loans, has announced strong financial results for the first half of 2024, demonstrating resilience in the face of challenging macroeconomic conditions. The company reported a 223 percent increase...