GTBank Ghana, the Digital Bank of the Year, has swept five prestigious awards at the recently concluded CPI Financial’s Banker Africa–West Africa Banking Awards.
The awards came after an intensive voting exercise involving more than 13,000 votes across the banking industry in the West African region. This year’s awards saw...
First National Bank, a division of FirstRand group, (which is the largest financial institution in Africa by market capitalisation) has been adjudged The Most Innovative African Bank at the 2017 African FinTech Awards for the second year in a row.
The African FinTech Awards recognizes innovative and disruptive financial technology...
HFC Bank Ghana, a subsidiary of Republic Financial Holdings Limited, has signed a Memorandum of Understanding with the University of Ghana to provide support in the beautification and soft landscaping of the Recreational Quadrangle and J.B. Danquah Avenue of the university.
Giving a brief background to the partnership, Dr. Benjamin...
Parliament is expected to task the regulatory bodies in the financial sector – Bank of Ghana (BoG) and the Securities and Exchange Commission (SEC) – to not hesitate in dealing with recalcitrant players to maintain sanity and trust in the industry.
A source close to the Finance Committee of Parliament...
The Executive Director of Enterprise Life, Jacqueline Benyi, has said industry will have to invest in academia if the link between the two is to yield mutually beneficial results.
“We acknowledge the fact that universities and companies have different business models; however, we are very much aware that some investment...
The one hundred and forty-one rural and community banks in the country have almost the same operational ideologies with similar concepts offering identical products, but with different board composition and management.
The industry has made very significant financial impacts since its inception about forty years ago, and has brought financial...
The central bank says government’s inability to meet its projected revenue performance poses considerable danger to government’s fiscal consolidation efforts.
Revenue and grants performance for the first seven months of the year – GH¢20.8billion is more than GH¢3.2billion short of the GH¢24billion target for the period under review.
According to the...
The Controller and Accountant General’s Department (CAGD) has signed a Memorandum of Understanding (MoU) with the Ghana office of the world’s leading accountancy body – the Association of Chartered Certified Accountants (ACCA) – to train its staff on proper accountancy and finance procedures.
Speaking to the B&FT after the signing...
Melbond Microfinance, as it marks 10 years of operation, has assured stakeholders including shareholders, customers, staff, management and industry regulators, that its plan in the nearest future is to consolidate its market position as a microfinance company.
Kwabena Gyansah, Managing Director of Melbond Microfinance, speaking at a short ceremony to...
Although they are afraid to talk openly, officials of some SME-focused banks are restive about the GH¢400million stated capital increment for banks, saying it could hurt SMEs badly.
“Banks like us that want to do SMEs will now be forced to raise capital to do big-ticket or forced to merge,...