The Bank of Ghana (BoG) has announced that it is implementing proactive measures to strengthen its foreign reserves in response to the cedi's ongoing depreciation against major currencies. As this festive season approaches, the central cank is preparing for an anticipated increase in foreign exchange demand. Currently, the cedi is...
bags GH¢24.7million profit offers shareholders 30% returns on investment as dividend By Seth KRAMPAH, Pakyi No2 Atwima Kwanwoma Rural Bank PLC at Pakyi No2 in the Amansie Central District   of Ashanti Region has recorded yet another remarkable operational performance in the 2023 year under review. Profit & Dividend In the Bank’s recognition...
By Enoch k. AKUFFU-DJOBI  In Ghana’s evolving financial landscape, banking leaders, presently, face a daunting challenge: managing the ever-increasing pressure on U.S. dollars by their clientele amid economic uncertainty. As the nation grapples with high demand for dollars driven by import needs, inflation, and currency depreciation, the role of resilient...
The Ghana Export – Import Bank (GEXIM) is deepening its collaboration with the Ministry of Foreign Affairs and Regional Integration to champion the Government of Ghana’s industrialization agenda by promoting and creating market access for Made-In-Ghana products and services globally. Deputy Chief Executive Officer of GEXIM, responsible for Banking, Ms....
The Ghana Export – Import Bank (GEXIM) has made a significant contribution to the successful execution of this year’s National Farmers Day Celebration scheduled to take place in Accra on Friday, November 8, 2024. The bank donated a LS Tractor and its accessories worth GH¢746,150.00 to the Ministry of Food...
As the world celebrated Customer Service Week 2024, Fidelity Bank Ghana went Above and Beyond by extending the celebration beyond just a week. The bank has dedicated the entire month of October to recognizing, appreciating, and rewarding its valued customers, reaffirming its commitment to exceptional service and customer satisfaction. Pinktober breast...
Issue of GH¢100 million in aggregate, via a dual offer 3-year fixed rate notes due 2027 5-year floating rate notes due 2029 Letshego Ghana Savings and Loans Plc has successfully listed its GH¢100million Senior Unsecured Dual Bond Offer on the Ghana Fixed Income Market, marking its second...
UBA Ghana has announced the third quarter performance showing significant growth across key financial metrics. The bank reported a 19.57% year-on-year increase in Profit Before Tax from GHȼ355m in Q3 2023 to GHȼ424m in Q3 2024. This growth is largely attributed to prudent risk management practices which enabled the bank to...
Stanbic Bank Ghana has unveilled its new Youth Banking Proposition, an innovative solution tailored to meet the unique financial needs of young Ghanaians. It marks a major milestone in the bank’s commitment to advancing financial inclusion and empowering the country’s youth for financial independence. Speaking at the launch event in Accra,...
The Bank of Ghana (BoG) has assured that it is implementing proactive measures to strengthen its foreign reserves in response to the ongoing depreciation of the cedi against major currencies. With the festive season approaching, the Central Bank is preparing for an anticipated increase in foreign exchange demand, a strategic...