At the maiden edition of the Women in Business Dialogue series organised by the Business and Financial Times and held in Accra, the Sector Head, SME & Retail Banking at Zenith Bank, Gloria Cabutey-Adodoadji, urged businesswomen to leverage on the golden opportunities of the African Continental Free Trade Area...
Stanbic Bank Ghana defied economic headwinds to achieve record-breaking financial results in 2023. The bank reported a profit after tax of GH1¢.3billion, representing a significant increase, and total income of GH¢3.3billion, representing a significant increase and the highest in its history. This impressive performance comes after a challenging 2022,...
Ecobank is strategically positioning itself to become the preferred financial partner for businesses engaged in international trade, particularly exports.
This focus was evident at a recent Ecobank Export Forum, where Abena Osei-Poku, Ecobank’s Managing Director, highlighted the export sector's critical role in the country’s economic well-being.
"The export sector has been...
Fresh data from the Bank of Ghana (BoG) shows banks still favour investments in government securities over and above extending credit to the private sector, meaning that businesses have access to less purchasing power in real terms.
Governor Ernest Addison, in a press briefing for the 117th Monetary Policy Committee...
The Ghana International Bank (GHIB), a wholly Ghanaian-born bank incorporated in the United Kingdom, has launched its 65th anniversary celebration at the Kempinski Hotel, Gold Coast City, in Accra.
Speaking at the launch, Chief Executive Officer of the Ghana International Bank, Dean Adansi, emphasised the importance of learning from the...
By Mansa NETTEY
The third month of every year, March has become a canvas on which the pertinent issues of women empowerment and inclusion are laid bare and deliberated upon. There’s a flurry of initiatives aimed at investing in women and inspiring inclusion whiles the achievements of those who have...
In a recent initiative to bolster economic resilience, Absa Bank Ghana has organized a seminar for its Business Banking clients focused on understanding and managing market risks effectively. The event, themed ‘Anticipate and Effectively Manage Market Risk’, aimed to provide insight into the current macroeconomic climate, highlighting potential market...
By Joshua Worlasi AMLANU & Ebenezer Chike Adjei NJOKU
[email protected] / [email protected]
Fresh analysis from Black Star Brokerage indicates that approximately GH¢16.2billion - $1.2 billion - could flow from banks to the Bank of Ghana (BoG) once the new Cash Reserve Requirement (CRR) policy becomes effective.
This would result in a tightening...
Strong capital
178% growth in PBT
Despite Ghana’s recent challenging macroeconomic conditions, FBNBank Ghana Limited posted significant growth in key variables in the 2023 financial year. The performance underscores the bank’s resolve to serve its clients by putting them first and support the economy through cutting-edge financial intermediation.
The...
The Board of Universal Merchant Bank (UMB) has welcomed the appointment of Dr. Joseph France as an Advisor to support the Bank in its recapitalization drive. Â
The Bank of Ghana announced Dr. France's appointment in a press release dated 28th March 2024.
As part of the post-DDEP recovery plan, all...
