The Ghana Interbank Payments and Settlement Systems (GhIPSS) has said its platform that would ensure cross-network mobile money transactions would be ready by end of February and could be launched in March.
GhIPSS had already missed a November 2017 deadline to deliver the platform, which will allow mobile money users...
Barclays Bank has posted a strong financial performance in the 2017 financial year results - raking in over GH¢550million of profit before tax - the first time the bank has been able to break the half a billion cedis profitability ceiling.
The bank, which will soon rebrand to Absa following...
GHL Bank, formerly Ghana Home Loans Limited, has introduced its new flagship ‘Save-to-Own’ mortgage product to the local market.
The product, which is uniquely designed to enable applicants acquire a personal home, will also demonstrate the prospective homeowner’s commitment and ability to make scheduled payments to service a mortgage.
GHL Bank,...
The bullish run experienced by the equities market in 2017 is set to continue unabated in 2018, according to analysis by Databank Research, based on its projections of a more stable cedi and a further decline in inflation and interest rates.
“The sharp decline of yields in the fixed income...
GCB Bank’s efforts to provide convenient, accessible and comfortable banking services has added on to the number of branches engaged in Saturday banking services in the country.
This brings to 28 the number of branches currently offering Saturday banking business in eight regions of the country compared to the previous...
Government intends to use its revenue and expenditure measures in the 2018 budget to continue to stabilise the economy, offer reliefs to make the private sector competitive and create more employment.
But without the needed revenues, these objectives will not be realised. Funding for most of government’s developmental projects is...
The Governor of the Bank of Ghana, Dr. Ernest Addison has disclosed that, banks in Ghana will soon be required to publish bank-specific cyber security policies.
Publication of the bank-specific cyber security policies according to the central bank's governor, is in line with provisions in the Payment Systems and Services...
2017’s GITTA “Digital Bank of the Year” award winner, Guaranty Trust Bank (Ghana) Limited has concluded the full integration of Ria Money Transfer’s Direct to Bank Account service, which allows senders to have funds directly credited to beneficiaries of GTBank accounts in as little as 15 minutes.
The service also...
Ghana’s leading mortgage provider, GHL Bank (formerly Ghana Home Loans) has signed a Memorandum of Understanding with Regimanuel Gray Limited to collaborate in the delivery of homes and serviced plots to alleviate the acute housing situation in the country.
The signing ceremony took place at the offices of Regimanuel Gray...
The Akuapem Rural Bank Limited at Manfe in the Akuapem North District of Eastern Region has inaugurated Madina branch at a brief but colourful ceremony at Madina in Accra.
The inauguration of the Madina Branch brings to six the number of branches and mobilization centres currently being operated by the...