A new initiative offering affordable financing and tailored business support to Ghanaian entrepreneurs has been launched. The Follow-On Finance Initiative seeks to provide growth-ready businesses with the resources needed to expand operations, create jobs, and generate income opportunities, building on the successes of the WIDU.africa project. This initiative is a...
The Standard Bank Group has signed an agreement with the International Finance Corporation (IFC) to expand local currency lending and accelerate development projects across Africa. Through the agreement, Standard Bank and IFC will collaborate on cross-currency swaps and derivatives, as well as benefit from each other’s market expertise to boost...
United Bank for Africa, Ghana has been recognized as the Socially Responsible Bank of the Year at the 2024 Ghana Accountancy and Financial Awards. This prestigious award celebrates the bank’s commitment to corporate social responsibility (CSR) and its impactful contributions to education, inclusion and sustainability. Among UBA Ghana’s standout initiatives is...
The Chief Executive of First National Bank Ghana, Warren Adams, has called for businesses to prioritize nurturing more robust internal ethics and principles in the fight against fraud. Speaking at First National Bank’s annual Business Breakfast meeting organized as part of activities to mark Fraud Week Mr. Adams highlighted that...
Older Millennials are fast approaching the big 50. Yes, the earliest of the ‘80s babies’ are not far from becoming grandparents, as such they find themselves pondering a question that becomes increasingly pressing with each passing year: "How much do I need to save for my retirement?" It is...
Dr. David Animante, Chief Risk Officer of Fidelity Bank Ghana, delivered powerful insights on the importance of enterprise risk management and the evolving role of banks in a digital world at the 28th National Banking and Ethics Conference, organized by the Chartered Institute of Bankers Ghana. Speaking on a panel...
bags GH¢6.73million profit pays GH¢0.027 as dividend Francis Agyei – Bekoe, (left) CEO and the Board Chairman, Fred Asafu - Adjaye in hearty chat during the meeting Bosomtwe Rural Bank Plc at Kuntanase in the Bosomtwe District of Ashanti Region has recorded impressive growth in all financial indicators in the...
…An indigenous bank’s transformation signals a new era in Banking In an exclusive interview with Business & Financial Times (B&FT), CalBank’s Managing Director, Carl Selasi Asem (CSA), outlined an ambitious trajectory for one of Ghana’s leading indigenous banks. His vision exemplifies how homegrown institutions can navigate global economic turbulence and...
South Akim Rural Bank PLC is one of the leading rural banks in the Eastern Region of Ghana. Established in 1984, the bank has over the years driven an agenda of financial inclusion through its microfinance scheme. Under the scheme, two products have been designed to provide financial support to...
With an ever-growing customer acceptance and efficient customer service delivery in rural banking services, Mumuadu Rural Bank PLC (MRB) has gained an enviable reputation as one of the most efficient providers of banking services in its catchment area. The bank was established in 1982 at Osino in the Fanteakwa...