Ecobank Ghana, part of the leading pan-African banking Group, Ecobank, has been named Ghana’s ‘Best Trade Finance Provider 2023’. Ecobank Ghana beat a host of other banks to win the prestigious award during the Global Finance magazine’s World’s Best Trade Finance and Supply Chain Finance 2023 Awards, held during...
Dear Dr. Addison, please review the Business Rules and Sanctions for Microfinance Institutions
The call for a regulatory review is opportune in this COVID era, when market dislocations have called into question the structural resilience of the NBFI sector and its response to the widespread distress. As COVID-19 subsides and...
Fidelity Bank Ghana, the nation’s largest privately-owned bank, has been recognised for its outstanding contributions to agricultural lending in Ghana - receiving two prestigious awards from the Ghana Incentive-based Risk Sharing System for Agricultural Lending Project (GIRSAL). The bank was named the Most Responsive Partner Financial Institution of the...
United Bank for Africa (UBA) Ghana has officially opened its latest branch to serve customers and the banking public throughout Ashaiman and its environs. The opening ceremony was held on Wednesday 30th November 2022.
Speaking at the official opening, Managing Director of UBA Ghana Chris Ofikulu said: “Our customers and...
The African Development Bank has approved a line of credit of €70million and an equity investment of US$24million to be granted the West African Development Bank.
The line of credit will support businesses in the West African Economic and Monetary Union - particularly in job-creating sectors such as agribusiness, renewable...
Embarks on strategic interventions for banking excellence
Records 482% growth in profit
The ARB Apex Bank Limited - a mini-central bank that offers support services to the rural and community banks in Ghana - has recorded an impressive operational performance in the 2020 year under review.
Operational Performance
The bank, notwithstanding...
With barely nine months to the stated capital deadline for banks, the Energy Commercial Bank could offload up to 50percent of its by May and raise almost GH¢400million on the bourse.
Setting a target of May to launch its Initial Public Offering (IPO), the bank, which has a stated capital...
Bank of Africa in partnership with CFAO Ghana Limited in June this year launched a Vehicle Financing Facility. The idea of the Vehicle Finance partnership is to bring convenience to both corporate and individual customers of both the Bank and CFAO who would want to purchase brand-new cars from...
In response to robust demand in the market for Bayport Savings and Loan's latest bond issuance, the company is set to return to the market later this month for another round of capital raising.
Akwasi Aboagye, Managing Director-Bayport Ghana, made this announcement while noting that additional details will be shared...
The business of banking is increasingly changing. With modern technology, mixed with the dynamism of customer needs and the changing economic landscape, the industry is undergoing a different kind of transformation.
Clients and customers are increasingly clamouring for convenient banking – banking away from branches or physical interaction to a...