In the ever-evolving landscape of the financial industry, banks around the world are embracing cutting-edge technologies to enhance customer experience and meet the diverse needs of their clients. Creditably, banks in Ghana are welcoming this transformation. At the forefront of this digital transformation is Artificial Intelligence (AI), a revolutionary...
Within the dynamic landscape of finance, where countless prospects arise at every juncture, one instrument stands out for its appeal and efficiency - Commercial Paper (or CP) notes. In Ghana, CP is a relatively uncommon financial instrument, although it has been growing in popularity over recent years. This development can...
Equity investments represent ownership stakes in an entity, entitling investors to a share in profits and losses of the investment. For instance, an individual who co-owns a business with other partners - such as a doctor, lawyer or architect - is an equity investor in the business entity. Similarly,...
The Ghana Stock Exchange (GSE) is actively pursuing self-regulatory status from the Securities and Exchange Commission (SEC), in a bid to simplify the regulatory framework for the commercial paper (CP) market and bolster investor confidence. The move comes as GSE prepares to launch the CP market later this year, aiming...
Financial services providers, particularly banks, and other businesses must prioritize efficiency in their operations to navigate the current economic landscape, according to the Chief Executive Officer of the Universal Merchant Bank (UMB), Nana Dwemoh Benneh. In a recent interview with the B&FT ahead of the 2023 mid-year budget review –...
Euromoney Awards, one of the most coveted global awards in the banking and financial sector, has adjudged Access Bank Ghana Plc as the ‘Best Bank’ in Ghana for the first time. The prestigious award was announced at the 2023 Euromoney Banking Awards for Excellence in Northumberland Avenue, London. The ‘Best...
FBNBank has introduced an innovative and exciting career-shaping opportunity for young persons between 11 and 14 years old at the basic school level, dubbed ‘Junior Internship’, through which early adolescents who are customers of the bank undertake an internship programme at FBNBank with additional benefits. The first-in-the-market FBNBank Junior Internship...
profit soars to GH¢96m in second quarter Indigenous lender OmniBSIC Bank has taken its stellar performance to the next level - with strong results in the second quarter that deliver superior returns to shareholders and guarantee higher value to customers. Profit and liquidity soared and the balance sheet...
UBA Ghana, through the UBA Foundation Read Africa project, continues to make significant impact in the promotion of literacy and reading skills among students in Ghana. As part of their activities to commemorate ‘International Day of the African Child’, UBA Ghana celebrated the Day with two schools in the Central...
Inlaks, a leading ICT infrastructure and systems integrator in Sub-Saharan Africa has successfully implemented Temenos Transact for First National Bank (FNB), Ghana. Temenos Transact is a core banking system that enables banks to scale up their operations using cloud platforms and infrastructure, offering personalized customer products for improved efficiency. The...

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