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.   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...
Fidelity Bank Ghana, a leading advocate for financial inclusion, took a centre-stage role in empowering young minds at the 13th African Games. The bank sponsored the Youth Pavilion and as part of this initiative, Fidelity Bank's Ag. Director of Retail Segments, Thomas Ishmael Adjei, delivered a powerful keynote address focused...
The Bank of Ghana has appointed Dr. Joseph O. France as an advisor to the management of Universal Merchant Bank LTD (UMB) effective March, 25 2024. The advisor is expected to help monitor UMB’s recapitalisation efforts and implementation of governance reforms agreed with the Bank of Ghana. This was in a...
First National Bank has completed the training of business news reporters and editors at its maiden Journalism Academy workshop in Accra. Participants received lessons in analysing financial statements and the importance of ethical reporting at the two-day workshop organised by First National Bank Ghana, in partnership with the University of...
By Elizabeth PUNSU, Jamasi The Sekyere Rural Bank PLC at Jamasi in the Sekyere South District of Ashanti Region  has  held its 34th Annual General Meeting of Shareholders. The 34th AGM was part of the major activities of the bank to climax the 40th anniversary. After 40 years of impactful rural...
By Martin Kwame AWAGAH His Excellency, John Dramani Mahama, Former President of the Republic of Ghana and Flagbearer of the National Democratic Congress (NDC), the leadership of the National Democratic Congress, Fintech industry stakeholders, all protocols duly observed, Ladies and gentlemen, First and foremost, I would like to extend my...
In a strategic move to promote trade liberalisation under the African Continental Free Trade Area (AfCFTA), the United Bank for Africa (UBA) Ghana has collaborated with the Ghana Export Promotion Authority (GEPA) to host a crucial sensitisation seminar titled 'Trade Liberalisation after the AfCFTA' at the Africa Trade House...
In a landmark visit highlighting its commitment to knowledge sharing and industry collaboration, Fidelity Bank Ghana, the nation's largest privately owned bank, welcomed a delegation of 35 students and faculty from Columbia Business School, a world-renowned institution for business education. The visit, held at Fidelity Bank's head office at Ridge...