The Agricultural Development Bank Limited (ADB) has been adjudged Best Bank for the Year 2020 at the maiden edition of the National Business Honours Awards night held at the Labadi Beach Hotel. In addition, the Bank’s Managing Director, Dr. John Kofi Mensah, was named the National Business Hero in Banking...
The Initiators of Change Foundation (ICF) has presented a Lifetime in a Portrait Award to Director-General of the Social Security and National Insurance Trust (SSNIT) Dr. John Ofori-Tenkorang, as the Most Impressive Leader of the Decade. The presentation was made during a short ceremony at Pension House in Accra on...
The Agricultural Development Bank (ADB) has reiterated its commitment to agricultural financing by implementing a strategic plan that will increase the share of Agricultural loans in the bank’s total loan portfolio to a minimum of 50 percent by 2022. The Managing Director of ADB, Dr. John Kofi Mensah, who announced...
Shareholders of Access Bank Ghana, one of the leading retail banks in Ghana, have approved a capital raising exercise worth GHs 450 million at an Extraordinary General Meeting (EGM) held on Tuesday December 12, 2017 at the Coconut Grove Regency Hotel in Accra. The additional capital to be raised by...
… Key to financial markets recovery  In the realm of Ghana's financial markets, recent developments are signaling a welcome change—a shift from turbulence to stability and the return of investor confidence. At the heart of this transformation is the ongoing Domestic Debt Exchange Program (DDEP), which, after initial apprehension, is...
The implementation of a centralised payment and settlement infrastructure is expected to contribute in addressing the low intra-African trade, particularly with the integration of banks and fintechs, Country Manager of AZA Finance, Nana Yaw Owusu-Banahene, has said. Intra‐African trade stands at around 10 percent compared to 60 percent, 40 percent,...
Financial results of Ghana’s banking industry for 2022 and the 1st quarter of 2023 indicate that banks have survived the inevitable challenges imposed by government’s domestic debt exchange programme. TOMA IMIRHE uses two biggest banks’ performance to assess the situation. It appears that Ghana’s banking industry has turned the corner...
Absa Bank Ghana has partnered with Enterprise Funeral Services Ghana Limited, trading as Transitions -The Funeral People, to offer one-stop shop funeral related services to Absa customers at discounted prices. Services include transportation of the deceased from the place of death, Mortuary services, Undertaking, Hearse Services, Burial & Graveside services....
… announces 40 years anniversary next year The Ahantaman Rural Bank PLC continues to post satisfactory performance and has achieved significant growth over the past years. Financial indicators for the year 2022 under review show growth in areas such as Deposits, Investment, Paid-up capital, Total Assets, among others. The bank’s Total Assets...
As banks increasingly allow some staff to work remotely, especially at home, the likelihood of cyber-attacks is higher than working in the traditional banking environment, Abiola Bawuah, Regional CEO-West Africa at United Bank for Africa (UBA), has said. She said banks, just like other businesses trying to reduce the number...