...delivers strong, safe and sustainable returns to shareholders
Standard Chartered Bank Ghana PLC’s resilient performance for 2023 has resulted in the Bank declaring an ordinary dividend per share of GH¢2.9454 with a total amount of GH₵ 397 million to be paid to ordinary shareholders and GH¢ 3 million to preference...
United Bank for Africa (UBA) Ghana has been announced as the winner of the Most Sustainable Bank of the Year 2024 category by the Global Business Magazine Awards.
This prestigious recognition underscores UBA Ghana’s unwavering commitment to excellence in environmental, social, and governance (ESG) practices, reinforcing its position as a...
The Head of Global Markets at Stanbic Bank Ghana, Afua Bulley, has urged women to confidently pursue careers in finance, encouraging them to embrace opportunities in the industry.
Afua Bulley said this when she joined other panel members to discuss ‘Encouraging Diversity: Women’s Leadership and Inclusive Growth in Finance’ at...
…. The Amenfiman and Nyakrom Rural Bank perspective
By Joseph AKOSSEY & Seth KRAMPAH
Banks and Specialized Deposit Taking Institutions (SDIs) primarily provide financial intermediation, which involves deposit mobilization and credit extension. In other words, they take deposit from surplus fund holders and give it back to deficit fund holders of...
“Sika y3 mogya.” Money is blood, this directly translates. There is nowhere that this proverb rings truer than in a developing society such as ours. In nations, ecosystems such as this where the gaps between the haves and have-nots are so steep, money conversations are easily rendered heated and...
By Joshua Worlasi AMLANU & Ebenezer Chike Adjei Njoku
The cedi (GH¢) experienced a decline against major trading currencies last week as foreign exchange (FX) liquidity remained tight in view of high demand, according to recent investor updates from Databank and Constant Capital.
The local currency's depreciation has been attributed...
By Samuel Sam
The maiden edition of the Inclusive Finance and Impact Investment Forum (IFIIF) - which addresses the critical challenges of financial inclusion and investment accessibility for women-led agribusinesses in northern Ghana - has been held at Tamale, Northern Region, from 21st to 23rd August 2024.
Organised by the Mennonite...
By Samuel LARTEY ( Prof.) [email protected]
Ghana's economic trajectory has been a subject of intense scrutiny and debate, particularly in the face of mounting debt and fiscal challenges. The stakes are high as the government prepares to launch its Eurobond Debt Exchange Program.
This initiative, aimed at restructuring approximately $13 billion...
GCB Bank recorded strong profit growth in the first half of 2024 (1H 2024) compared to the same period in 2023.
This strong performance was primarily driven by a significant increase in customer deposits year-to-date (YTD), coupled with dedicated efforts at optimising operational efficiency.
The 1H 2024 financial performance results from...
By Buertey Francis BORYOR
Microfinance institutions (MFIs) have been urged to strengthen their governance structures, enhance risk management, and adhere to the regulatory framework set by the Bank of Ghana (BoG) to better serve the country’s informal sector.
According to Elsie Addo Awadze, Second Deputy Governor- BoG, who said this, in...