Credit analysis is a complete analysis of the client's overall performance and the specific project to be financed with a loan in order to assess the credit risk - i.e., the creditworthiness of a loan applicant. The credit analysis is a component of the credit process, during which the...
Zeepay, the African fintech leader and game-changer in the mobile money space, has once again demonstrated its commitment to expanding access to financial services across the continent. The company has received regulatory approval to bring its revolutionary mobile money services to Gambia, making it the fourth country alongside Ghana, Zambia...
That it is tough to accurately predict the future is widely accepted. Indeed, no one can see that far ahead. And this is the constant hurdle faced by authorities making monetary and fiscal policy decisions. They are expected to make decisions that will yield positive returns now and in...
The government has officially closed the domestic debt exchange programme (DDEP), which was launched on December 5, 2022, but has provided an administrative window for bondholders facing technical difficulties. This window ends on February 10, 2023, at 4:00 p.m. GMT, the Ministry of Finance said in a communique Tuesday evening. This...
Binance, the world’s largest cryptocurrency and blockchain infrastructure provider, has been recognised for its outstanding contributions to the fintech industry in Ghana at the Ghana Fintech Awards 2022. The blockchain giant received the ‘Emerging Technology of the Year’ award, an award highlighting its expertise in leveraging technology to deliver financial...
Stanbic Bank Ghana has emerged as the highest rated Ghanaian bank for overall service quality to personal and business customers in the 5th Ghana Customer Service Index (GCSI), a survey conducted by the Institute of Customer Service Professionals (ICSP) found. The GCSI 2022 measured customer satisfaction, its causes and effects...
The Minister of Finance, Ken Ofori-Atta, has called on bondholders to participate fully in the Domestic Debt Exchange Programme (DDEP) in order to ensure the success of the government’s debt operation. With the recent amendments to the framework of the DDEP and agreements with key stakeholders, he emphasised that time...
This edition concludes our insight on the main topic ‘Analysing the Social Media Mix of Banks in Ghana’ with an index of all the five platforms and banks’ performance (depths). The first part was published in the Monday 16 January 2023 edition of this column and proceeded with the...
Months after its major brand refresh in South Africa and other subsidiaries, new digital interfaces and a new approach to integrated advice, First National Bank has been named the Strongest Banking Brand in the World in the Brand Finance Banking 500 2023 Report. The bank emerged as the leader...
In line with Access Bank’s sustainability vision of becoming the most sustainable and respected bank in Africa, staff supported three Sustainable Development Goals through the Employee Volunteering Programme (EVP), touching the lives of over 100,000 people in over 70 communities across six regions of Ghana; namely: the Upper West,...