Over the years, the financial sector has been majorly influenced by technological and digital advancements through the adoption of innovative tools and processes in the products and services provided by this sector. Financial Technology (Fintech) powered by technological advances has altered the traditional financial landscape, challenging corporate giants that once...
In celebrating this year's Valentine's Day, UBA Ghana rolled out its special initiative dubbed ‘Peel The Love’ to reward customers who visited the various business offices with branded souvenirs. Commenting on the initiative, Head of Marketing and Corporate Communications at UBA Ghana, Henry Nii Dottey said, “In the spirit of...
Guaranty Trust Bank (Ghana) Limited, has introduced its agency banking initiative dubbed “GTExpress” as part of efforts to establish brand presence and bring convenient banking to the doorsteps of its customers and the public. GTExpress is designed to offer GTBank account holders the convenience of conducting banking services at partner...
First National Bank has announced the appointment of Sylvia Inkoom as Executive Director responsible for Corporate and Investment Banking. Sylvia’s appointment is aligned with the bank’s strategic intent of attracting quality talent in the financial services industry, so as to deepen client access across its broad range of corporate...
Financial non-governmental organisation Rural Focus Africa Foundation (RUFA), in collaboration with its US-based partner Surrender 365, is championing the inclusion of marginalised groups - specifically cured lepers - in the country's financial inclusion agenda. Through its VSLA initiative, it has formed the Nyame Nti Savings Group comprising cured lepers and...
Ghana's bilateral lenders are discussing the formation of an official creditor committee, a first step needed to engage in debt relief talks for the crisis-hit country, according to two sources with direct knowledge of the matter. The Paris Club of creditor nations has contacted other bilateral creditors, such as China,...
In December 2020, the Inter-Governmental Action Group Against Money laundering in West Africa (GIABA) issued a policy advisory paper on fintech risk and opportunities. The paper pointed to several important issues including roles of stakeholders in ensuring Africa’s safe digital transformation. One recommendation was to put in place strong...
FBNBank Ghana is showering gratitude on its customers by giving them a special treat as part of the National Chocolate Day celebrations which falls on 14 February 2023. In a statement released by the Bank, it stated that “FBNBank is renewing its commitment to its customers and assuring them of...
Republic Bank Ghana, a leading Universal Banking Institution in Ghana and arguably the most diversified Financial Institution, is committed to changing the lives of Ghanaians and shaping the dreams of businesses across the country through its fantastic 4 VISA Credit Cards: Republic Visa Infinite Credit Card Republic Visa Business...
Bank of Ghana (BoG) Governor, Dr. Ernest Addison, has justified the bank's decision to fund government spending in 2022 - stating that not doing so would have destabilised the economy. As of November 2022, broad fiscal deficit exceeded the target of 6.7 percent of gross domestic product (GDP) - standing...