The Ghana Association of Banks (GAB) and government have reached a significant agreement regarding the terms of participation for banks in the Domestic Debt Exchange Programme (DDEP). This agreement includes improvements to the DDEP, such as a 5 percent coupon for 2023 and a single coupon rate for each of...
Climate change has come to represent a major challenge for central banks. How much should their monetary policy and approach to banking supervision be influenced by it? On one hand, there is growing evidence that global warming, particularly through its effect on agriculture, may create inflationary pressures. And there is...
Despite the changing banking and economic environment across the world, one thing is certain - the customer is still the most important element in any business or activity. As able marketing practitioners like Peter Drucker have said long ago – the fundamental task of any business is to create and...
The Ghana Stock Exchange (GSE) has approved a request by the Ghana Association of Banks (GAB) to extend, by one-month, the filing of 2022 audited financial statements. The request by GAB was made on behalf of eight listed bank and will now move the date to April 30, 2023 instead...
…implementing effective measures against cyberattacks  The financial sector is a prime target for cybercriminals due to the large amount of sensitive information and financial assets it possesses. Cyber-attacks, such as data breaches and fraud, can cause significant harm to both financial institutions and their customers. As the threat of cyber-attacks...
Innovation is a crucial driver of economic development in Ghana, and over the past few years adopting disruptive technologies has accelerated rapidly. The country continues to be a digital leader in Africa, and according to the Global Innovation Index (GII) it ranks 5th in sub-Saharan Africa. In Ghana's financial sector, there...
Institute marks 60th anniversary this year Set to launch new curriculum with focus on ethics Chief Executive Officer of the Chartered Institute of Bankers (CIB), Robert Dzato, has paid a working visit to some of its stakeholders in the Ashanti Regional capital Kumasi. His visit was part of activities to...
Agricultural Development Bank Plc (ADB) is pleased to announce the appointment of Mrs. Eno Ofori-Atta as its new Deputy Managing Director, effective 1st December 2022. She will assist the Managing Director to provide strategic leadership and direction for the bank to be amongst the top-tier banks in the country while...
The Securities and Exchange Commission (SEC) has confirmed Zenith Bank Ghana Limited’s request to voluntary withdraw as trustee from the Ghanaian Securities market. Confirming the move in a statement dated Tuesday, January 18, 2023, the commission said: “The SEC is hereby issuing this Public Notice to clarify that, as stated...
FBNBank ended 2022 on a high note with special festive activities, receipt of awards and brand sponsored events serving as the main highlights which filled their customers, clients and other stakeholders subsequently with much expectation and hope as they entered the new year, 2023. For FBNBank, the month of December...