By Ebenezer Chike Adjei NJOKU
The emergence of domestic credit rating agencies will serve as a key driver for the Ghana's domestic debt market's growth - particularly in the corporate sector, according to Augustine Simons, Head-Ghana Fixed Income Market (GFIM) at Ghana Stock Exchange (GSE).
Speaking at a recent Breakfast Seminar...
Atta Gyan, Deputy Managing Director at Fidelity Bank, highlighted the potential of green bonds to drive sustainable development and attract new investors to Ghana’s financial market.
His remarks were delivered at the maiden ACI Financial Markets Conference, a prestigious event that convened industry leaders, regulators, and policymakers to discuss the...
Despite the remarkable digital transformation happening in this era, financial literacy continues to be a significant challenge throughout Africa, including Ghana.
While there have been advancements, a considerable number of individuals still lack basic financial literacy and the access to vital banking services.
This gap shows the pressing need for holistic...
The CEO and Managing Director of Sanlam Allianz Life Insurance Ghana, Tawiah Ben-Ahmed, has promised that the merger of Sanlam and Allianz Insurance is set to revolutionize the insurance industry in Ghana and Africa.
He said the brand promise of SanlamAllianz is to offer a service experience that is unmatched...
CedisPay, a financial services provider, is set to unveil its Financial Wellbeing Budget App on September 1, 2024.
The innovative app aims to revolutionise personal finance management, offering a comprehensive platform for users to track expenses, manage budgets, and achieve their financial goals.
The CEO and Founder of CedisPay, Emmanuel Akrong,...
SA retail portfolio improves
Anticipates improvement in 2nd-half earnings
2024 interim results salient points
Revenue increased 3percent to R53.7 billion
Operating costs increased 8percent to R28.3 billion
Cost-to-income ratio increased to 52.7percent from 50.6percent
Pre-provision profit declined 1percent to R25.4 billion
Impairments charge in line with prior year
Headline...
African Export-Import Bank (“Afreximbank” or the “Group”) has recorded a Net Interest Income for H1’2024 growing by 24.5% to US$826.2 million, compared to US$663.6 million for the same period last year (H1’2023).
The increase was driven by a 31.42% increase in interest income to US$1.5 billion, on the back of...
By Ebenezer Chike Adjei NJOKU
Fidelity Bank is aggressively integrating environmental considerations into its core business strategy, Managing Director Julian Opuni has stated.
The bank has implemented a comprehensive Environmental and Social Risk Assessment (ESRA) process for all loans, ensuring climate risks are factored into lending decisions.
"We understand that our business...
The role of interest rates in shaping economic landscapes is deeply rooted in history. It has been influenced by evolving monetary policies, cultural beliefs, and responses to financial crises. By tracing this historical evolution, we can better understand the current role of rates and anticipate how they might adapt...
Standard Chartered Bank employees are making a difference in the lives of underprivileged young girls in Ghana through their participation in the Akua Kuenyehia Foundation's Empower Her Camp.
This year the bank's women's network joined the week-long bootcamp, providing financial literacy and mentorship sessions to participating girls.
Empower Her Camp is...