…grows pre-tax profit by 144% in 2021
Despite prevailing economic challenges during the 2021 financial year, Nandom Rural Bank (NRB) was able to maintain a very strong financial position - reflected by the growth in key indicators.
The bank saw its pre-tax profit rise by 144 percent over the previous year...
CalBank Plc was celebrated as the most admired indigenous bank and the 8th most admired Ghanaian brand by Brand Africa 100 at the 16th Advertisers Association of Ghana (AAG) Gong Gong Awards held in Accra over the weekend.
The 2022 survey was conducted between March and April 2022, and yielded...
The Court of Appeal has, in a unanimous decision of a three-member panel, held that the judicial review application filed before the High Court challenging the revocation of the operating licence of a defunct microfinance company, TI Microfinance Limited, by the Bank of Ghana (BoG), was wrong in law.
The...
After four decades of fostering integration through trade and finance, the global economy has begun a painful process of fragmentation. Initially driven by wealthy countries – namely, the United States under former President Donald Trump and the United Kingdom, following the Brexit referendum – several geopolitical forces have combined...
The cedi's recent revival appears to be on for a sustained run - on the back of increased forex liquidity amid the IMF's Staff-Level Agreement and government’s recent suspension of coupon payments on some external bonds as well as the Bank of Ghana’s interventions.
The local currency stabilising around the...
Curtis William Brantuo (Esq.) has been appointed Deputy Managing Director of ARB Apex Bank PLC. His appointment took effect from December 1, 2022, and he will complement Alex Kwasi Awuah, who was appointed Managing Director of the bank in January this year.
Prior to his appointment as Deputy Managing Director,...
……posts 962% growth in profit
Okomfo Anokye Rural Bank PLC at Wiamoase in the Sekyere South District of Ashanti Region, having made determined effort to put the bank back on the path of growth and profitability, has recorded impressive growth in all indicators.
The bank recorded a profit before tax of...
… as OA Pay presents better remittance services to its clientele
The Chief Executive Officer of One Africa Technologies (OA Pay) – a free remittance platform, Tracey Abiola, has said one key way to harness the promising gains in the Fintech sector and boost its growth is by investing...
Professor Joshua Yindenaba Abor and Professor Charles K.D. Adjasi have launched a book at the Best Western Premier Hotel, Accra. The book, titled ‘The Economics of Banking and Finance in Africa: Development in Africa’s Financial Systems’, was published by Palgrave Macmillan (Springer Nature) and co-edited by the two eminent...
FBNBank Ghana has been adjudged the ‘Best Commercial Banking Brand’ and also the ‘Best SME Banking Brand’ at the 2022 Global Brand Awards ceremony held at the Dubai Palm Jumeirah-Waldorf Astoria recently.
The Global Brand Awards were established with the aim of honouring excellence in performance and rewarding companies which...