According to the ARB Apex Bank PLC, there are 147 rural and community banks with over 800 branch networks spread across the 16 regions of Ghana.
The total assets of the rural banking sector as of December 2021 amounted to GH¢6.72billion.
The sector also recorded total deposits of GH¢5.94billion.
Like any other...
how BoG's new move would allow consumers to switch bank accounts
What is the most effective solution to poor service, mis-selling, and the seeming lack of concern by banks toward the most pressing needs of their customers; those whose hard-earned savings constitute the chunk of their funds? Simple....
Three decades of leadership in product and service scope and Innovation, technology-driven customer convenience, excellent financial performance, and sound financial solidity.
As the local and global economies bounce back, after two years of enduring the devastating effects of COVID-19, business expansion and growth across different sectors is envisaged....
Learn about how to start a climate-smart business in Circular Economy or in Health and Hygiene
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Mr. Kwaku Appiah-Menka II; Managing Director of SIC Life, Mr. Okyere Darko; Kumasi Branch Manager of SIC Life and some staff of the Kumasi branch office presented 20,000 branded exercise books and an undisclosed cheque amount to the Otumfuo Osei Tutu II Foundation.
The donation is aimed at supporting the...
On Saturday, June 4th, 2022, C&J Somafour Services Limited launched the Somafour App to the public at the African Regent Hotel in Accra, Ghana.
Somafour is a new revolutionary App for Ghanaians abroad struggling to find dependable individuals to run errands on their behalf in Ghana. Somafour is a mobile...
Bancassurance is now a key product or distribution line in the insurance sector in recent times. Bancassurance commonly means selling insurance products under the roof of a bank. Though bancassurance had its roots in France in the 1980s and spread across different parts of Continental Europe, it has spread...
There has never been a time ripe for government to impose religious tax than it is today. The Christian society have been at the fore front against any motive by government to tax any income accruing to the church or other religious bodies other than from their business or...
In the last few decades, countries across the African continent have been experiencing a rapid exodus of people from rural areas to urban centres. The region’s burgeoning urbanisation presents an episode of bittersweet revelation for urban planners and policymakers. Why is that so? With cities accounting for the lion’s...
In May 2022, the government of Ghana through the Ministry of Finance passed the Electronic Transaction levy (E-Levy) in the bid to rope in revenue to boost the country’s economy and address the challenges the economy is facing but two months after its inception the E-levy seems to have...