Digital banking involves the digitalisation of all traditional banking products, processes and activities to service customers using online channels. With digital banking, any bank’s branch services are available and accessible 24/7 on mobiles, computers and compatible smart devices. The most prevalent trend in the financial services industry today is the...
The unwavering commitment to innovation, coupled with a robust track record and access to resources will ensure that banks continue to spearhead innovation in the financial services delivery sector, Managing Director and Chief Executive of FBN Bank, Victor Asante, has said. In his estimation, since banks have long turned to...
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....
Four teacher unions in Ghana have declared a nationwide strike over the government’s failure to meet the June 30 deadline they gave it for the payment of their Cost of Living Allowance (COLA). The unions are the Ghana National Association of Teachers (GNAT), National Association of Graduate Teachers (NAGRAT), Teachers...
Last year, I heard the Minister of Finance making bold statement saying that government is “creating one million jobs” in the next four years. But I have always advocated that the private sector, if equipped, has more potential to create more jobs than the public sector. A typical example...
as banks continue to ‘abandon’ sector The Food and Agriculture Ministry (MoFA) is considering the prospect of recommending to Cabinet, the need to introduce an agriculture finance law to pursue banks to invest in the sector. There is currently huge demands for agriculture credit in the country with a...
Countries have made substantial progress toward implementing capital markets regulatory reform, but important gaps remain and new challenges have raised the bar. Capital markets are like engines that help power the global economy: they perform best with regular tune-ups. In this spirit, the major regulatory overhaul following the global financial...
…urges sizeable investment in technology  The Savings and Loans (S&L) segment of the financial sector is in danger of losing the share of the market that has traditionally been its preserve if urgent steps are not taken to comprehensively digitise its operations and offerings, Second Deputy Governor of...
Young women in Ghana and Senegal face barriers in the world of work due to social prejudices, a lack of access to the right education and resources, limited opportunities for career advancement, unfavorable workplace conditions, and ineffective government policies, according to a new report by the African Center for...
After months of insisting on home-grown solutions to navigate mounting economic challenges, managers of the economy appear to have buckled under the weight of an increasingly tighter economic environment and the nation is poised to return to the International Monetary Fund (IMF) for assistance, for the 18th time. Notice of...

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