GCB Bank PLC at the weekend reestablished itself as Ghana’s number-one financial institution, when it was adjudged top in financial services at the Ghana Club 100 awards.
GCB Bank PLC was named the tenth-best performing company/bank at the 19TH Ghana Club 100 Awards ceremony in Accra on Friday. The event...
Bank of Ghana (BoG) data shows that the while coronavirus pandemic has severely bruised the country’s economy, leading to losses in most sectors, other sectors have started showing recovery even as early as the month of May 2020.
The data reveals cement sales and port activities have improved significantly in...
The COVID-19 pandemic onslaught has actually fast-tracked the country’s digitisation process. In many respects, it has enhanced the digital uptake pace.
However, PricewaterhouseCoopers (PwC) Ghana’s 2020 Banking Survey suggests that some workers in the banking sector face the imminent danger of losing their jobs following the COVID-19-induced digital transformation of...
The rural banking concept was introduced in 1976 with the launch of Nyakrom Rural Bank in the Central Region.
The rural banking model’s policy intent was to fill the financial inclusion gap in rural communities which were seen to have been left behind by the privilege enjoyed by urban dwellers...
United Bank for Africa (UBA) Ghana Limited has introduced a flexible loan product designed to give easy access to credit to all government workers.
UBA Ghana’s Chief Executive Officer and Managing Director, Olalekan Balogun, acknowledged the challenging economic situation due to COVID-19 and noted there is the need to stimulate...
Patricia Obo-Nai, the Chief Executive Officer (CEO) of Vodafone Ghana, says the telecom company is more concerned with having a positive competition in a provided equal space that would collectively help to satisfy consumer needs.
“We at Vodafone Ghana don’t have any problem so long as the actions of the...
Definition of Credit Bureau Agencies
Credit bureau agencies are specialised organisations that gather, maintain, and share credit information about individuals and businesses. They play a vital role in the financial ecosystem by giving lenders insights into a borrower’s credit history, outstanding debts, payment behaviour, and overall creditworthiness. These agencies thus...
Standard Chartered Bank Ghana Limited, has held its 2019 Annual General Meeting (AGM) on the backdrop of being awarded Africa’s Best Bank for Transformation at the prestigious Euromoney Awards for Excellence 2020 that recognized the top financial institutions in banking and capital markets globally.
At the AGM to present the...
Executive Director of the Association of Rural Banks-Ghana, Mrs. Comfort Owusu, has advised rural banks’ General Managers and CEOs to quickly adapt to change - particularly in the business environment.
According to her, the external business environment and government regulatory policies have direct impacts on their activities as bankers, and...
posts GH¢32.8m after tax
Despite facing economic challenges in the year under review, Zeepay - a prominent player in cross-border payments operating as an innovative mobile money firm - grew its pre-tax profit to GH¢43.9million at the close of 2022, its annual report for the period has shown.
Following a...