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...
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...
Credit unions worldwide will celebrate International Credit Union (ICU) Day on Thursday 20th October 2022, to mark the immense role being played by financial Cooperatives in improving the livelihoods of their members. The Day is recognised to reflect upon the Credit Union movement's history, promote its achievements, acknowledge the...
... records satisfactory growth The Nwabiagya Rural Bank Limited at Barekese in the Atwima Nwabiagya district of the Ashanti Region has recorded a satisfactory operational growth of 13 percent in the 2021 year under review. The Board Chairman, Andrews Kwarteng Amanning at the bank’s 34th Annual General Meeting (AGM) held...
Fidelity Bank Ghana has opened a plush new branch within the commercial business district of Kaneshie in Accra. This move forms part of the Bank’s strategic agenda to proffer its wide-ranging suite of customized banking services and products to customers within Kaneshie, Abossey Okai and its environs. The spacious, state...
Access Bank Ghana is empowering more SMEs through its capacity building workshops on digitalization. Over 100 SMEs got the opportunity to participate in the fourth edition of the Bank’s capacity building workshop on digitalization at Koforidua, organized in partnership with Open Labs, an Information Technology Firm. The workshop on the...
The Vice President, Dr. Mahamudu Bawumia, will, on Wednesday, December 22, launch the e-pharmacy digital platform in Accra. The digitization of pharmacies, which will have the nation's pharmacies converged on one digital platform, is aimed at addressing the difficulties of roaming around looking for medicines in pharmacies. It is also expected...
The ECOWAS Bank for Investment and Development (EBID) has obtained a line of credit worth forty billion francs CFA from the Bank of Africa Group (BOA Group) for the financing of private sector projects aimed at boosting commerce and industries in the fifteen ECOWAS member-states. Signing the loan agreement marks...
First Deputy Governor of the Bank of Ghana, Dr. Maxwell Opoku-Afari, has revealed that the central bank’s digital currency, the e-Cedi, will be piloted by the close of this year - in a regulatory and innovation sandbox. Within the financial sector, a regulatory and innovation sandbox is a supportive and...
Savings and Loans Company, Best Point and an education promotion organization, LearnRite, have partnered to offer parents the opportunity to acquire Senior High School (SHS) learning materials for students at flexible terms. In collaboration with its astute partners – Approachers Series, Concise Mathematics, KOV's Series, Atta Kay among others,...