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...
…operating strategically in ten regions of Ghana
Despite the presence of more than 15 life insurance companies in Ghana QLAC has over the years carved a niche as a strategic life assurer providing innovative services to clients around 10 major regions in Ghana.
QLAC has a total of 11 branches spread...
Only half of Ghana’s life insurance companies reported profits for 2021, and those that did earned them from investment income rather than actual underwriting of life insurance policies. ELLIOT WILLIAMS & TOMA IMIRHE explain how this works, and also why insurers want to take a longer-term perspective than the...
Continuous innovation should be the bedrock of every business. The need to innovate, and to do so quickly, is now considered important for most companies. For the insurance industry, it fosters competitiveness and ensures that clients have access to the best solutions available. A business that invests in innovation...
COMPANY HISTORY
SIC Life Insurance LTD originally existed as the Life Division of the reputable multi-line insurer, SIC Insurance Company. In conformity with the provision of the Insurance Act 2006, Act 724, the Company was established as a fully licensed Life Insurance Company in 2007. On 10th March, 2022,...
... 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...