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...
In yet another example of his love for humanity, Vice President Dr. Mahamudu Bawumia has built, furnished and formally handed over a two-bedroom house to an 82-year old cured leper who had been abandoned by her family at Motori in the Wa West district of the Upper West Region.
Dr....
Universal Merchant Bank (UMB) organised its maiden virtual edition of the annual SME Clinic for over two hundred of its SME customers across different business sectors on the theme, “Running a Successful SME Business in a Disruptive Environment”.
The Chief Executive of UMB, Mr. Benjamin Amenumey stressed on the Bank’s...
“The world suffers a lot not because of the violence of bad people but because of the silence of good people” …..Napoleon Bonaparte.
Many Ghanaians witness different forms of crimes, which has the potential to jeopardize the health, safety or lives of others. Most individuals who witness such misconduct often...
Banks in the country are ready to finance projects and programmes in the private and public sectors with potential to revive the economy irrespective of COVID-19 prevalence, panellists at the fifth edition of the B&FT-organised Ghana’s Most Respected CEOs Breakfast Series, have said.
The panel, made up of bankers, economists...
Banks are still waiting on the Central bank to offer specific guidelines on the measures introduced - including reduction in interest rates and reserve requirements to combat impacts of the Coronavirus pandemic, since being without timelines and durations makes planning difficult.
Despite their introduction in March, 2020 - with banks...
It is such a pity that modern Ghanaian society has become so polarized that freelance writers and especially those who choose to write on banking related issues have to be extremely careful in what they write, when, and even how to write, lest they are branded as belonging to...
The Agricultural Development Bank (ADB) has posted impressive financial growth in its half-year results, even in the face of the Coronavirus pandemic that has wreaked havoc on all sectors of the economy, including the financial sector.
The unaudited half-year results published by the Bank last week showed growth in all...
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...
For most financial institutions globally, 2020 Financial Year (FY2020) is likely to be described as a year of abysmal performance, an outlier which caste malignant spell on important financial indicators, especially liquidity and profitability. Unavoidably, Microfinance Institutions (MFIs) are spared by this imminent spell. This is because; MFIs predominantly...