People who have no access to bank accounts or other financial services – typically women and the youth – are unable to send and receive payments or store money. This puts a brake on their contribution to economic growth.
On the other hand, when these excluded groups, particularly unbanked women,...
"Commitment in the face of conflict produces character." - Mark Twain
Dear readers, last week I shared some sentiments about how relationship banking can be optimised as a risk management tool. I concentrated on how customer visits and face to face meetings with borrowing customers could reduce loan defaults to...
Imagine this scenario; you are the Chief Executive or Founder of a company. It may be new, in the growth phase, or mature and established. I offer to give you money, technological infrastructure, access to new markets, training for existing staff, and I bring in some other experts for...
I was a bit bored during the weekend, and so I started watching on Youtube a History Channel documentary which had a reference on the Vietnam War and mistakes made by the American side.
Basically, what the American military did was to use measurements and analytics the wrong way. And,...
At its core, banking is not simply about profit but also about personal relationships… Felix Rohatyn
A friend recently made a very profound statement….”As for you bankers, you act so aggressively when you are selling your products to us - and then suddenly go cold and unapproachable when the deal is...
International Women’s Day is March 8th. It is a day named by the United Nations. All over the world, organizations, governments, corporations and universities celebrate women with a variety of programs. Each year has a theme.
This year’s theme is ‘Press for Progress’. The 2017 World Economic Forum Report declared...
Common Mistakes that Bankers Should Avoid
“Adventure is the life of commerce, but caution is the life of banking” …Walter Bagehot
Last week I looked at the ‘Tournier principles’ in great detail. Today, I will share some basic mistakes that bankers make which breach the duty of confidentiality. These inadvertent...
Never mind what the hard skills of the apparent qualifications are. The real requirement for the successful applicant who bags the advertised role for Government Statistician, will be his/the ability to count, backwards.
Depending on who is guesstimating, Ghana has a population of 28 million people, give or take. English...
Although Ghana’s economy has gone through some rough patches, successive governments have in recent years introduced new reforms. These are aimed at improving the macroeconomic and business environment to attract Foreign Direct Investment (FDI). The reforms have also laid the foundation for further diversification of the economy.
They have created...