Bayport Savings and Loans has announced that it has attained significant gains in the first half of 2020. According to the company, it has remained resilient through the COVID-19 pandemic, recording a profit after tax of GHS8.4 million, which is a significant increase on the GHS185 000 achieved for the …
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Stanbic Bank supports COVID-19 fight with donation of test kits to Ghana Health Service
As part of its ‘All for One’ campaign, Stanbic Bank Ghana has delivered 3,008 units of COVID-19 Polymerase Chain Reaction (PCR) test kits and 3,072 units of Nucleic acid (RNA) extraction kits to the Ghana Health Service (GHS) to enhance its COVID-19 testing and early case detection capacity. This is …
Read More »Premix Secretariat digitises fuel distribution
The National Premix Fuel Secretariat (NPFS) has embarked on a digitisation drive aimed at ensuring transparency and blocking leakages in the premix fuel trade. With the new drive, only fishermen with electronic cards can access the product, the Chairman of the National Premix Committee, Nii Lante Bannerman, has said. He …
Read More »FBNBank unveils quick banking *894# product
FBNBank Ghana, as part of its commitment to empower all who embrace its brand with seamless access to everyday financial services, has unveiled the quick banking *894# product. The product bestows the power to bank anywhere and at any time to customers. According to the bank, it is convenient, easy, …
Read More »Customers of defunct Microfinance firms, others start receiving payments
Customers of defunct Microfinance companies, Savings and Loans companies, and Finance Houses have started receiving their locked-up funds. This follows the release of GHS3.56 billion in cash to fully settle depositor claims of depositors of the defunct firms. The payments began on Wednesday, September 16, 2020, as announced by the …
Read More »Ecobank, Registrar General hold virtual sensitisation on business re-registation
Ecobank, in partnership with the Registrar General, has sensitised businesses on the Companies Re-registration Directive by the Registrar General’s Department to drive compliance. The event, which was held virtually on Wednesday, September 16, 2020 for over 2,000 participants, is part of the bank’s efforts to support and provide convenient solutions …
Read More »Don’t recruit young ‘inexperienced’ graduates to top positions – Organised Labour to GRA
Organised’s Labour is calling on the Ghana Revenue Authority (GRA) to desist from recruiting young graduates to the position of Chief Revenue Officers (CROs) and Assistant Commissioners (ACs) of the Authority. According to them, most of the young graduates lack the qualification requirements and years of experience required for one …
Read More »Fidelity Bank and IFC Webinar Series: An impactful journey to grow SMEs
To support Small and Medium Enterprises (SMEs), Fidelity Bank in partnership with the International Finance Corporation (IFC) initiated a four-part webinar series to offer financial and business strategies for SMEs to navigate the economic downturn caused by the COVID-19 pandemic. The webinar series was organized under the Bank’s new thought …
Read More »Fidelity Bank rolls out Ghana’s-first Global Payments Innovation for safer international payments
Fidelity Bank Ghana, a leading Ghanaian bank, has partnered with SWIFT, the global provider of secure financial messaging services to adopt Global Payments Innovation (gpi) service, making cross-border payments faster and easier for customers. The industry-first initiative will enable real-time tracking of cross border payments by Fidelity Bank customers as …
Read More »Access Bank unveils Perfect Start campaign to get children to save
Access Bank Ghana has unveiled a new promotion targeted at children to improve financial literacy from an early age. Riding on the back of the Bank’s kid’s savings account – Early Savers, the campaign dubbed “Perfect Start” is aimed at fuelling the dreams of young ones while providing the platform …
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