Standard Chartered Bank Ghana PLC has declared dividend on ordinary shares of GH¢1.74 culminating into GH¢234.4 million. This represents 23 percent of the bank’s total income for 2020. This was announced during its 2020 Annual General Meeting to present the Annual Report and Financial Statements for the year ended 31 …
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Elevating SME sector is key to ensuring long-term economic viability in Africa [Article]
Despite commendable efforts and interventions by various state and private sector entities, there is no silver bullet to how economies across Africa and the small and medium enterprise sector will recover from the global health pandemic. Across the continent, we see a K-shaped recovery as different economies and sectors recover …
Read More »Our Visa Prepaid Card offers more convenience, security to customers – FBNBank’s Alexander Markwei
FBNBank Ghana has announced the introduction of an internationally accepted and multiple-use Visa Prepaid Card as the latest of its offerings to customers and clients of the Bank aimed at delivering convenience, security and privacy. The Card which was launched as one of the highlights of the Bank’s 25th-anniversary celebrations …
Read More »Ghana’s debt stock hits GH¢332.4 billion, debt to GDP now 76.6%
Ghana’s total public debt stock has increased once again according to new data released by the Bank of Ghana. The debt stock which ended the first quarter of 2021 at GH¢ 304.6 billion, increased by almost GH¢ 30 billion in April and May. This saw Ghana’s total public debt as …
Read More »Absa Bank employees support digital literacy in two basic schools
The Corporate and Investment Banking Team at Absa Bank Ghana has donated 100 set of desktop computers and accessories to the Kressner Children’s Home School in Amasaman and the St. Anthony Catholic School in Tantra Hill. The project which cost GHs70,000 to refurbish and provide desktop computers to the two …
Read More »Fidelity Bank expands its agency banking network; launches ‘We Dey Everywhere’ campaign
Ghana’s largest privately-owned bank, Fidelity Bank Ghana, has further cemented its status as the country’s leader in Agency Banking with the launch of its ‘We Dey Everywhere’ Campaign. The campaign seeks to create awareness about the bank’s extensive network of community agents who are bringing banking to the doorsteps of …
Read More »CIB Ghana partners UNC and CSDA to eradicate financial marginalisation
As further evidence of its commitment to eradicating financial marginalisation and exclusion, the Chartered Institute of Bankers (CIB) Ghana has partnered with the University of North Carolina (UNC) School of Social Work and Centre for Social Development in Africa (CSDA) to launch the Financial Capability and Asset Building (FCAB) Africa …
Read More »Finance Ministry engages GPHA on new procurement regulations
The Ministry of Finance has schooled top management of the Ghana Ports and Harbours Authority on the Public-Private Partnership Act and the Public Investment Management Regulations introduced in 2020. It forms part of a nationwide sensitization to provide information to State Owned Enterprises (SOEs) on the rights, guidelines, and due …
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