Banking and Finance

Zeepay begins talks with BoG over forex licence issue

Zeepay Ghana Limited has initiated discussions with the Bank of Ghana to resolve the suspension of its forex license. Last week, the Central Bank says it has temporarily suspended the forex licence of Zeepay Ghana for failing to use the average interbank exchange rate published by the Ghana Association of …

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FBNBank Ghana claims four prestigious awards

FBNBank Ghana has won four prestigious awards within the last two weeks. The Bank claimed “the Corporate Governance and Leadership Ethics Award” at the Stellar Performance CEO Awards, “the Banking Brand of the Year Award” at the Ghana Business Awards, “the Banking and Finance Institution of the Year” at the …

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Transforming the SME landscape in Ghana – Absa Bank Ghana

Absa Bank has set out to undo the most critical issue facing traders and small businesses in Ghana today – access to finance. There is no doubt about it; SMEs contribute over 80% to the country’s GDP growth. These businesses are the bedrock of economic stimulation, advancement and stability. Ghana’s history and its performance …

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Ecobank and African Guarantee Fund sign transformative $200m risk-sharing agreement

Ecobank, the leading pan-African banking group, and the African Guarantee Fund (AGF), a specialized pan-African guarantee provider, have joined forces in a groundbreaking $200 million risk-sharing agreement. This is aimed at catalysing economic growth and supporting entrepreneurial ventures – including women-owned SMEs on the continent. The two organisations signed a …

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Fidelity Bank delivers impressive Third Quarter performance

Fidelity Bank Ghana Ltd, the largest privately-owned Ghanaian bank, has once again showcased its commitment to excellence by delivering an impressive and robust financial performance in the third quarter of 2023. This achievement underscores the bank’s resilience in the face of recent sector challenges, positioning it as a driving force …

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