Banking and Finance

Fidelity Bank wins two more international accolades

The largest privately-owned Ghanaian bank, Fidelity Bank Ghana, has added two more accolades to its growing list of international laurels. At separate events held over the weekend, Fidelity Bank was named the Best Bank in Ghana at the 2022 Euromoney Awards for Excellence, as well as the Best Consumer Digital …

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UMB awards cash grant to young female entrepreneur on the Springboard Show

 The Universal Merchant Bank Ghana (UMB), a leading indigenous Ghanaian Bank has presented young female ‘agripreneur’, Elselund Ewudzie-Sampson, a cash grant of GH¢5,000 in support of her online grocery business. The story of Elselund Ewudzie-Sampson, (also known as Adwoa Agbogbloshie) was brought to prominence during a segment on the highly …

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GSE Managing Director retires from active service

The Managing Director of the Ghana Stock Exchange (GSE), Ekow Afedzie, has retired from the local bourse after 31 years of dedicated service. His retirement was disclosed during the company’s 32nd Annual General Meeting held in Accra. Mr. Ekow Afedzie was appointed as the Managing Director of the Exchange on January 1, 2020. …

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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 …

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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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ARB Apex Bank records profit despite ravages of COVID-19

Despite the ravages of COVID-19, the Association of Rural Banks (ARB) Apex Bank Limited, has recorded the highest profit before tax (PBT) of GH₵5.9 million. This is an increase of 482 percent over the previous year, the highest PBT in more than 10 years. The Bank’s total operating income also …

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Right career development key to secure jobs – Absa ReadytoWork Panel

Young people have been advised to be intentional about their growth in making the right career choices. According to experts, young people should consider current and future employment opportunities available when making a career choice. These were some of the key highlights shared by a two-member panel of human resource …

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Sekyere Rural Bank increases profit

The Sekyere Rural Bank at Jamasi in the Sekyere South District, made significant progress by increasing its profit before tax by 28 per cent. Dr. Francis Denteh, Chairman of the Board of Directors, told the shareholders at its 31st meeting at Kronom in the Suame Municipality that despite the challenges …

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We’ve restored sanity in banking sector – President Akufo-Addo

President Nana Addo Dankwa Akufo-Addo

The banking sector has been sanitized following stringent measures put in place by the governing New Patriotic Party, says President Nana Addo Dankwa Akufo-Addo. He made this assertion on Tuesday, January 5, 2021, when he delivered his last State of the Nation Address to the 7th Parliament. President Akufo-Addo said …

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