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 …
Read More »ASA Savings and Loans donates furniture to Kaneshie/Awudome ‘1’ JHS
ASA Savings and Loans, through its Atico Business Center has presented 40 pieces of school desks, 2 teachers table and 2 teachers chair to the Kaneshie/Awudome ‘1’ JHS school, in the Okaikoi South Municipality of the Greater Accra Region. At a short presentation of …
Read More »Ghana Cedi now selling at GH₵11.56 against a dollar for the month of November 2023 – BoG report
The November 2023 Summary of Economic and Financial Data by the Bank of Ghana has put the depreciation of Ghana’s currency – the cedi – at 25.8% as of November 2023. Per the data, the cedi had remained relatively stable between March and September 2023, selling at GHS 11.01 and …
Read More »Access Bank Ghana receives prestigious SSI Awards for exemplary commitment to sustainability
Access Bank Ghana has been adjudged as the “Best Company in Promoting Sports Development” and “Project of the Year – Environment at the legacy edition of the Sustainability and Social Investment (SSI) Awards, held at the Kempinski Hotel in Accra. This recognition highlights the Bank’s exceptional efforts in fostering grassroots …
Read More »BoG fines and suspends forex license of Zeepay Ghana
The Bank of Ghana has fined Zeepay Ghana Limited for failing to use the average interbank exchange rate published by the Ghana Association of Banks and the Bank of Ghana for the conversion of settlement funds into the local currency. This development was captured in a statement issued by the …
Read More »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 …
Read More »Amanano Rural Bank overturned losses into profit – Board Chair
The Amanano Rural Bank PLC has recorded a gross profit of GHC842,127.00 in 2022, marking the first positive turn of fortune in over five years. This is a significant improvement from the trajectory of a loss of GHC1,941,434.00 recorded in 2021. This announcement was made at its 35th Annual General …
Read More »UBA offers massive 10% interest in Super Savings Promo – A novel initiative in the industry
United Bank for Africa (UBA) Ghana Ltd has taken a groundbreaking step in the banking industry by launching the Super Savings Promo, an initiative that offers an impressive 10% interest rate on savings. The promo will run from November 2023 through to February 2024. The Super Savings Promo covers a …
Read More »Fidelity Bank is fully Committed to Leveraging Agile to Foster Innovation and Resilience – Edna Engmann
Fidelity Bank, the largest privately-owned Ghanaian bank, has reaffirmed its commitment to agility and transformation in the banking sector. This came to light when Edna Engmann, Head of Transformation Programmes at Fidelity Bank Ghana, delivered a keynote address on the imperative need for agile methodologies amidst tumultuous times. Under the …
Read More »Fidelity Bank is fully committed to driving agribusiness in Ghana – Nana Esi Idun-Arkhurst
Fidelity Bank Ghana, the country’s largest privately-owned bank, has reaffirmed its unwavering dedication to the agricultural sector at the presidential breakfast meeting on agriculture and agribusiness financing in Ghana. This profound commitment was shared by Nana Esi Idun-Arkhurst, Divisional Director, Retail and Business Banking at Fidelity Bank, who highlighted the …
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