“Take urgent action to combat climate change and its impacts”; this is the rallying call from the United Nations (UN) in the wake of the world’s recovery from the Covid -19 pandemic. According to the UN, the climate crisis continues largely unabated. The concentrations of greenhouse gases continued to increase …
Read More »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 …
Read More »Sinapi Aba trains 280 youth in apprenticeship program in Bono Region
Two hundred and eighty young people in Bono Region have graduated from Sinapi Aba’s Youth Apprenticeship Program (YAP) aimed at improving livelihoods. The free three-year initiative is to alleviate unemployment among the youth in selected communities in the region. The investment by the financial institution is to promote community development …
Read More »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 …
Read More »Don’t rush; exercise caution – BoG advises public on loan guarantorship
As part of its financial literacy drive, the Bank of Ghana is urging the general public to be mindful of whom they guarantee loans for. The Central Bank maintains that the guarantor will be compelled to repay the loan with accrued interest if the borrower defaults in honoring the loans …
Read More »Izwe Savings and Loans PLC receives International Organization for Standardization (ISO) certification
In a remarkable achievement that highlights its unwavering commitment to excellence, Izwe Savings and Loans PLC, has been awarded the prestigious ISO 27001 certification. This momentous recognition signifies a new milestone in the company’s journey towards providing top-tier financial services to its valued customers. The ISO certification for Izwe Savings …
Read More »Uphold ethical standards – BoG Governor tells banking sector players
The Bank of Ghana (BoG) is urging stricter enforcement of the code of ethics regulating the banking industry. This advice according to the regulator is to limit corruption and fraud related cases in the banking sector. Banks and other financial institutions in the country lost GHS 56 million to fraud …
Read More »Access Bank Ghana wins SME friendly bank of the year
Access Bank Ghana has been named the SME-Friendly Bank of the Year at the prestigious 2023 BRANDCOM Awards, a testament to the bank’s unwavering commitment to supporting and empowering small and medium-sized enterprises (SMEs) across Ghana. This award recognizes Access Bank Ghana’s exceptional dedication to providing SMEs with access to …
Read More »BoG releases list of unapproved money transfer organisations
The Bank of Ghana has cautioned the general public to desist from dealing with unapproved Money Transfer Organisations (MTOs). In a statement, the BoG said a number of these MTOs operating within the remittance and the Ghana Forex Market were without approval from it. These organisations include “LEMFI, WISE, TRANSFER …
Read More »Absa Bank MD, Abena Osei-Poku named top Corporate Personality at Ghana Women of the Year Honours
The Managing Director of Absa Bank Ghana, Abena Osei-Poku has been recognized as a top corporate personality in the country at the 6th Ghana Women of the Year Honours recently organized by Glitz Africa. Mrs. Osei-Poku was among 13 remarkable women from diverse fields who were celebrated at the awards …
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