Commercial Banks

Redefining the Intersection of Art and Finance in Africa

In the world of banking, the mention of art might seem out of place. Yet, Absa Bank is defying this notion, thanks to its more than three decades of association with the esteemed L’Atelier pan-African Art competition. For 37 years, the Absa L’Atelier has been one of Africa’s most prestigious …

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‘It’s a worry to us’ – BoG governor on hoarding of dollars

The governor of the Bank of Ghana (BoG), Dr Ernest Addison, has expressed concern over the practice of individuals keeping large volumes of foreign currencies in their homes. Asked whether the BoG was worried over a report that the immediate past Minister of Sanitation and Water Resources Madam Cecilia Dapaah …

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BoG assures of policy solvency despite DDEP-induced difficulties

The Bank of Ghana (BoG) has said it remains steadfast in its commitment to policy solvency – focusing on managing inflation and ensuring financial stability – despite challenges posed by the Domestic Debt Exchange Programme (DDEP). Director of Research-BoG, Dr. Philip Abradu-Otoo, made the assurance while insisting that there is …

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Absa Bank Ghana revolutionizes vehicle financing in Africa

Absa Bank’s commitment to real sector growth in Ghana and Africa is really living up to the game. From steadfast support to SMEs and strategic partnerships with organizations like the Mastercard Foundation to the recent launch of its SME Loan @10% product, the bank continuously proves its responsiveness to clients’ …

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Prudential Bank pays first dividend in 8 years

For the first time in eight years, Prudential Bank has paid dividends to its shareholders. With the approval of the Bank of Ghana, 0.01698 per share was paid to the shareholders. The Chairperson of the Board, Mrs Muriel Susan Edusei, thanked her colleague board members, management and staff for their …

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Republic Bank Board introduces new MD to customers

The Board of Directors of Republic Bank (Ghana) PLC, a subsidiary of Republic Financial Holdings Limited (RFHL) of Trinidad and Tobago has introduced the new Managing Director of the Bank, Mr. Benjamin Dzoboku, to customers of the Bank at a welcome event held on Friday, August 12, 2022, in Accra. …

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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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