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Commercial Banks

Asantehene commends Board and Management of ADB

The Asantehene Otumfuo Osei Tutu 11 has commended the Board and Management of the Agricultural Development Bank for refocusing on its core mandate of Agricultural financing. He said ADB which was purposefully established to lend for the growth of the Agricultural sector had for some years redirected its focus to …

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UMB appoints Nii Amankra Tetteh as Executive Director of Business

Universal Merchant Bank (UMB) has appointed Nii Amankra Kwashie Tetteh as its Executive Director, Business. He will be responsible for leading the growth agenda for the business lines of the Bank. “Nii Amankra is a proven leader in the banking industry with a deep, diverse and impactful career track spanning …

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CBG’s ambitious resolve to revolutionize SME banking

Banks play a pivotal role in the success of every economy but in economies such as Ghana’s, it is particularly banks that understand and prioritize Micro, Small, and Medium-scale Enterprises (MSMEs) that will be the champions of all time. Through their tactful patience and tailored approaches to SME financing, such …

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Frances Adu-Mante appointed Board Chair of Absa Bank Ghana Limited

Absa Group has announced the appointment of Mrs Frances Adu –Mante as Board Chair of Absa Bank Ghana after securing the necessary regulatory approvals. Mrs Adu-Mante, who has served on the Board since September, 2017 succeeds Mr. Charles Alexander Cofie, who completed his tenure as Board Chairman on Thursday, 31 …

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Fidelity Bank Ghana awards best performing agents

The pioneer and leader in agency banking, Fidelity Bank Ghana, rewarded its best performing agents in an awards ceremony in Accra, themed “The relevance of Agency Banking in a Pandemic (COVID-19)”. The bank also used this important occasion to announce the introduction of an insurance scheme for all of its …

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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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CBG MD honoured as ‘Most Respected CEO’

Mr Daniel Wilson Addo, the Managing Director (MD) of Consolidated Bank Ghana (CBG), has been adjudged ‘Most Respected Chief Executive Officer’ (CEO) of state-owned banks at the 2020 Ghana Industry CEOs Awards held in Accra. A statement from CBG, copied to the Ghana News Agency said, the prestigious award scheme …

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