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 »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 …
Read More »‘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 …
Read More »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 …
Read More »Standard Chartered posts strong income growth in 2022, affirms commitment to Ghana
Standard Chartered Bank Ghana PLC has reiterated its ongoing commitment to Ghana, while supporting its clients in the market to achieve their ambitions. At its 53rd Annual General meeting to present the Annual Report and Financial Statements for the year ended 31 December 2022 to its shareholders, the bank highlighted …
Read More »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’ …
Read More »