Recent Posts

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 …

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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 …

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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 …

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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 …

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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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Izwe Ghana donates medical equipment to Yabi CHPS compound

Izwe Savings and Loans has donated medical equipment to the Yabi Community-based Health Planning and Services (CHPS) compound at Atwima Kwanwoma district of the Ashanti region. This forms part of the company’s 10th-anniversary corporate social responsibility initiatives, for which Izwe set out to improve healthcare and educational edifices in the communities …

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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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