Blog Layout

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 …

Read More »

 Fidelity Bank launches ‘Sika Bumm’ promo to reward active customers

As part of activities to mark its 15th-anniversary celebrations, Fidelity Bank Ghana has launched a promo dubbed ‘Fidelity Sika Bumm Promo’, to reward its cherished customers and to help them to cultivate a savings culture. The Fidelity Sika Bumm Promo is yet another innovative promo by Fidelity Bank that will …

Read More »

Abokobi Rural Bank posts 330% profit for 2021

The Abokobi Area Rural Bank Limited posted an impressive financial performance of GH¢400,328 for 2021 as against GH¢93,296 in 2020, representing an increase of 330.11per cent. The bank’s total assets rose from GH¢29.5 million in 2020 to GH¢35million in 2021, making an increase of 20 per cent while total deposits …

Read More »

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. …

Read More »

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 …

Read More »

UMB awards cash grant to young female entrepreneur on the Springboard Show

 The Universal Merchant Bank Ghana (UMB), a leading indigenous Ghanaian Bank has presented young female ‘agripreneur’, Elselund Ewudzie-Sampson, a cash grant of GH¢5,000 in support of her online grocery business. The story of Elselund Ewudzie-Sampson, (also known as Adwoa Agbogbloshie) was brought to prominence during a segment on the highly …

Read More »

GSE Managing Director retires from active service

The Managing Director of the Ghana Stock Exchange (GSE), Ekow Afedzie, has retired from the local bourse after 31 years of dedicated service. His retirement was disclosed during the company’s 32nd Annual General Meeting held in Accra. Mr. Ekow Afedzie was appointed as the Managing Director of the Exchange on January 1, 2020. …

Read More »

BoG to shut down licensed forex bureaus flouting forex exchange laws

The Bank of Ghana intends to close down licensed forex bureaus flouting the laws governing foreign exchange operations in the country. This forms part of efforts to clamp down on illegal practices causing the free fall of the cedi. The local currency has crossed the GH¢10 to US$1 mark on …

Read More »

GCB issues statement over fire outbreak at its Kisseiman branch

The GCB Bank has issued a statement on a fire outbreak recorded at its Kisseiman branch on Wednesday. Although the company says the fire was contained by fire service personnel, with no casualty recorded, it, however, urged its customers in the area to access banking services in its branches at …

Read More »

Ghana Card to be the only accepted ID for all financial transactions from July – BoG

The Bank of Ghana (BoG) has served notice to all licenced financial institutions and the general public that effective July 1, 2022, the Ghana Card shall be the only identification card accepted for any form of banking or financial transactions in the country. According to a statement from the central …

Read More »