Ghana Banks – News about banks in Ghana, microfinance, savings and loans, rural banks Hub of financial sector information in Ghana
Zeepay Ghana Limited has initiated discussions with the Bank of Ghana to resolve the suspension of its forex license. Last week, the Central Bank says it has temporarily suspended the forex licence of Zeepay Ghana for failing to use the average interbank exchange rate published by the Ghana Association of …
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December, 2023
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3 December
ASA Savings and Loans donates furniture to Kaneshie/Awudome ‘1’ JHS
ASA Savings and Loans, through its Atico Business Center has presented 40 pieces of school desks, 2 teachers table and 2 teachers chair to the Kaneshie/Awudome ‘1’ JHS school, in the Okaikoi South Municipality of the Greater Accra Region. At a short presentation of …
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November, 2023
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30 November
Absa Bank Ghana Ltd appoints Adolph Kpegah as interim Managing Director
Absa Bank Ghana Ltd has announced the appointment of Mr Adolph Kpegah as the Interim Managing Director. Mr Kpegah will hold this interim role until the process and approval of a substantive Managing Director is completed. On 20 September 2023, the bank announced the resignation of its Managing Director, Mrs …
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28 November
Ghana Cedi now selling at GH₵11.56 against a dollar for the month of November 2023 – BoG report
The November 2023 Summary of Economic and Financial Data by the Bank of Ghana has put the depreciation of Ghana’s currency – the cedi – at 25.8% as of November 2023. Per the data, the cedi had remained relatively stable between March and September 2023, selling at GHS 11.01 and …
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25 November
The 2022/2023 Batch of National Service Personnel at CalBank Refurbishes a 3-Unit Classroom Block at Bogyawe-Ankaasi JHS in the Ashanti Region
The 2022/2023 batch of National Service Personnel at CalBank has renovated a 3-unit classroom block at the Bogyawe-Ankaasi JHS, Bekwai in the Ashanti Region. For several years, the community had been grappling with the dire need for renovations at the school, which had seen limited improvements since its construction many …
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25 November
FBNBank Ghana claims four prestigious awards
FBNBank Ghana has won four prestigious awards within the last two weeks. The Bank claimed “the Corporate Governance and Leadership Ethics Award” at the Stellar Performance CEO Awards, “the Banking Brand of the Year Award” at the Ghana Business Awards, “the Banking and Finance Institution of the Year” at the …
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25 November
Access Bank Ghana receives prestigious SSI Awards for exemplary commitment to sustainability
Access Bank Ghana has been adjudged as the “Best Company in Promoting Sports Development” and “Project of the Year – Environment at the legacy edition of the Sustainability and Social Investment (SSI) Awards, held at the Kempinski Hotel in Accra. This recognition highlights the Bank’s exceptional efforts in fostering grassroots …
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22 November
BoG fines and suspends forex license of Zeepay Ghana
The Bank of Ghana has fined Zeepay Ghana Limited for failing to use the average interbank exchange rate published by the Ghana Association of Banks and the Bank of Ghana for the conversion of settlement funds into the local currency. This development was captured in a statement issued by the …
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22 November
Transforming the SME landscape in Ghana – Absa Bank Ghana
Absa Bank has set out to undo the most critical issue facing traders and small businesses in Ghana today – access to finance. There is no doubt about it; SMEs contribute over 80% to the country’s GDP growth. These businesses are the bedrock of economic stimulation, advancement and stability. Ghana’s history and its performance …
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22 November
Amanano Rural Bank overturned losses into profit – Board Chair
The Amanano Rural Bank PLC has recorded a gross profit of GHC842,127.00 in 2022, marking the first positive turn of fortune in over five years. This is a significant improvement from the trajectory of a loss of GHC1,941,434.00 recorded in 2021. This announcement was made at its 35th Annual General …
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