Recent Posts

ARB Apex Bank records profit despite ravages of COVID-19

Despite the ravages of COVID-19, the Association of Rural Banks (ARB) Apex Bank Limited, has recorded the highest profit before tax (PBT) of GH₵5.9 million. This is an increase of 482 percent over the previous year, the highest PBT in more than 10 years. The Bank’s total operating income also …

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Sekyere Rural Bank increases profit

The Sekyere Rural Bank at Jamasi in the Sekyere South District, made significant progress by increasing its profit before tax by 28 per cent. Dr. Francis Denteh, Chairman of the Board of Directors, told the shareholders at its 31st meeting at Kronom in the Suame Municipality that despite the challenges …

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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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Mponua Rural Bank records GH¢1.56 million profit before tax

Mponua Rural Bank Limited has recorded a profit before tax of GH¢1.56 million for the 2019 financial year. Last year’s growth which represents 8.36 per cent was, however, lower than what was recorded the previous year which growth stood at 14.44 per cent. The drop in profit growth was attributed …

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Premix Secretariat digitises fuel distribution

The National Premix Fuel Secretariat (NPFS) has embarked on a digitisation drive aimed at ensuring transparency and blocking leakages in the premix fuel trade. With the new drive, only fishermen with electronic cards can access the product, the Chairman of the National Premix Committee, Nii Lante Bannerman, has said. He …

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FBNBank unveils quick banking *894# product

FBNBank Ghana, as part of its commitment to empower all who embrace its brand with seamless access to everyday financial services, has unveiled the quick banking *894# product. The product bestows the power to bank anywhere and at any time to customers. According to the bank, it is convenient, easy, …

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Fidelity Bank and IFC Webinar Series: An impactful journey to grow SMEs

To support Small and Medium Enterprises (SMEs), Fidelity Bank in partnership with the International Finance Corporation (IFC) initiated a four-part webinar series to offer financial and business strategies for SMEs to navigate the economic downturn caused by the COVID-19 pandemic. The webinar series was organized under the Bank’s new thought …

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ZEEPAY Mobile Money opens flagship branch in Kasoa

Zeepay, a fast-growing Financial Technology and Mobile Money company, has formally opened an office in Kasoa to serve the financial needs of residents of the area and its environs. The new flagship branch, located along the Bawjiase Road, according to Zeepay, would serve Kasoa, one of the fastest-growing cities in …

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