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Tag Archives: Banks in Ghana

Afram Community Bank’s profit drops

The Afram Community Bank (ACB) Limited recorded a profit of GH¢330, 348.00 in 2019 as against GH¢664,606.00 in 2018, showing a decrease of 54.35 percent. The bank’s income also reduced from GH¢2,577.207 in 2018 to GH¢2,451,315, representing a decrease of 4.88 per cent in the financial year under review. This …

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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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Customers of defunct Microfinance firms, others start receiving payments

Customers of defunct Microfinance companies, Savings and Loans companies, and Finance Houses have started receiving their locked-up funds. This follows the release of GHS3.56 billion in cash to fully settle depositor claims of depositors of the defunct firms. The payments began on Wednesday, September 16, 2020, as announced by the …

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Ecobank, Registrar General hold virtual sensitisation on business re-registation

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Ecobank, in partnership with the Registrar General, has sensitised businesses on the Companies Re-registration Directive by the Registrar General’s Department to drive compliance. The event, which was held virtually on Wednesday, September 16, 2020 for over 2,000 participants, is part of the bank’s efforts to support and provide convenient solutions …

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Agyapa Royalties transaction not suspended – Ministry of Finance

The Ministry of Finance has debunked claims that the Agyapa Royalties transaction has been suspended. “The Ministry wishes to state that the Agyapa Royalties transaction has not been suspended as is being reported,” a statement from the Public Relations Unit of the Ministry said. It said Mr Mark Agyemang, the …

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Dr. Adesina President of African Development Bank sworn in for second term

Dr. Akinwumi Adesina was formally sworn into office for a second term on Tuesday after a historic re-election last week. The swearing-in ceremony, which took place at the Bank’s Abidjan headquarters was presided over by the newly appointed Chair of the Board of Governors, Ghanaian Finance Minister Kenneth Ofori-Atta, who …

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