Tag Archives: Banks in Ghana

The ARB Apex Bank has called on its shareholders, staff and boards of rural and community banks to work hard to put the banks on a stable footing. It has also urged rural and community banks to increase their shareholding and encourage the public to purchase shares from them. The …

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 …

Bayport Savings and Loans has announced that it has attained significant gains in the first half of 2020. According to the company, it has remained resilient through the COVID-19 pandemic, recording a profit after tax of GHS8.4 million, which is a significant increase on the GHS185 000 achieved for the …

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, …

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 …

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 …

Fidelity Bank Ghana, a leading Ghanaian bank, has partnered with SWIFT, the global provider of secure financial messaging services to adopt Global Payments Innovation (gpi) service, making cross-border payments faster and easier for customers. The industry-first initiative will enable real-time tracking of cross border payments by Fidelity Bank customers as …

Fidelity Bank Ghana, a leading Ghanaian bank, has partnered with SWIFT, the global provider of secure financial messaging services to adopt Global Payments Innovation (gpi) service, making cross-border payments faster and easier for customers. The industry-first initiative will enable real-time tracking of cross border payments by Fidelity Bank customers as …

The Chairman, Public Accounts Committee of Parliament (PAC) Dr James Avedzi Klutse, on Wednesday could not hide his anger when certain names repeatedly came up in connection with wrongful payments from the Venture Capital Trust Fund (VCTF) The chairman urged Mr Yaw Owusu Brempong, Chief Executive Officer (CEO) of the …

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 …