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 »Common currency is key enabler for growth of AfCFTA – Bank of Africa MD
The Managing Director of the Bank of Africa, Kobby Andah, has said the implementation of a common currency and digitalizing trade will go a long way to make the African Continental Free Trade Area (AfCFTA) a success. Speaking at the 5th Ghana International Trade and Finance Conference under the theme, …
Read More »GCB opens new branch at Tema Community 25
GCB Bank Limited (GCB) has opened a new branch in the Community 25 of Tema Metropolitan Area of the Greater Accra Region. The new branch is located within the Tema Community 25 Shopping Mall and will offer banking services to customers and residents in the area. This is in response …
Read More »BoG partners Giesecke+Devrient to pilot general-purpose digital currency in Ghana
The Bank of Ghana has join forces with Giesecke+Devrient (G+D) to pilot a general-purpose Central Bank Digital Currency (retail CBDC) in Ghana. G+D is providing the technology and developing the solution adapted to Ghana’s requirements, which will be tested in a trial phase with banks, payment service providers, merchants, consumers …
Read More »Institute of Chartered Economists inducts Delax Finance’ Joe Jackson
Mr Joe Jackson, Director of Business Operations at Dalex Finance, has been inducted as a Fellow of the Institute of Charted Economists- Ghana (ICEG). Professor Peter Tuffuo Asubonteng of ICEG led the induction and charged Mr Jackson to uphold the code of ethics of the Institute. Mr Jackson is a …
Read More »Absa Bank MD, Abena Osei-Poku named top Corporate Personality at Ghana Women of the Year Honours
The Managing Director of Absa Bank Ghana, Abena Osei-Poku has been recognized as a top corporate personality in the country at the 6th Ghana Women of the Year Honours recently organized by Glitz Africa. Mrs. Osei-Poku was among 13 remarkable women from diverse fields who were celebrated at the awards …
Read More »Fidelity Bank, MDF West Africa train SMEs on how to navigate international trade amid COVID-19
Fidelity Bank Ghana in partnership with MDF West Africa has initiated a trade roadshow focused on training Micro, Small and Medium Enterprises (MSMEs). The various subject matters covered included international trade payment methods and their associated risks; opportunities available in the international trade business, and understanding the Integrated Customs Management …
Read More »UMB temporarily closes its Spintex branch over ‘technical reasons’
The Universal Merchant Bank (UMB) has temporarily closed down its branch at Spintex in Accra. The bank attributed the decision to technical reasons. The closure will last from 2nd to 5th August 2021. This was contained in a notice the bank sent to its customers and sighted by ghanabanks.org. “Due …
Read More »Standard Chartered Bank Ghana pays 23% of total income as dividend to shareholders
Standard Chartered Bank Ghana PLC has declared dividend on ordinary shares of GH¢1.74 culminating into GH¢234.4 million. This represents 23 percent of the bank’s total income for 2020. This was announced during its 2020 Annual General Meeting to present the Annual Report and Financial Statements for the year ended 31 …
Read More »Elevating SME sector is key to ensuring long-term economic viability in Africa [Article]
Despite commendable efforts and interventions by various state and private sector entities, there is no silver bullet to how economies across Africa and the small and medium enterprise sector will recover from the global health pandemic. Across the continent, we see a K-shaped recovery as different economies and sectors recover …
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