Ghana’s total public debt stock has increased once again according to new data released by the Bank of Ghana. The debt stock which ended the first quarter of 2021 at GH¢ 304.6 billion, increased by almost GH¢ 30 billion in April and May. This saw Ghana’s total public debt as …
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The Corporate and Investment Banking Team at Absa Bank Ghana has donated 100 set of desktop computers and accessories to the Kressner Children’s Home School in Amasaman and the St. Anthony Catholic School in Tantra Hill. The project which cost GHs70,000 to refurbish and provide desktop computers to the two …
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Ghana’s largest privately-owned bank, Fidelity Bank Ghana, has further cemented its status as the country’s leader in Agency Banking with the launch of its ‘We Dey Everywhere’ Campaign. The campaign seeks to create awareness about the bank’s extensive network of community agents who are bringing banking to the doorsteps of …
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As further evidence of its commitment to eradicating financial marginalisation and exclusion, the Chartered Institute of Bankers (CIB) Ghana has partnered with the University of North Carolina (UNC) School of Social Work and Centre for Social Development in Africa (CSDA) to launch the Financial Capability and Asset Building (FCAB) Africa …
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The Ministry of Finance has schooled top management of the Ghana Ports and Harbours Authority on the Public-Private Partnership Act and the Public Investment Management Regulations introduced in 2020. It forms part of a nationwide sensitization to provide information to State Owned Enterprises (SOEs) on the rights, guidelines, and due …
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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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The Asantehene Otumfuo Osei Tutu 11 has commended the Board and Management of the Agricultural Development Bank for refocusing on its core mandate of Agricultural financing. He said ADB which was purposefully established to lend for the growth of the Agricultural sector had for some years redirected its focus to …
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Zeepay, the leading African Challenger Fintech with operations in 20 African countries today announced Ama K. Abebrese, an award-winning actress, producer and media presenter, as a brand influencer to support the brand in its next growth phase. The British-Ghanaian actress has starred in quite a number of notable film productions …
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Universal Merchant Bank (UMB) has appointed Nii Amankra Kwashie Tetteh as its Executive Director, Business. He will be responsible for leading the growth agenda for the business lines of the Bank. “Nii Amankra is a proven leader in the banking industry with a deep, diverse and impactful career track spanning …
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FBNBank Ghana has announced that it has received PCI DSS certification version 3.2.1. from the Payment Card Industry Standards Security Council (“PCI SSC”) affirming the high level of security around its cards. The PCI DSS, which means Payment Card Industry Data Security Standard, is an information security standard for organizations …
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