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 »Abokobi Rural Bank posts 330% profit for 2021
The Abokobi Area Rural Bank Limited posted an impressive financial performance of GH¢400,328 for 2021 as against GH¢93,296 in 2020, representing an increase of 330.11per cent. The bank’s total assets rose from GH¢29.5 million in 2020 to GH¢35million in 2021, making an increase of 20 per cent while total deposits …
Read More »Republic Bank Board introduces new MD to customers
The Board of Directors of Republic Bank (Ghana) PLC, a subsidiary of Republic Financial Holdings Limited (RFHL) of Trinidad and Tobago has introduced the new Managing Director of the Bank, Mr. Benjamin Dzoboku, to customers of the Bank at a welcome event held on Friday, August 12, 2022, in Accra. …
Read More »Fidelity Bank wins two more international accolades
The largest privately-owned Ghanaian bank, Fidelity Bank Ghana, has added two more accolades to its growing list of international laurels. At separate events held over the weekend, Fidelity Bank was named the Best Bank in Ghana at the 2022 Euromoney Awards for Excellence, as well as the Best Consumer Digital …
Read More »UMB awards cash grant to young female entrepreneur on the Springboard Show
The Universal Merchant Bank Ghana (UMB), a leading indigenous Ghanaian Bank has presented young female ‘agripreneur’, Elselund Ewudzie-Sampson, a cash grant of GH¢5,000 in support of her online grocery business. The story of Elselund Ewudzie-Sampson, (also known as Adwoa Agbogbloshie) was brought to prominence during a segment on the highly …
Read More »GSE Managing Director retires from active service
The Managing Director of the Ghana Stock Exchange (GSE), Ekow Afedzie, has retired from the local bourse after 31 years of dedicated service. His retirement was disclosed during the company’s 32nd Annual General Meeting held in Accra. Mr. Ekow Afedzie was appointed as the Managing Director of the Exchange on January 1, 2020. …
Read More »BoG to shut down licensed forex bureaus flouting forex exchange laws
The Bank of Ghana intends to close down licensed forex bureaus flouting the laws governing foreign exchange operations in the country. This forms part of efforts to clamp down on illegal practices causing the free fall of the cedi. The local currency has crossed the GH¢10 to US$1 mark on …
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 »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 …
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