Absa Bank Ghana Ltd has announced the appointment of Mr Adolph Kpegah as the Interim Managing Director. Mr Kpegah will hold this interim role until the process and approval of a substantive Managing Director is completed. On 20 September 2023, the bank announced the resignation of its Managing Director, Mrs …
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The November 2023 Summary of Economic and Financial Data by the Bank of Ghana has put the depreciation of Ghana’s currency – the cedi – at 25.8% as of November 2023. Per the data, the cedi had remained relatively stable between March and September 2023, selling at GHS 11.01 and …
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Access Bank Ghana has been adjudged as the “Best Company in Promoting Sports Development” and “Project of the Year – Environment at the legacy edition of the Sustainability and Social Investment (SSI) Awards, held at the Kempinski Hotel in Accra. This recognition highlights the Bank’s exceptional efforts in fostering grassroots …
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Absa Bank has set out to undo the most critical issue facing traders and small businesses in Ghana today – access to finance. There is no doubt about it; SMEs contribute over 80% to the country’s GDP growth. These businesses are the bedrock of economic stimulation, advancement and stability. Ghana’s history and its performance …
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The Amanano Rural Bank PLC has recorded a gross profit of GHC842,127.00 in 2022, marking the first positive turn of fortune in over five years. This is a significant improvement from the trajectory of a loss of GHC1,941,434.00 recorded in 2021. This announcement was made at its 35th Annual General …
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Ecobank, the leading pan-African banking group, and the African Guarantee Fund (AGF), a specialized pan-African guarantee provider, have joined forces in a groundbreaking $200 million risk-sharing agreement. This is aimed at catalysing economic growth and supporting entrepreneurial ventures – including women-owned SMEs on the continent. The two organisations signed a …
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Fidelity Bank Ghana Ltd, the largest privately-owned Ghanaian bank, has once again showcased its commitment to excellence by delivering an impressive and robust financial performance in the third quarter of 2023. This achievement underscores the bank’s resilience in the face of recent sector challenges, positioning it as a driving force …
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Access Bank Ghana has been named the SME-Friendly Bank of the Year at the prestigious 2023 BRANDCOM Awards, a testament to the bank’s unwavering commitment to supporting and empowering small and medium-sized enterprises (SMEs) across Ghana. This award recognizes Access Bank Ghana’s exceptional dedication to providing SMEs with access to …
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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 …
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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 …
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