Tag Archives: Ghana Banks

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 …

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 …

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 …

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 …

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 …

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 …

Banks play a pivotal role in the success of every economy but in economies such as Ghana’s, it is particularly banks that understand and prioritize Micro, Small, and Medium-scale Enterprises (MSMEs) that will be the champions of all time. Through their tactful patience and tailored approaches to SME financing, such …

Absa Group has announced the appointment of Mrs Frances Adu –Mante as Board Chair of Absa Bank Ghana after securing the necessary regulatory approvals. Mrs Adu-Mante, who has served on the Board since September, 2017 succeeds Mr. Charles Alexander Cofie, who completed his tenure as Board Chairman on Thursday, 31 …

The Sekyere Rural Bank at Jamasi in the Sekyere South District, made significant progress by increasing its profit before tax by 28 per cent. Dr. Francis Denteh, Chairman of the Board of Directors, told the shareholders at its 31st meeting at Kronom in the Suame Municipality that despite the challenges …

The year-on-year inflation rate rose to 10.4 per cent in December compared to 9.8 per cent the previous month, the Ghana Statistical Service said on Wednesday. The rate is 0.6 percentage point higher than the rate for November 2020. The month-on-month inflation between November and December 2020 was 0.9 per …