Tag Archives: Ghana Banks

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 …

Mr Kenneth Thompson, Chief Executive Officer, Dalex Finance Limited, on Wednesday said Ghana stands to face grave economic challenges in 2021, if government does not adopt the right economic recovery strategy. He said the Ghanaian economy was in recession after two consecutive quarters of negative Gross Domestic Product growth, adding …

The Securities and Exchange Commission (SEC) has cautioned the general public against investing their monies in Chy Century Heng Yue Group Limited and Sairui E-Commerce Ghana Limited. A statement from the SEC said the two firms have not been licensed in Ghana to undertake any capital market activity. “The General …

The pioneer and leader in agency banking, Fidelity Bank Ghana, rewarded its best performing agents in an awards ceremony in Accra, themed “The relevance of Agency Banking in a Pandemic (COVID-19)”. The bank also used this important occasion to announce the introduction of an insurance scheme for all of its …

The banking sector has been sanitized following stringent measures put in place by the governing New Patriotic Party, says President Nana Addo Dankwa Akufo-Addo. He made this assertion on Tuesday, January 5, 2021, when he delivered his last State of the Nation Address to the 7th Parliament. President Akufo-Addo said …

President Nana Akufo-Addo says within four years, his government has been able to turn around the ailing Ghanaian economy he inherited for good. He said this when he delivered his final State of the Nation address in Parliament on Tuesday, January 5, 2021. This is the last State of the …