The Bank of Ghana has cautioned the general public to desist from dealing with unapproved Money Transfer Organisations (MTOs). In a statement, the BoG said a number of these MTOs operating within the remittance and the Ghana Forex Market were without approval from it. These organisations include “LEMFI, WISE, TRANSFER …
Read More »Standard Chartered posts strong income growth in 2022, affirms commitment to Ghana
Standard Chartered Bank Ghana PLC has reiterated its ongoing commitment to Ghana, while supporting its clients in the market to achieve their ambitions. At its 53rd Annual General meeting to present the Annual Report and Financial Statements for the year ended 31 December 2022 to its shareholders, the bank highlighted …
Read More »Absa Bank Ghana revolutionizes vehicle financing in Africa
Absa Bank’s commitment to real sector growth in Ghana and Africa is really living up to the game. From steadfast support to SMEs and strategic partnerships with organizations like the Mastercard Foundation to the recent launch of its SME Loan @10% product, the bank continuously proves its responsiveness to clients’ …
Read More »‘GCB Bank poised to support Ghanaian businesses for sustained national development’- GCB MD
Managing Director of GCB Bank PLC, Mr. Kofi Adomakoh, has re-iterated his outfit’s commitment to the provision of relevant support to Ghanaian businesses for sustained socio-economic growth. According to him, the Bank is seeking to demonstrate its resilience by supporting Ghanaian businesses to explore beyond the shores of Ghana or …
Read More »Izwe Ghana donates medical equipment to Yabi CHPS compound
Izwe Savings and Loans has donated medical equipment to the Yabi Community-based Health Planning and Services (CHPS) compound at Atwima Kwanwoma district of the Ashanti region. This forms part of the company’s 10th-anniversary corporate social responsibility initiatives, for which Izwe set out to improve healthcare and educational edifices in the communities …
Read More »Prudential Bank pays first dividend in 8 years
For the first time in eight years, Prudential Bank has paid dividends to its shareholders. With the approval of the Bank of Ghana, 0.01698 per share was paid to the shareholders. The Chairperson of the Board, Mrs Muriel Susan Edusei, thanked her colleague board members, management and staff for their …
Read More »Fidelity Bank launches ‘Sika Bumm’ promo to reward active customers
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 …
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