NEWS

Local financial institutions assist gov’t to successfully execute 2021 Eurobond transaction
Local financial institutions assist gov’t to successfully execute 2021 Eurobond transaction

Five local financial institutions acting as co-managers have successfully supported the Government of Ghana to raise US$3.025billion in the Eurobond market. Read More

2 hours ago

Foreign banks profits exceed local banks by 185% in pandemic year
Foreign banks profits exceed local banks by 185% in pandemic year

Annual financial reports posted by commercial banks in the country, indicate that foreign-owned banks have made profits in excess of 185.5 percent in 2020 compared to that made by indigenous banks, a development banking consultant, Dr. Richmond Atuahene, attributes to good corporate governance structures of the foreign banks. Read More

2 hours ago

eTranzact secures Enhanced PSP licence from BoG
eTranzact secures Enhanced PSP licence from BoG

…allows for processing EMV GH-Link prepaid cards Read More

5 hours ago

Bancassurance generates GH¢271m in premiums in 2020 – NIC  
Bancassurance generates GH¢271m in premiums in 2020 – NIC  

Data from the National Insurance Commission (NIC) has stated that insurance premiums generated through bancassurance in 2020 was GH¢271 million. This amount is a huge leap and almost double the amount recorded in 2016 which stood at around GH¢150 million. Read More

3 days ago

Soft skills key to bridging gap between academia and industry – Absa Ready to Work Panel
Soft skills key to bridging gap between academia and industry – Absa Ready to Work Panel

Founder of Ashesi University, Dr. Patrick Awuah has urged education stakeholders including government to add soft skills into school learning curriculum that will prepare young people for the world of work. Read More

3 days ago

Ghana ready to be taken off EU AML blacklist – BoG
Ghana ready to be taken off EU AML blacklist – BoG

… on-site testing scheduled for May Read More

3 days ago

First National Bank partners real estate developers to address housing deficit
First National Bank partners real estate developers to address housing deficit

First National Bank Ghana, the nation’s leading mortgage provider, has signed Memoranda of Understanding (MOUs) with Real Estate Developers to collaborate on the provision of homes to Ghanaians as part of the bank’s ‘Year of Home Ownership’ (YOHO) initiative. Read More

3 days ago

Closer collaboration among banks would deepen financial literacy – GAB
Closer collaboration among banks would deepen financial literacy – GAB

The Chief Executive Officer of Ghana Association of Bankers (GAB) John Awuah has urged banks to properly coordinate and collaborate to tackle the issue of financial illiteracy to help cure the low level of understanding of finance in the economy. Read More

3 days ago

Absa Bank employees donate PPE to Senior Correctional Centre
Absa Bank employees donate PPE to Senior Correctional Centre

Employees of the Risk Function Unit at Absa Bank Ghana have donated essential items and personal protective equipment (PPE) to the Ghana Prisons Service’s Senior Correctional Centre, formerly known as the Borstal Institute for Juveniles, to support the Centre’s measures taken in the fight against COVID-19. Read More

3 days ago

Allianz Insurance and UBA forge bancassurance partnership
Allianz Insurance and UBA forge bancassurance partnership

Allianz Insurance, a subsidiary of global insurance giant Allianz Group, has announced a partnership with UBA Ghana to drive an innovative bancassurance strategy. Read More

3 days ago