The ARB Apex Bank has commenced a programme to introduce mobile banking to all its customers to enable them to enjoy the freedom of banking from the convenience of their phones wherever they may be. The initiative is to help member banks compete favourably with the major telecommunication companies and Financial Technology (FINTECH) firms in the provision of mobile money...
The Managing Director of GCB Bank, Mr. Kofi Adomakoh, has called for a paradigm-shift within the financial sector to create long-term value for businesses without sacrificing environmental needs. He made this appeal at the Business Conference organised by Stanford Seed Transformation Network, Ghana. Speaking as a guest at the event held at Marriot Hotel, Accra, on Thursday, October 21, 2021,...
Ghana’s banking sector remains one of the most attractive on the continent for investors, the Bank of Ghana (BoG) has said. According to the BoG, the presence of Pan-African Banks like First Bank-Nigeria and international banks in the country are testimonies to that. The Second Deputy Governor of the BoG Ms. Elsie Addo Awadzi said this at the 25th-anniversary gala dinner...
Second Deputy Governor of the Bank of Ghana (BoG), Mrs Elsie Addo Awadzi has said Ghana’s banking sector remains one of the most attractive on the continent for investors. She said the presence of pan-African banks like First Bank Nigeria and international banks here is testimony to that. She noted the sector sector is stable, profitable, and resilient, supported by an enabling macroeconomic...
Delivering his address at the FBNBank@25 Gala Dinner held in commemoration of the 25th-anniversary celebrations of FBNBank Ghana, Dr Adeduntan indicated that “banking has remained a game-changer for West Africa since the 1890s when it was introduced into the sub-region”. He said that “Through the introduction of banking, we have enjoyed benefits like the monetisation of our economies, improved trade,...
…sees moderate growth prospects in financial, OMC and FMCG sectors The primary equity benchmark, the Ghana Stock Exchange’s Composite Index (GSE-CI), is expected to close the year at around the 2,817 points mark, reflecting a year-end return of 45%, according to figures contained in research published by indigenous investment bank, Databank, in its outlook for the final quarter of the...
The Chief Executive of the Ghana Interbank Payment and Settlement System (GhIPSS), a subsidiary of the Bank of Ghana, Mr. Archie Hesse, has called for increased education and active usage of available cashless payment solutions to help reduce the number of robbery attacks on persons carrying huge sums of cash. There has been an uptick in the number of armed...
The Dalex Finance and Leasing Company Limited has appealed to government to give financial institutions confidence in lending to the private sector. Mr Kenneth Kwamina Thompson, Chief Executive Officer of Dalex Finance, noted that financial institutions in Ghana were ready and willing to lend to individuals and businesses particularly Small and Medium-sized Enterprises (SMEs). He said it was unfortunately that there...
