Ecobank, the leading Pan-African Banking Group, has been named ‘Best Trade Finance Bank in West Africa’ at the prestigious Global Trade Review’s Leaders in Trade awards. The award comes as recognition of Ecobank’s solutions for domestic and regional supply chain financing across key trade corridors as well as the bank’s arranger roles and participation in key soft commodities campaign financing...
Prudential Life Insurance Ghana, one of the leading insurers in the country, has appointed Dr Hazel Berrard Amuah as Chief Executive Officer. She replaces Emmanuel Mokobi Aryee, who has been appointed Regional Chief Executive Officer for East, Central, West and Southern Africa, overseeing our Ghana, Nigeria, Zambia, Kenya and Uganda businesses. Before his appointment, Mr. Mokobi had led Prudential Life Insurance...
As part of measures to embrace opportunities available in the payments and financial space, Access Bank has brought together industry stakeholders to review the bank’s payment strategy in relation to global trends and available opportunities at a workshop. The workshop on the theme ‘Open, Secured and Connected Payment Systems – The Future for Banks’ saw seasoned professionals from the Fintech,...
The issue of private-sector lending continues to remain a problem as stakeholders in the banking sector have expressed worry about the high cost of borrowing for the actors in the private sector. Managing Director of the National Investment Bank, Samuel Sarpong, in interaction with Citi Business News, attributed the crowding out of private-sector lending to the high demand for financing...
Staff of Banks and other Specialised Deposit-Taking Institutions involvement in fraud, constituted 53.46% of total fraud cases in 2021, a report by the Bank of Ghana has noted. This canker continued to increase in the year under review. Statistics indicate that staff involvement in fraud cases increased to 278, as compared to 253 in 2020, representing an increase of 9.88% in...
