A foremost global rating agency, Fitch Ratings affirmed a stable outlook on the Foreign Currency, Long Term Issuer Default Ratings of UBA Plc's subsidiaries in Cameroon, Ghana and Senegal.
Societe Generale is the latest bank to join the campaign by banks which are taking steps to inculcate the habit of savings in the general public.
GCB Bank has successfully completed the full integration of the systems of the erstwhile UT and Capital banks to offer customers a wide network of some 183 branches across the country.
Customers of GCB Bank Limited are to benefit from the disbursement of more loans to finance their projects and personal needs under the Bank’s 24 Hour Personal Loan Scheme.
Ratings agency, Moody's is warning of some challenging times for commercial banks in the country this year in terms of decline in revenue.
JPMorgan Chase & Co (JPM.N) plans to expand its African presence into countries including Ghana and Kenya, Chief Executive Jamie Dimon said in an interview on Wednesday.
The amount of money mobilized outside the banking system through mobile money reached record GH¢2.3 billion ending December 2017, according to data from the Bank of Ghana.
The Ghana Association of Bankers has indicated that it has begun work with the Bank of Ghana, BOG, on a new framework to guide lending rates in the country.
The IFS Financial Services Chief Executive Officer has implored the Central Bank to build a more resilient financial system by restoring confidence in the Banking sector.
Latest data from the Central Bank on interest rates showed that the cost of credit witnessed marginal decline from January to November this year.
The largest shareholder of the Agricultural Development Bank (adb), Belstar Capital is working to sell its shares in the bank.
Shareholders of Access Bank Ghana, have approved a capital raising exercise worth ¢450 million at an Extraordinary General Meeting held on Tuesday in Accra.
One of Ghana's most stable indigenous banks, Unibank, is to obtain a colossal amount of over GHS700 million.
The Second Deputy Governor of the Bank of Ghana, Dr Johnson Asiama, is in the process of resigning from the Bank.
Ghana Home Loans now GHL Bank is promising to change the way construction and mortgage financing is done in the country as it formally begins operations Wednesday.
The Vice President, Dr Mahamudu Bawumia has said that government in 2018 would ensure that every Ghanaian has a bank account.
Access Bank will be seeking shareholders’ approval to embark on a rights issue to raise up to ¢300 million.
Pan-African financial institution, United Bank for Africa (UBA) Plc has once again proven its leadership on the continent, as the Banker Magazine crowned UBA the “African Bank of the Year 2017”.
Ecobank, the leading pan-African banking group, has won “Bank of the Year” awards in five of its countries of operation.
Governor of the Central Bank has indicated that five banks have met the new minimum capital requirement of ¢400 million even before the deadline.
The Monetary Policy Committee of the Bank of Ghana has cut the policy rate by 100 basis points to 20 percent from 21 percent.
The Finance Minister has confirmed that government is working to merge adb and NIB in the creation of the National Development Bank.
Government has ruled out the creation of a new financial institution despite proposing the establishment of a new National Development Bank.
Banks and their customers will need to transform to make the recapitalisation exercise worthwhile.
The National Investment Bank (NIB) has donated ¢66,950 to the KMA in support of its recently launched Street Tree Planting Project toward the beautification of the Kumasi City.
Omni Bank said it has obtained five potential investors who will help it meet the Bank of Ghana’s new minimum capital requirement for banks ahead of the December 2018 deadline.
Chief Executive Officer of Anthemis - an investment and advisory firm focused on digital financial services, Nadeem Shaikh, has said banks have to get comfortable with the fact that they are good at some things and bad at others.
Standard Charted Bank is set to send its customers to Anfield, Liverpool on a fully sponsored trip as part of the football club’s 125th-anniversary celebration.
Chief Executive Officer of UBA Ghana, Abiola Bawuah, has been adjudged Finance Personality of the Year at the maiden edition of the Ghana Accountancy and Finance Awards in Accra.
Some of the country’s distressed banks have swung back into what can be described as “disturbing” financial distress.
HFC Bank Ghana, a subsidiary of Republic Financial Holdings Limited has announced a special loan package at a low-interest rate.
Access Bank plans to pursue organic growth in Ghana rather than mergers or acquisitions after the central bank raised the minimum capital requirement for lenders in the West African country, its group chief executive said on Tuesday.
Bayport Financial Services has merged with CFC Savings & Loans to operate as Bayport Saving and Loans PLC to provide better services to their customers.
Atwima Kwanwoma Rural Bank increase shareholder dividend amidst increased corporate tax
Energy Bank has been rebranded to Energy Commercial Bank to enable it to offer full-service as a commercial bank.
Stanbic Bank Ghana Limited has designed a system to address revenue leakage at the Korle Bu Teaching Hospital believes to be a major challenge.
Upcoming bankers have been urged to adhere to professional ethics and improve customer care services for the advancement and success of financial institutions.
Firms operating in the securities and capital market are set to have their minimum capital requirement increased.
Access Bank Plc has announced its intention to inject additional capital into the Bank’s operations in Ghana before the end of Q1 in 2018 after all regulatory requirements are fulfilled.
The nation’s leading mortgage provider, Ghana Home Loans has pledged to play a leading role in pioneering the implementation of EDGE certification in the local construction industry.
The First National Bank has introduced a new payment system that allows customers to transfer money to one another within the same geographical location.
Ghana’s banks face a daunting race to meet new capital rules by the end of next year.
The Managing Director of Energy Bank has kicked against segmentation of the minimum capital requirement directive for commercial banks by the Bank of Ghana (BoG).
When we think of banks, we typically have in mind our local bank branch that stores deposits and issues personal or business loans. Prima facie there is nothing wrong with this image.
Fidelity Bank has held its second draw of the 10x Richer Promo to reward five lucky customers in the Ashanti regional capital, Kumasi.
The Governor of the Bank of Ghana (BoG) has justified the decision for all commercial banks to have a minimum capital level of ¢400 million by December 2018.
The Monetary Policy Committee (MPC) of the Bank of Ghana (BoG) has kept its policy rate of 21 percent unchanged.
There is no doubt that the banking industry plays a very formidable role in any economy and for it to thrive, it must have a robust system that is well supervised and regulated.
First Atlantic Bank has announced it has finalized an agreement with Advanced Finance & Investment Group (AFIG Funds), for an investment in the Bank.
Stanbic Bank Ghana will on September, 26, launch the world’s leading economic indicator, the Purchasing Managers’ Index (PMI).
The Bank of Ghana has made key changes to various heads of department positions as well as also merge some units.
The Managing Director and Chief Executive Officer of Energy Bank Ghana, Christiana Ekaete Olaoye has received another award for being among the Top 50 Corporate Women Leaders in Ghana in 2016.