uniBank Ghana Limited, the official Bank of the Black Stars last Friday hosted members of Avram Grant’s squad at their Esteem Banking Centre located at the Capital Place in Accra. Twenty six players of the team as well as Ghana Football Association president Kwesi Nyantakyi, coach Avram Grant and other Executive Committee members were taken … Read more
The Agricultural Development Bank (ADB) has officially listed on the Ghana Stock Exchange following the successful completion of its Initial Public Offer (IPO) on December 5. The bank’s listing makes it the 40th company and the fourth local bank to be listed on the Ghanaian bourse. The Agricultural Development Bank successfully raised about GHC325 million … Read more
FBNBank Ghana has scaled up its money transfer services with the introduction of TransFast Money, a global remittance service. Managing Director of the bank, Gbenga Odeyemi said the addition “is to present customers with a range of options when sending remittances for business transactions and to their families back home.” “According to the World Bank, … Read more
Management of Omni Bank has set an ambitious target for itself after successfully transitioning from a savings and loans company to a universal bank Thursday. The financial institution whose market share is currently 0.4 percent on Thursday rolled out its one- two- three strategy. Managing Director of the bank, Philip Oti Mensah said they are … Read more
HFC Bank has reaffirmed its commitment to reduce Ghana’s unbanked population by making banking more accessible. It follows the launching of the bank’s new branch in Bolgatanga in the Upper East region. The new branch is also the second to be established in the Northern zone after the Tamale branch. The General Manager in charge … Read more
THE GCB Bank Limited has set a credit of GH¢100,000 with no collateral for Small and Medium Enterprises(SMEs) to enable them to turn their businesses around. The package is under the GCB SME Loan Suite Scheme focused on growing SMEs into home-grown multinationals. Other facilities in the suite are bridge loan for all businesses requiring … Read more
The Ada Rural Bank made significant gains in assets growth, investments and deposit mobilisation between 2014 and 2015, posting a profit of 296,837 cedis which represented 72 percent over the 171,996 cedis made in 2014. Total assets increased by 31.3 percent from 10.9 million cedis to 14.3 million cedis as deposits grew by 35.6 percent … Read more
The flag bearers of the Progressive People’s Party (PPP), Dr Papa Kwesi Nduom, and that of the All People’s Congress (APC), Mr Hassan Ayariga respectively, have given different reactions to the Daily Graphic report that they have been invited by the Economic and Organised Crime Office (EOCO) to explain their sources of campaign funds. While … Read more
The Economic Community of West African States (ECOWAS) and the China Development Bank (CDB) are to enhance their cooperation towards yielding mutual dividends in the development of transport and maritime infrastructure, energy, agriculture and health. Conferring with a delegation from the CDB at the ECOWAS Commission in Abuja, on Wednesday, the ECOWAS Commission’s President, Marcel … Read more
The Association of Rural Banks have expressed fears that the increment in the Corporate Tax of rural and community banks is a threat to their survival. The Corporate Tax on these banks was raised from eight per cent to 25 per cent which came into effect this year by the New Income Tax Act 2015 … Read more