Almost everyone has experienced the dreaded feeling when they go broke a few weeks after receiving their salaries. The reason for feeling this way is simple, says Nana Dwemoh Benneh, Head, Personal and Business Banking, Stanbic Bank. This feeling, is as a result of our inability to thoroughly track our expenses. “The plain truth is … Read more
The President of the Ghana Bankers Association, Mr Alhassan Andani, has called on the government to put in the right measures to address the depreciation of the local currency the cedis. He explained that until the fundamentals of Ghana’s economy were strengthened, the cedi would continue to depreciate in value against the major foreign currencies … Read more
The government has settled GH¢588 million of the GH¢2.4 billion indebtedness of the Volta River Authority (VRA) to local banks and its suppliers. This was after an initial deposit of GH¢250 million and two quarterly payments of GH¢169 million in the last quarter of 2016 and the first quarter of 2017. The government last year … Read more
Stanbic Bank Ghana has relaunched its executive banking package, Stanbic Executive Banking, for its customers in a bid to address their concerns and make the package more beneficial to the clients. The relaunch is as a result of the introduction of new and improved offers under this package based on the feedback obtained from the … Read more