Ghana and Chelsea defender Baba Rahman is a target for newly promoted side Newcastle United. Rahman is in the final phase of his recovery and should be ready for the start of next season. Rahman has a running contract with Chelsea that ends in 2020 and has attracted interest from Dormund and Scchalke who are … Read more
BESSFA Rural Bank Limited in the Garu District of the Upper East Region, has been named the overall best performing rural bank at the maiden edition of the Northern Investor Awards night held in Tamale. Fifty-six distinguished entrepreneurs, investors, social enterprise organisations and personalities in Northern Ghana, were honoured at the event which attracted business … Read more
Barclays says its profits more than doubled in the first three months of the year, boosted by better performance across the board. Pre-tax profit for the first quarter was £1.682bn, up from £793m for the same period last year. Chief executive Jes Staley said it had been “another quarter of strong progress towards the completion … Read more
Ghana Football Association (GFA) has sealed a four-year sponsorship deal with electronic and home appliances firm, Electroland Ghana Limited, to sponsor the Ghana Premier League (GPL). With just three matches to end the first round, the deal is set to reward the best performing players and coaches in the league with appliances from Nasco, part … Read more
The average interest rate for mortgage loans among commercial banks reached 33.8 percent in March 2017. The figure recorded a 2 percent increase as compared to the 33.6 percent recorded at the end of February 2017. According to the Bank of Ghana’s Annual Percentage and Average Interest report, GCB Bank still offers the highest interest … Read more
The average interest rate for mortgage loans among commercial banks reached 33.8 percent in March 2017. The figure recorded a 2 percent increase as compared to the 33.6 percent recorded at the end of February 2017. According to the Bank of Ghana’s Annual Percentage and Average Interest report, GCB Bank still offers the highest interest … Read more
The president of the Ghana Bankers Association Alhassan Andani has warned that the controversies surrounding the 15-year domestic bonds issued recently by the government could spell doom for the economy. The minority at a press conference Tuesday April 18, 2017 accused Mr. Ofori-Atta [the Finance Minister] of conflict of interest in the issuance of the … Read more
The industry average for vehicle loans has however dropped from 35 percent in February to 34.2 percent in March 2017, the latest Annual Percentage Rates and Average Interest report by the Bank of Ghana has shown. The report however shows that GCB Bank offers the highest rate on vehicle loans at 40.3%. Bank of Baroda … Read more
Stanbic Bank Ghana has launched a new campaign designed to encourage a habit of savings among Ghanaians. Dubbed “Save to Gain”, it is a national savings campaign intended to improve savings culture, financial inclusion and economic growth and prosperity. The campaign encourages clients and prospective clients to sign up for the Pure Save Account, a … Read more
The average interest offered by banks on customer deposits has dropped by about 0.4 percent between February and March this year. The figure declined from 11.6 percent as at end of February 2017 to 11.2 percent as at end of March; the latest Annual Percentage Rates (APR) and Average Interest (AI) report by the BoG … Read more
Antoine Griezmann is the most in-demand player in world football and could challenge his compatriot and friend Paul Pogba for the world transfer record this summer. The Frenchman has most strongly been linked to Manchester United in a deal that, if it does materialise, is likely to be worth €100 million. But how did Griezmann … Read more
Stanbic Bank Ghana says growth rate for the Ghanaian economy is not expected to go beyond 6%, a rate which is 0.3% lower than government’s projected 6.3%. Speaking at the 2017 Forex Risk Management at Movenpick Ambassador Hotel in Accra, Regional West Africa Economist of Stanbic bank, Ayomide Mejabi asserted that growth of the Ghanaian … 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
The president of Ghana Bankers Association, Alhassan Andani has cautioned that until the fundamentals of Ghana’s economy are strengthened, the cedi will continue to depreciate in value. Mr. Andani who is also the Managing Director of Stanbic Bank Ghana argued that the continuous dependency on imports at the expense of exports will continue to put … Read more
The president of Ghana Bankers Association, Alhassan Andani has cautioned that until the fundamentals of Ghana’s economy are strengthened, the cedi will continue to depreciate in value. Mr. Andani who is also the Managing Director of Stanbic Bank Ghana argued that the continuous dependency on imports at the expense of exports will continue to put … 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
The 60 Days Challenge of 3FM’s FAT2FIT Season III came to a climax on March 18 at the Aviation Social Center. The great fitness journey, which commenced on January 15 had about 150 participants sign up to challenge themselves to lose weight and build a healthy lifestyle as well. The event started at 5:40am with … Read more
Average interest rate on agricultural loans by banks has increased marginally to 33.2 percent as at the end of February this year, the Bank of Ghana’s Annual Percentage Rate and Average Interest report has shown. The report also shows that First Atlantic Bank offers the highest agric loans at 41.2 percent. But Standard Chartered Bank … Read more
Stanbic Bank Ghana has donated an amount of ten thousand Ghana cedis (¢10,000) to the Students’ Aid Fund (SAFund) of the Students’ Representative Council (SRC) of the Ghana Institute of Journalism (GIJ). The donation on Wednesday, March 16, 2017, was in fulfillment of a promise made by Mr. Alhasaan Andani, the Managing Director of Stanbic … Read more
The average interest on vehicle loans offered by commercial banks has reached 35 percent as at the end of February this year; the latest Annual Percentage Rate (APR) report by the Bank of Ghana has shown. This represents 2 percent increase compared to the 34.3% recorded as at the end of January 2017. The Annual … Read more