In a show of support towards activities for the 60th Independence Anniversary celebrations, Access Bank Ghana last week presented an amount of GHs 500,000 to the “Ghana 60 Anniversary Committee” at the Black Stars Square in Accra. The presentation, which is in response to calls by the President Nana Akufo-Addo for the private sector to … 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
The latest data on Annual Percentage Rates (APR) of interest charged on loans and credit advances and the Average Interest (AI) paid on deposits by banks released by the Bank of Ghana revealed that the industry average base rate as at February 28, 2017, was 26.9 per cent. This saw a drop of 0.7 percent … Read more
The High Network of Wealthy Individuals (HNWI) in Ghana is expected to grow by 80% in the next 10years reaching 5,200 individuals in 2026. This is according to the “The Wealth Report 2017”, a global perspective report on prime property and investments put together by Knight Frank. The report which was launched for the first … Read more
The average interest offered by banks on customer deposits has dropped by about 2.5 percent between January and February this year. The figure declined from 11.9 percent as at end of January 2017 to 11.6 percent as at end of February; the latest Annual Percentage Rates (APR) and Average Interest (AI) report by the BoG … Read more
South Korean President Park Geun-Hye is one of a long list of world leaders to have gone through an impeachment process or forced to resign following legal proceedings against them. Not all impeachment proceedings are successful: The best-known survivor is probably former US president Bill Clinton, who remained in office despite an attempt to remove … Read more
I want to celebrate the New faces of telecommunications’ players in Ghana – they are SMART, they are EXPERIENCED, and they are FIERCE. Above all THEY ARE WOMEN making waves in this traditionally male dominated sector. A couple weeks ago, I had the honor of attending a historic event organized by the Ghana Chamber of … Read more
This International Women’s Day I want to celebrate the New faces of telecommunications’ players in Ghana – they are SMART, they are experiencing, and they are fierce. Above all, they are women making waves in this traditionally male-dominated sector. A couple weeks ago, I had the honor of attending a historic event organised by the … Read more
The Managing Director of Access Bank (Ghana) Plc, Mr. Dolapo Ogundimu, has been voted the “Most Reputable Ghanaian Bank CEO” in a ranking poll led by South African based Reputation Management Agency, Reputation Poll and leading PR and Rating Agency, Avance Media. The ranking poll which featured all 34 distinguished leaders of Class 1 Banks … Read more
Dolapo Ogundimu, CEO of Access Bank Ghana, has been voted the Most Reputable Ghanaian Bank CEO in a ranking poll led by South African based Reputation Management Agency, Reputation Poll and leading PR and Rating Agency, Avance Media. The ranking poll which featured all 34 distinguished leaders of Class 1 Banks in Ghana, had Mr. … Read more
A project to promote financial inclusion through a broader uptake and usage of mobile money payments and related financial services for farmers in the Northern, Upper East and Upper West Regions has been launched. Funded by Alliance for a Green Revolution in Africa (AGRA), the project dubbed Smallholder Financial Inclusion Project (SFIN), would ensure improved … Read more
Barclays PLC is to disinvest its controlling interest in the Barclays Africa Group after four years of joining hands with ABSA Group to form one of the most respected financial institutions in the continent. In what could best qualify for a divorce note, Barclays PLC, a UK-based financier, announced on February 23 that it had … Read more
Joshua Alabi, former Vice-Chancellor of the University of Professional Studies, says tertiary education must be accessible to everyone since it is a right. The former Chancellor made the call when he delivered a paper at the 3rd Baraka Policy Institute Public lecture held at the Ghana Academy of Arts and Science. According to him, it … Read more
A banking and finance expert, Dr. Laud Mensah has allayed fears the pulling out of Barclays PLC from Africa could trickle down to other banks. Barclays Africa Group agreed to terms for operational separation with UK-based Barclays PLC, which is reducing its shareholding in Barclays Africa. The agreement is however expected to unlock opportunities for … Read more
A banking and finance expert, Dr. Laud Mensah has allayed fears the pulling out of Barclays PLC from Africa could trickle down to other banks. Barclays Africa Group agreed to terms for operational separation with UK-based Barclays PLC, which is reducing its shareholding in Barclays Africa. The agreement is however expected to unlock opportunities for … Read more
Barclays PLC has submitted an application to the South African Reserve Bank for approval to reduce its stake in Barclays Africa to below fifty percent. The application will require the approval of South Africa’s Minister of Finance. Already Barclays PLC has agreed to pay 765 million pounds to Barclays Africa for it to split from … Read more
Barclays has reached agreement with its African subsidiary about the details of their divorce, a key step before the British bank can sell more shares in its Johannesburg-listed offshoot. Two people briefed on the matter said Barclays and its South African subsidiary were awaiting approval for the agreement from local regulators. Analysts have estimated that … Read more
The latest Annual Percentage Rates (APR) and Average Interest (AI) report by the Bank of Ghana has shown that Unibank still leads as the bank with the most expensive rate on vehicle loans. For three consecutive times, Unibank’s rate on your car loan has hit 45.5 percent from the 40.8 to 45.8 percent as at … Read more
The latest Annual Percentage Rates (APR) and Average Interest (AI) report by the Bank of Ghana has shown that Unibank still leads as the bank with the most expensive rate on vehicle loans. For three consecutive times, Unibank’s rate on your car loan has hit 45.5 percent from the 40.8 to 45.8 percent as at … Read more
The latest Annual Percentage Rates (APR) and Average Interest (AI) report by the Bank of Ghana has shown that Unibank still leads as the bank with the most expensive rate on vehicle loans. For three consecutive times, Unibank’s rate on your car loan has hit 45.5 percent from the 40.8 to 45.8 percent as at … Read more