Banking/Finance
International banks eyeing long-term growth in Egypt
A large, underbanked market makes Egypt an appealing prospect for financial institutions looking for long-term growth, although the effects of ongoing economic and political uncertainty are weighing on some lenders. On April 1, the international press reported that Barclays, the UK’s second-biggest bank by assets, planned to increase its presence More...
StanChart Records Remarkable Growth Of 30% For 2012
Standard Chartered Bank says it will build on its sterling financial performance in 2012, continuing with strong execution of its resilient business model. The Bank achieved a year-on-year income growth of 30 per More...
UT Bank Gets Approval For A $20m Trade Credit From AfDB
The African Development Bank (AfDB) has agreed to provide Ghana’s UT Bank a $20 million trade finance line of credit. The Bank’s Board of Directors approved the credit May 22, 2013. According More...
President Ask Ghana Commercial Bank To Support Start-up Businesses.
President John Mahama President John Dramani Mahama has asked the Ghana Commercial Bank (GCB) to design innovative financial products to help the private sector, particularly the youth, in their start-up businesses. He More...
Bank of Ghana Examines Merchant Bank Deal
Dr Kofi Wampah The Bank of Ghana (BoG) says it is examining the merger between FirstRand Bank of South Africa and Merchant Bank Ghana to ensure that all stakeholders, including government, which holds trust for More...
Bank of Ghana To Maintain Prime Rate
Dr Kofi Wampah Bank of Ghana (BoG) is expected to maintain the Prime Rate, the rate at which it lends to commercial banks today. Analysts have predicted that the Central Bank would not change the policy rate, More...
Investor Interests Moves Hope City Project To Prampram
The construction site for Africa’s biggest technology park by rlg ,HOPE CITY has now been shifted to Prampram from the initially planned Donkonaa, an area between Weija and Kasoa. The change is to satisfy More...
GTBank Opens Makola Branch
Guaranty Trust Bank (Ghana) Limited, in a bid to make its services readily available and within walking distances in the central part of Accra, opened another branch at the Makola Shopping Mall last week to compliment More...
uniBank begins 24-hr banking service
uniBank Ghana Limited has launched its “esteem banking”, a 24-hour banking service to offer personalised financial solutions to customers. Mr. Isaac Palomeras, Head of Retail Banking at the bank, said the “esteem More...
ADB And VLA Launch ‘Abusua Anidaso’
Stephen Kpordzih, MD of ADB in a handshake with Fiifi Simpson, MD of VLA during the launch Agricultural Development Bank (ADB), as part of its strategic plan of pursuing a retail banking strategy and introducing More...
