We hereby bring to the notice of the general public, a publication of the list of persons having accounts with Absa Bank Ghana LTD that have not been operated for a minimum of five (5) years and are classified as dormant, in accordance with the Banks and Specialized Deposit-Taking Institutions Act, 2016 (Act 930). The […] The post Absa Unclaimed and Dormant Account 2024
Togbe Afede XIV, the Agbogbomefia of the Asogli State, has strongly criticised the recent decision by the Bank of Ghana (BOG) to reduce the policy rate from 30% to 29%, describing it as nothing more than a “big joke.” The BOG’s Monetary Policy Committee (MPC) announced this cut on January 29, 2024, with Togbe Afede […] The post BoG’s 1% policy rate cut
By Prof. Samuel Lartey In the annals of human progress, each epoch witnesses the emergence of tools and technologies that redefine societal structures, from transportation and agriculture to administration and education. Today, Artificial Intelligence (AI) stands at the forefront of this evolutionary march, particularly in the domains of education, research, and development. While some view […] The post
The Chief Executive Officer of the Consumer Protection Agency, Kofi Kapito, says the government does not regard the safety and well-being of citizens, hence the several malfunctioning streetlights in Accra. This comes on the back of recent reports of multiple non-functioning streetlights dotted across major streets of the capital. Parts of the La Beach Road […] The post Kofi
Barbara Okai-Tettey, Senior Compliance Manager at Stanbic Bank Ghana has emphasized the need for collaboration between the financial service industry and regulators to enhance the evolving use of AI in transaction monitoring. She made this statement at ‘The Fintech & Banking Event’ hosted by fintech software company, ThetaRay, at the Kempinski Hotel Gold Coast City, […] The post
By Effie AMISSAH The banking industry underpins the financial services industry in the country. Regulated by the Bank of Ghana, the industry provides an avenue where cash, credit and other financial transactions for both individuals and businesses are accessed. According to the 2023 Price Water House Coopers Banking Survey Report, the banking industry contributed GHC16.21 […] The post The
Opportunity International Savings and Loans Limited (OISL) has launched its 20th anniversary celebration on the theme ‘20 Years of Transforming Lives’, in Kumasi. Licensed by the Bank of Ghana in June 2004, OISL operates in 10 out of the 16 regions in Ghana, providing innovative financial products and services to bring clients at the base […] The post OISL
The Jospong Group of Companies (JCG) has entered into agreement with the Lagos State Government through the Ministry of Environment and Water Resources to build waste treatment plants in Lagos. The integrated waste treatment facility will help to transform the environmental situation of Africa’s most populous city. The landmark agreement was formalized with the signing […] The post
By Chen WENLING Western media has frequently adopted a pessimistic stance towards the Chinese economy. These narratives reveal the underlying pressure and apprehension certain Western countries experience in the realm of economic competition. By downplaying China’s economic prowess, their objective is to undermine China’s global standing and influence. Nevertheless, these portrayals often fail to acknowledge the […] The post
In today’s dynamic financial landscape where borders are increasingly blurred and customer demands transcend local confines, only institutions with a forward-thinking global perspective can truly thrive. Fidelity Bank, Ghana’s foremost privately-owned bank, exemplifies this ethos, consistently surpassing local standard while making its mark on the global stage. Seamless banking solutions for a connected world At […] The post
By J. N. Halm One of the most interesting aspects of living in a world that is virtually being run by technology is the new terms that pop up now and then. With each idea, concept, or practice comes a new name. With each new gadget comes a different terminology, a term that becomes a […] The post Showrooming vs. Webrooming: New trends in customer engagement
The Group Managing Director (GMD) of UBA Group, Mr. Oliver Alawuba, recently paid a working visit to the Governor of the Bank of Ghana, Mr. Ernest Addison, in a meeting that underscored UBA’s commitment to regulatory compliance and strategic expansion in Ghana and beyond. Mr. Alawuba assured Governor Addison that UBA would continue to adhere […] The post Governor
In a surprising turn of events, Majority Leader Osei Kyei-Mensah-Bonsu has tendered in his resignation with immediate effect, prompting anticipation of a significant reshuffle within the majority parliamentary leadership of Read More... The post Breaking
Former Ghana’s Black Stars Captain, Asamoah Gyan Aka Baby Jet has been given a role to put together a manifesto in the field of Youth and Sports for the flagbearer Read More... The post Asamoah Gyan Heads Youth And Sports Committee
Social media influencer, Mona Faiz Montrage, widely known as Hajia4Reall, has pleaded guilty in a $2 million romance scam case, according to the United States Attorney’s Office website. The plea Read More... The post Hajia4Reall Pleads Guilty In $2m Romance
By Raghuram G. Rajan & Viral V. Acharya Almost a year after the mini banking crisis in the United States, it is worth revisiting the episode. Was it just a tempest in a tea-cup? Was there really a systemic threat, or was it just a problem with a few banks? Should the interventions by the […] The post The danger of forgetting the 2023 banking crisis appeared
The value of loans granted by financial institutions fell by 54.9 % in the last quarter of 2023. The total amount of secured loans registered by banks and Specialized Deposit-Taking Institutions (SDIs) stood at almost GH¢5.9 billion compared to the GH¢13.2 billion in the same period of 2022. This huge decline of GH¢7 billion in […] The post Total value of secured loans
Homeownership is one of the most rewarding experiences in one’s lifetime. It is an important decision to make and requires the right type of financing options to suite the purpose. Buying your first home has been made easy through Republic Bank’s Home Purchase products. Existing homeowners can also take a mortgage to renovate, expand, release […] The post OutStandingBrands24:
Sekyere Rural Bank Plc has over the past four decades held certain corporate values of achieving an excellent relationship with customers and giving the best to shareholders. These values have been at the forefront of the bank’s operations and forms part of the fundamental element on which the bank was established. Since its establishment, the […] The post
…the front desk executive “People perform best and deliver the best customer service when they like what they do.” Author Unknown The front desk of many financial institutions are manned by pleasant looking ladies and gentlemen, yet despite the external beauty, some of them are not experienced enough to meet the requirements of the job. […] The post
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