The Sekyere Rural Bank Limited at Jamasi in the Sekyere South district of Ashanti Region has posted an impressive operational performance for the 2019 year under review.
The bank recorded a profit before tax of approximately GH¢1.5million in the reviewed year, compared with a little over GH¢1.17million the previous year,...
Analyst says outlook still positive
It would have ordinarily been expected that at this moment the local currency would be fast depreciating against the US dollar, considering the current politically-tense atmosphere following the December 7 general election; however, an analysis of the two currencies shows the cedi has remained...
Misfortune can take many shapes or forms throughout an individual’s lifespan. It can be the loss of property through fire or burglary, premature death, loss of or damage to vehicle through vehicular accident, injury or disability through vehicular accident etc.
In many instances, the aftereffects of these misfortunes cannot be...
Kaaseman Rural Bank Limited at Sefwi-Kaase in the Bia East district of the Western Region has posted satisfactory growth across performance indicators during the 2019 fiscal year under review.
The bank recorded margin increases in areas such as total assets, advances, investments and deposits; while reserves, profit and shareholders’ funds...
Dr. Ernest Addison, Governor of the Bank of Ghana, has said the Bank is working with the industry to build a resilient and sound banking sector capable of weathering the COVID-19 storm in order to quicken economic recovery.
The Governor, who is promising proactive measures to pre-empt potential risks in...
Records further loss of US$4.3m in 2019
Shareholders still awaiting dividends after many years
Cocoa Processing Company (CPC) Limited hopes to take advantage of the African Continental Free Trade Area (AfCFTA) agreement to turn around the ill-fortunes which have beset the company for many years - leading to the...
Absa Bank Ghana has launched a special Christmas discount campaign known as ‘12 Days of Cardmas’ for customers who use the Absa Vertical Cards to make payments at selected partner outlets during this festive season.
The promo started December 11 and will see Absa customers enjoy up to 40% discount...
The Kumawuman Rural Bank Limited at Kumawu in the Sekyere Afram Plains District of Ashanti Region is strategizing to embark on aggressive deposit mobilisation drive after the financial sector clean up to build strong capital base and reserve.
The bank is also seeking to pursue liquidity as an immediate measure...
Parliament has passed into law, the Anti-Money Laundering Bill, 2020 to address strategic deficiencies identified in the country’s anti -money laundering regulatory framework.
Among other things, the law will grant supervisory mandate to the Financial Intelligence Centre to provide for an effective, proportionate and dissuasive sanctions regime for various money...
Economist call for more public investment into the sector
Despite the coronavirus pandemic’s impact hammering various sectors of the economy and sending it into a recession as it has recorded contraction in two straight quarters, the informal sector came out stronger, recording impressive growth, thereby, making a case for...