Stanbic Bank Launches New Policy
Stanbic Bank Ghana, has launched its wealth investment management unit to provide personalised solutions and investment prospects to Ghana’s High-Net-Worth Individuals (HNWI). Mr. Benjamin Mensah,...
Tag: Alhassan Andani
Economy Will Emerge Stronger After Elections
The Chief Executive of Stanbic Bank Ghana, Alhassan Andani, has assured foreign investors that the Ghanaian economy will emerge resolute after the 2016 Elections because of the nation's impressive...
Issuing Local Dollar Bond Must Be Measured- Economist Warns
As the contention between some bankers and the Finance Minister continue over the issuance of local dollar denominated bond, Economist, Dr. Eric Osei-Assibey has warned that issuing such bonds must...
Stanbic Bank To Provide Farmers Easy Access To Credit
Stanbic Bank has reiterated its commitment to give farmers easy access to loan facilities to help them adopt better technology, and to buy better quality seeds and fertilizers. Over the years,...
Banks Unhappy With Local Dollar Bond
Commercial banks are worried government is competing with them for dollars locally, following the successful issuance of the first domestic treasury dollar bond, which raised some US$94.6 million....
Elections Pose No Major Risks But IMF Thinks Otherwise
The December 7 elections do not pose any major risks to Ghana’s economic rebalancing or its ability to implement the economic stabilisation and reform programme backed by the International Monetary...
Stanbic Wins CIMG Marketing Oriented Company of the Year Award
Stanbic Bank has been adjudged ‘The Marketing Oriented Company of the Year 201’ by the Chartered Institute of Marketing Ghana (CIMG) at the Institute’s 27th awards ceremony held in Accra. The...
Initial FDI Transfers Soar
The Ghana Investment Promotion Centre (GIPC) has recorded a total of 51 projects valued at US$1.45 billion in the second quarter of the year, with a foreign direct investment (FDI) component valued...
Investors Urged To Explore West African Markets
Investors across the globe have been urged to explore the large pool of opportunities in the West Africa sub-region. According to Senior Partner and Head of PricewaterhouseCoopers (PwC) Ghana, ?Mr...
Restructuring of VRA Legacy Debts On Course
The Ghana Association of Bankers (GAB) says the ongoing restructuring of Volta River Authority (VRA) legacy debts on the books of some local banks is on course. The process would show a reduction of...
Structure SMEs Well To Secure Funding From Banks – Andani
If Small and Medium-sized Enterprises (SMEs) want banks to trust them with people’s monies, they must formalise their operations and put the necessary structures in place, Alhassan Andani, Managing...
Banks Can’t Absorb US$1.8billion Cocoa Loan Inflow
Banks have admitted their inability to take the entire US$1.8 cocoa loan at once, an admission that supports moves by the central bank to delay direct transfers of the loan into the banking sector...
BoG Boss Assures of Positive Banks’ Performance
The Governor of the Bank of Ghana (BoG), Dr Abdul Nashiru Issahaku, has given the strongest indication that with the debt owed to commercial bank by the Volta River Authority (VRA) now partly...
Abide By Escrow Account Rules
The Ghana Bankers Association has appealed to power companies to abide by rules governing the Escrow Account with the Bank of Ghana (BoG) to prevent a future Legacy Debt in the power sector. The...
Terkper Courts IMF With Legacy Debt Deal
Finance Minister Seth Terkper has expressed hope that a milestone agreement reached with creditors over VRA’s debts will be enough to ease holdup in discussions with the International Monetary Fund...
Gov’t Clears GHS250m Out of GHS4.4bn Energy Debt
The Ministry of Finance, the Bank of Ghana (BoG), and the Ghana Bankers Association have announced plans to pay the legacy debt owed in the power sector. According to the Ministry of Finance,...