BoG Sets GHc200m Capital For Banks
The Bank of Ghana is set to increase the minimum capital of banks from GH¢120 million to GH¢200 by July this year, following extensive engagements with stakeholders in the financial sector. This is...
Tag: Fidelity Bank
Average Deposit Rate Increases Marginally; Stanchart Still Offers Lowest Rates
The average interest offered by banks on customer deposits increased by 1 percent between March and April 2017. According to the latest Annual Percentage Rates (APR) and Average Interest (AI) report...
Fidelity Bank Holds 10th Anniversary Grand Ball
The largest privately owned Ghanaian Bank in Ghana, Fidelity Bank has treated its customers and partners to a grand ball as part of its 10th Anniversary Celebration. The Grand Ball which was attended...
MTN Cautions Against Giving Mobile Money Pin Code To ‘fake Staff’
MTN Ghana’s Head of Mobile Money, Eli Hini, has cautioned customers against giving out their Mobile Money PIN code to persons who call them on phone and claim to be a staff of the company. He was...
BoG Moves To the Rescue of Banks
All banks in the country have been directed by the Bank of Ghana (BoG) to strictly comply with recommendations from a recent Asset Quality Review (AQR) exercise conducted by the Bank. The findings...
Implement Findings of AQR Exercise – BoG Orders Banks
The Bank of Ghana (BoG) has directed all banks to strictly comply with its recommendations from a recent Asset Quality Review (AQR) exercise conducted by the bank. The findings which have been...
Implement Findings of AQR Exercise
The Bank of Ghana (BoG) has directed all banks to strictly comply with its recommendations from a recent Asset Quality Review (AQR) exercise conducted by the bank. The findings which have been...
SSNIT Organises Workshop For Staff
SOCIAL Security and National Insurance Trust (SSNIT) has held an employers’ workshop on online contribution report (CR) submission and payment through the banks. It is to train more employers in...
Mortgage Interests Increases To 33.8% In March
The average interest rate for mortgage loans among commercial banks reached 33.8 percent in March 2017. The figure recorded a 2 percent increase as compared to the 33.6 percent recorded at the end of...
Average Mortgage Interest Increases To 33.8% In March
The average interest rate for mortgage loans among commercial banks reached 33.8 percent in March 2017. The figure recorded a 2 percent increase as compared to the 33.6 percent recorded at the end of...
Average Interest On Car Loans Drops To 34.2% In March 2017
The industry average for vehicle loans has however dropped from 35 percent in February to 34.2 percent in March 2017, the latest Annual Percentage Rates and Average Interest report by the Bank of...
Average Deposit Rate Drops Again In 2017
The average interest offered by banks on customer deposits has dropped by about 0.4 percent between February and March this year. The figure declined from 11.6 percent as at end of February 2017 to...
FMO, BIO Partner Fidelity Bank Ghana To Support SME Borrowers
FMO, the Netherlands Development Finance Company and BIO, the Belgian Investment Company For Developing Countries, are providing continued support to the financial sector in Ghana with long-term...
Unilever Tops HR Star Awards
Unilever Ghana was on Saturday, 25th March, 2017, adjudged the Overall Best Organization in HR Practice by the Institute of Human Resources, Management Practitioners, Ghana (IHRMP) at the La Palm...
Unilever, Guinness, Others Receive HR Star Awards
Unilever Ghana was on Saturday, 25th March, 2017 at the La Palm Royal Beach Hotel adjudged the overall best Organisation in HR Practice by the Institute of Human Resources, Management Practitioners,...
Unilever, Guinness, Graphic, Others Receive HR Star Awards
Unilever Ghana was on Saturday adjudged the overall best Organization in HR Practice by the Institute of Human Resources, Management Practitioners, Ghana (IHRMP). in addition, Unilever received the...
Cambridge’s Acknowledges New CSR Model
The University of Cambridge, United Kingdom’s Judge Business School has acknowledged the Centre for Corporate Social Responsibility (CSR), West Africa, in its new model for CSR. The Centre for CSR,...
IHRMP Holds 1st Ghana HR Star Award
As part of efforts to enhance recognition of human resource management in Ghana, and to reward outstanding and best HR Practice, the Institute of Human Resource Management Practitioners (IHRMP),...
Average Interest On Agric Loans Is 33.2 Percent – BoG Report
Average interest rate on agricultural loans by banks has increased marginally to 33.2 percent as at the end of February this year, the Bank of Ghana’s Annual Percentage Rate and Average Interest...
Interest On Car Loans Hits 35%
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...