Savings and loan association

Business

Bank Savings Accounts Are Not Investment Accounts

Savings consists of the amount left over when the cost of a person's consumer expenditure is subtracted from the amount...

Business

Banking Population To Increase To 75% By 2020

The Ministry of Finance has set a target to increase the country’s banked population from 58% to 75 % by the year...

News

Industry Players Advocate Policies To Deepen Financial Inclusion

Players in the financial inclusion space have intensified efforts aimed at reducing the number of unbanked population...

Business

Interest Rates Drop For the Third Time In 2017

The average interest banks charge on loans and advances has seen a drop for the third time running, according to the...

Business

Opportunity International Trains Money Lenders

OVER 50 Money Lending Businesses across the southern belt of Ghana have benefited from Opportunity International...

Business

BoG Asked To Sanitise Operations of Financial Institutions

The President of Groupe Ideal, Nii Kotei Dzani, has called on the Bank of Ghana (BoG) to sanitise the operations of...

Business

Banks Pay 11.9% But Charge 33.4%

Banks are paying an average of 11.9 per cent per annum as interest on deposits but charging their borrowers an average...

Business

Central Bank To Halt Issuance of License To Savings and Loans

The Central Bank has hinted it may halt licensing new firms in the next few weeks to ensure new entrants merge with...

Top Stories

Innovation Key To Growth of Financial Sector – Groupe Ideal

The Vice President of Groupe Ideal, Charles Arkuh has said the financial sector in Ghana has to take strategic...

Business

BEIGE Capital Secures Medium Term Funds From INCOFIN

BEIGE Capital Savings and Loans (BCSL) has secured a medium term funding arrangement with INCOFIN, a Belgium based...

Politics

BEIGE Capital Secures Medium Term Funds From Beligum-Based Firm

BEIGE Capital Savings and Loans (BCSL) has secured a medium term funding arrangement with INCOFIN, a Belgium based...

Business

Bayport and CFC Savings and Loans Seek Merger Approval

Bayport Financial Services Plc is awaiting approval from the Bank of Ghana to merge its operations with sister company...

Politics

Savings & Loans Companies Hold 6th Annual General Meeting On Thursday

The Ghana Association of Savings and Loans Companies (GHASALC) will be holding its 6th Annual General Meeting (AGM) at...

Politics

‘Susu’ System Benefits Over 300 Rural Women

Rural women in remote areas of Kumbungu District of the Northern Region have been taught the need to cultivate a...