The latest Annual Percentage Rates (APR) and Average Interests (AI) on deposits report released by the Bank of Ghana shows that the average minimum interest rates that can be charged on loans and...
Cost of borrowing is expected to go up in the coming months as some commercial banks are planning to adjust their lending rates upwards by about three per cent, Business Finder has leant. The banks,...
Guinness Ghana Breweries Ltd (GGBL) is the first client to benefit from Standard Chartered’s ‘Vendor PrePay’ (“VPP”) product in Africa. It is an innovation aimed to promote local economic...
Mr Ishmael Yamson, the Board Chairman of Standard Chartered Bank Ghana, says the banking environment is riskier today than it was some years back because of economic uncertainty and volatility. The...
The country’s financial sector remains relatively weak and elementary after more than a century of financial services provision, Kweku Bedu-Addo, Chief Executive Officer of the Standard Chartered...
A former finance minister, Professor Kwesi Botchwey, has urged the Bank of Ghana (BoG) to come up with a stable policy framework to help the banks get the necessary guidance in their operations. He...
Finance Minister Seth Terkper says the favorable assessment of Ghana's creditworthiness by some rating agencies shows that government is on track in stabilizing the economy. Rating Agencies, Moody's...
The Ghana Cocoa Board (COCOBOD) has signed a $1.8billion cocoa syndicated loan agreement in Frankfurt, Germany, for the 2016/2017 cocoa crop year. The facility will go into the purchase of cocoa...
The World Bank last Thursday approved a US$700 million guarantee for Ghana’s third oil and gas production field, Sankofa-Gye-Nyame, which is said to contain more than 200 million barrels of oil and...
Volume traded on the Ghana Stock Exchange (GSE) hit 32,649 shares which were valued at GHS128,171.34 at the close of trade on September 22, a stock market analysis paper made available to the Ghana...
Ghana Cocoa Board (COCOBOD) says it secured US$1.8 billion syndicated loan from a consortium of banks to allow it purchase cocoa beans for the 2016/2017 crop season beginning next month will hit Bank...
Only three out of 36 listed firms on Ghana’s Stock Exchange have since January 2016 registered growth in their share prices, The Business Finder reports. The market capitalisation of the 36 listed...
With barely three months to general elections in Ghana, banks are cautious about extending credit to businesses and individuals, some industry experts have told Business Finder. The uncertainty...
The Producer Price Inflation (PPI) rose to 10.3 per cent year-on-year in July 2016 from the 7.6 per cent recorded in the previous month. According to the Ghana Statistical service, the 2.7 per cent...
Abuja (AFP) - Nigeria's economy nosedived into a recession, official data showed Wednesday, with oil production hammered by militant attacks on pipelines and foreign investment at a "record" low....
The Bank of Ghana has retracted its earlier report suggesting that GN Bank offers the lowest rate on mortgages in the country. The latest Annual Percentage Rates and Average Interest report...
The total deposits for commercial banks in the country increased to 42.3 billion cedis as at the end of December 2015. The figure increased from 36.2 billion cedis in the previous year, representing...
