Standard Chartered Bank

Business

Banks To Raise Cost of Lending

Cost of borrowing is expected to go up in the coming months as some commercial banks are planning to adjust their...

Business

Guinness Ltd Benefits From StanChart’s Vendor PrePay

Guinness Ghana Breweries Ltd (GGBL) is the first client to benefit from Standard Chartered’s ‘Vendor PrePay’...

Business

Ghana Must Deal With Economic Uncertainty

Mr Ishmael Yamson, the Board Chairman of Standard Chartered Bank Ghana, says the banking environment is riskier today...

Business

Banks Are Weak

The country’s financial sector remains relatively weak and elementary after more than a century of financial services...

Business

Kwesi Botchwey Urges BoG To Do More For Banks

A former finance minister, Professor Kwesi Botchwey, has urged the Bank of Ghana (BoG) to come up with a stable policy...

Business

Favourable Creditworthiness Due To Prudent Economic Management

Finance Minister Seth Terkper says the favorable assessment of Ghana's creditworthiness by some rating agencies shows...

Business

Additional $200m Loan Awaits COCOBOD

The Ghana Cocoa Board (COCOBOD) has signed a $1.8billion cocoa syndicated loan agreement in Frankfurt, Germany, for the...

Business

World Bank Fulfills US$700m Guarantee For Sankofa Project

The World Bank last Thursday approved a US$700 million guarantee for Ghana’s third oil and gas production field,...

Business

Stock Market Trade Hits 32,649 Shares

Volume traded on the Ghana Stock Exchange (GSE) hit 32,649 shares which were valued at GHS128,171.34 at the close of...

Business

Cocobod’s US$1.8bn Syndicated Loan Ready In Two-Weeks

Ghana Cocoa Board (COCOBOD) says it secured US$1.8 billion syndicated loan from a consortium of banks to allow it...

Business

Only 3 Out of 36 Firms On Stock Exchange Post Growth

Only three out of 36 listed firms on Ghana’s Stock Exchange have since January 2016 registered growth in their share...

Business

Banks Tighten Grip On Lending

With barely three months to general elections in Ghana, banks are cautious about extending credit to businesses and...

Business

Producer Price Inflation Inches Up To 10.3%

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...

Opinion

Nigerian Economy In Recession With ‘record’ Low Foreign Investment

Abuja (AFP) - Nigeria's economy nosedived into a recession, official data showed Wednesday, with oil production...

Business

GN Bank Does Not Offer Cheapest Mortgage Loans

The Bank of Ghana has retracted its earlier report suggesting that GN Bank offers the lowest rate on mortgages in the...

Business

Banks’ Deposits Increase To GHC42.3 Bn In 2015 – PwC

The total deposits for commercial banks in the country increased to 42.3 billion cedis as at the end of December 2015....