The Bank of Ghana Some eleven of the 23 universal banks operating in Ghana, have been given the green light by the Bank of Ghana to pay dividends to their shareholders for the 2020 financial year. The central bank put a moratorium on the payment of dividends by the banks following the devastating impact the […]
The Bank of Ghana has given approval to 11 out of 23 banks to pay dividend to shareholders in respect of the 2020 financial year. Following the effects of the covid-19 pandemic, the Central Bank introduced some regulatory measures that include the financial institutions meeting certain key requirements before they could pay dividend to shareholders. […]
A first-time partnership between the UK development finance institution and a bank, aims to bring liquidity to trade finance in Africa. United Kingdom development finance institution (DFI) CDC Group is to provide a USD 50 million trade finance facility through Ecobank International , which will be used to support trade finance in Africa. The financing […]
The Governor of the Bank of Ghana (BoG), Dr Ernest Addison The Deputy Head of Banking Supervision at the Bank of Ghana, Mr Ismail Adam made the announcement at the UPSA Law School Quarterly Banking Roundtable webinar. “ The idea is to make the institutions more robust and resilient such that they wouldn’t suffer because […]
Olusanya appointed Managing Director of GT Bank Guaranty Trust Bank Plc has announced the appointment of Miriam Olusanya as Managing Director. This is according to a notice signed by the bank’s Company’s Secretary, Erhi Obebeduo, and sent to the Nigerian Exchange Group Limited (NGX) on Thursday. Miriam Olusanya is an accomplished banker with over 21 […]
Listen to article More than a decade ago, Nigerian women had reason to expect change following a much-heralded global conference that set ambitious targets to transform the lives of women across the world. This year, no doubt, marks the 26th anniversary of that groundbreaking event, the Fourth World Conference on Women, held in Beijing, China, […]
•With 27% female CEOs, banks make great leap in sustainable principles The banking industry has made a dramatic leap in its Nigerian Sustainable Banking Principles (NSBP) with the recent appointments of two females as Chief Executive Officers (CEOs). The coming on board of the CEOs, Mrs. Miriam Olusanya for Guaranty Trust Bank (GTBank) and Mrs. […]
Ecobank Ghana and GCB Bank continued to show their dominance in the banking industry, controlling almost a quarter of the industry’s deposits in 2020. They controlled about 23.9 per cent of the banking industry market share in terms of deposits in 2020. According to research analysis by investment firm; Tesah Capital, Zenith Bank was the […]
The Board of Ecobank Nigeria has announced the appointment of three independent non-executive directors. The experienced professionals who have distinguished themselves in their various careers, include Mrs. Taba Peterside, Mr. Yusuf Suleiman and Alhaji Abu Idris. Peterside has over 33 years’ experience in the Nigerian and international banking, financial services and the capital markets. She […]
Dike Onwuamaeze Ecobank Nigeria Plc has launched its ‘Ellevate’ proposition. The product was designed to provide access to finance, market and training to over 40 million female-owned and managed businesses as well as those that produce goods and services to women in its bid to stand out as the most female-friendly bank in the country. […]
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