Five participating financial institutions under the One District One Factory (1D1F) Programme have committed various amounts of funds towards some 73 businesses submitted to them by the Secretariat. On top of the list is EXIM Bank of Ghana, which funded 38 projects, the Agricultural Development Bank, gives conditional approval to 28 projects, GCB Bank has […]
Five participating financial institutions under the One District One Factory (1D1F) Programme have committed various amounts of funds towards some 73 businesses submitted to them by the Secretariat. On top of the list is EXIM Bank of Ghana, which funded 38 projects, the Agricultural Development Bank, gives conditional approval to 28 projects, GCB Bank has […]
Adu Boahen (4th left) with the new board members The number of directors of the Agricultural Development Bank (ADB) has dropped following the annulment of four institutional shareholders in the bank by the Bank of Ghana (BoG) last month. The four companies are Starmount Company Limited, EDC Investment, SIC Financial Services and Belstar Company Limited. […]
The new board of adb The newly-inaugurated board of the Agricultural Development Bank (adb) has promised to undertake aggressive and extensive recovery of the bank’s outstanding loans in order to meet the new minimum capital requirement of the Bank of Ghana (BoG). During the inauguration of the new board in Accra, Alex Bernasko, Board Chairman […]
The new board of adb The newly-inaugurated board of the Agricultural Development Bank (adb) has promised to undertake aggressive and extensive recovery of the bank’s outstanding loans in order to meet the new minimum capital requirement of the Bank of Ghana (BoG). During the inauguration of the new board in Accra, Alex Bernasko, Board Chairman […]
Metro Mass Transit (MMT) Limited has taken delivery of 29, 47-seater buses to augment its fleet, with the view to improve on its services. The buses will be used on the Accra-Tamale, Accra-Bolga, Accra-Kumasi, Accra-Bawku, Takoradi-Kumasi, Kumasi-Wa, Kumasi-Bolga, Kumasi-Tamale and Kumasi-Hamile routes. They were handed over to the acting Managing Director of the MMT Limited, […]
Ken Ofori-Atta Finance Minister Ken Ofori-Atta has indicated that government is focused on merging the Agricultural Development Bank (adb) and the National Investment Bank (NIB). The Finance Minister announced in the 2018 budget presentation last year that government was considering merging adb and NIB banks to serve industry and the agriculture sectors. Reports on the […]
The merger plan for the Agricultural Development Bank (adb) and the National Investment Bank (NIB) is on course, Finance Minister Ken Ofori-Atta, has said. In the 2018 budget, Mr Ofori-Atta hinted at a possible merger of the two state-owned banks to form the National Development Bank. He said at a post-budget forum that a merger […]
Metro Mass Transit (MMT) Limited has taken delivery of 29, 47-seater buses to augment its fleet, with the view to improve on its services. The buses will be used on the Accra-Tamale, Accra-Bolga, Accra-Kumasi, Accra-Bawku, Takoradi-Kumasi, Kumasi-Wa, Kumasi-Bolga, Kumasi-Tamale and Kumasi-Hamile routes. They were handed over to the acting Managing Director of the MMT Limited, […]
Three indigenous banks have assured the public that they have put in place strong corporate governance structures, efficient operating mechanisms and robust capital plans that will make them continue to serve their customers better. As a result, they have asked Ghanaians to have confidence in them as they inch closer to raising their respective minimum […]
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