Dan Sackey is the Managing Director of Ecobank Ghana Ecobank Ghana has recorded a increases of 32.8% year-on year profit before tax to ¢474.9 million in the first half of the year. This consolidated its gain as one of the top three profitable banks in the country. However, for profit-after-tax, the bank recorded ¢320.4 million […]
Mr Alan Kyerematen — Minister of Trade and Industry The Minister of Trade and Industry, Mr Alan Kyerematen, says 150,975 direct and indirect jobs have been created under the One-District, One-Factory (1D1F) programme. Giving an update on the programme since the beginning to date in Parliament last Wednesday night, the minister explained that there were […]
A Chief Security Officer of e-process attached to Ecobank Ghana Limited, Kokomlemle Branch, who stole two laptops from the Bank, has been sentenced to 15 months imprisonment by an Accra Circuit Court. Abdul Manaf Issah, who was said to have been captured by a CCTV camera carrying the computers, denied same, saying he was only […]
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 […]
Government has disbursed a total amount of GH₵ 260 million as interest subsidies for 128 companies under its flagship One District, One Factory (1D1F) programme. This was revealed by the Minister for Trade and Industry, John Alan Kyeremanten when the Bole/Bamboi MP, Yusif Sulemana requested comprehensive information on the amount government has expended on subsidizing […]
Abdul Manaf Issah, who was said to have been captured by a CCTV camera carrying the computers, denied same, saying he was only carrying boxes containing newspapers. The police retrieved the two laptops from him later. Charged with stealing, Issah denied the offence. The court, presided over by Evelyn Asamoah after the trial found Isaah […]
Ecobank Ghana, in partnership with Enterprise Trustees, has rolled out a mortgage scheme that provides up to 100% financing for a beneficiary’s property of choice. The package forms part of Ecobank’s Home Mortgage programme which unlocks homeownership for tier 2 and 3 pension contributors. It also gives contributors the opportunity to own their own homes, […]
John Alan Kojo Kyeremanten, Minister for Trade and Industry The government has spent over GH¢260 million on 128 One District, One Factory (1D1F) Companies as interest subsidies over the past 4 years. This was revealed by the Minister for Trade and Industry, John Alan Kojo Kyeremanten who explained the amount: GH¢260,961,056.42 was to support loan […]
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. […]
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