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 […]
Tag: ecobank ghana
Ecobank, GCB Bank control quarter of industry deposit in 2020
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 […]
Ecobank, GCB bank controlled 23.9% of deposits in banking industry in 2020
Deposits remained the main source of funding for the industry Ecobank Ghana and GCB Bank controlled about 23.9% of the banking industry market share in terms of deposits in 2020. The year-on-year growth of deposits went up by 25.1% in 2020 recording GH¢104 billion. GH¢149.3bn total assets Total assets of the banking sector stood at […]
GCB Bank and Ecobank Ghana control 23.9% of banking industry deposits – Report
According to the research report, GCB Bank and Ecobank Ghana continue to dominate the sector, controlling almost a quarter of the industry’s deposits. The report noted that GCB Bank controlled about 11% in terms of deposits, while Ecobank Ghana led the pack with 12.4%. The Tesha Capital research analysis explained further that what has helped […]
Ecobank and GCB Bank control 23.9% of banking industry deposits; Zenith Bank ranked 1st in financial performance
Ecobank Ghana and GCB Bank controlled about 23.9% of the banking industry market share in terms of deposits in 2020, according to research analysis by investment firm, Tesah Capital. However Zenith Bank was the best bank in Ghana last year in terms of financial performance. Ecobank Ghana and GCB Bank continued to show their dominance […]
Assisting pension contributors acquire homes -2 Entities sign pact
Mr Dan Sackey, (left) Managing Director of Ecobank Ghana exchanging documents with Mr Joseph Ampofo, Managing Director of Enterprise Trustees Ecobank Ghana and Enterprise Trustees have signed a partnership agreement to introduce a pension-backed mortgage loans which will help pension contributors acquire affordable homes. Under the agreement, Enterprise Trustees will make available to workers whose […]
ECOBANK-Enterprise Trustees Sign Agreement
Ecobank Ghana and Enterprise Tustees yesterday signed a partnership agreement, introducing the first ever pension-backed mortgage loan and short term credit facility in Ghana. Under this partnership, Enterprise Trustees will make available to workers, whose pension funds reside at Enterprise, a package that enables them to attract pension-backed mortgages and short-term loan facilities from Ecobank. […]
Ecobank Ghana presents a dividend of GHS28.8 million to SSNIT
Ecobank Ghana, one of the investments of the Social Security and National Insurance Trust (SSNIT), has presented a dividend of GHS28.8 million for the year 2020 to the Trust. This represents an increase of 83 per cent over the 2019 dividend payment of GH¢15.7 million. Mr. Daniel Sackey, the Managing Director of Ecobank Ghana, presenting […]
Ecobank partners Enterprise Trustees to help pension contributors acquire affordable homes
Ecobank Ghana and Enterprise Trustees have signed a partnership agreement to make meaningful contribution towards helping pension contributors acquire affordable homes. The partnership also seeks to offer customers of both institutions a whole new experience with unending benefits. Speaking at the signing ceremony, Managing Director of Ecobank Ghana, Dan Sackey said the partnership will enable […]
Ecobank Ghana presents dividend of GH¢28.8m to SSNIT
Ecobank Ghana, one of the investments of the Social Security and National Insurance Trust (SSNIT), has presented a dividend of GH¢28.8 million for the year 2020 to the Trust. This represents an increase of 83 per cent over the 2019 dividend payment of GH¢15.7 million. Mr. Daniel Sackey, the Managing Director of Ecobank Ghana, presenting […]