Managing Director, Ecobank Nigeria, Patrick Akinwuntan has said the bank’s decision to charge zero fee on RapidTransfer remittances is borne out of the need to ensure Nigerians abroad are able to send home 100 per cent of monies made through hard work. Akinwuntan who spoke in Lagos noted that “Because we are able to do […]
The Chief Executive Officer of Zoomlion Ghana, Dr. Joseph Siaw Agyapong has reiterated his company’s readiness and willingness to transform Accra into the cleanest city. According to him, Zoomlion Ghana has put in place strategic mechanisms to achieve that goal. “We have secured a loan of 1billion cedis from Ecobank to establish another bin production […]
Picture: ISTOCK Accra — A regulatory spring clean that has cut the number of Ghanaian banks by almost a third is strengthening the industry, brightening prospects for lending growth and easing the pain of unpaid debts. The expanding economy is also helping lenders put behind them years of challenges weighing on the West African nation […]
NIC Bank Managing Director John Gachora (left) with his CBA counterpart Isaac Awuondo brief journalists in Nairobi last week. When Kenya’s two powerful bankers – Commercial Bank of Africa (CBA) Group Managing Director Isaac Awuondo and NIC Bank boss John Gachora – recently shared the stage as a show of equal footing in the merger […]
A report chronicling various charges on products and services offered by banks in the country has presented a mixed picture of ATM charges by the banks. The report – Bank Charges as at December 2018, covers the charges of 27 banks on various products and services. The report covers charges from current accounts, savings accounts, […]
The 23 recapitalized banks are expected to register strong earnings this year, following an increase in their single obligor, paving way for big ticket transactions. According to a research by investment bank, Databank, the banking sector support for credit expansion and overall economic growth will trigger huge interest incomes and rapid deposit mobilization. It noted […]
Tavona Biza is the new CEO of Old Mutual Ghana Tavona Biza has been appointed as the new CEO of Old Mutual Ghana. Tavona, who will be based in Accra, has worked for Old Mutual for ten years, during which time he held various roles in the Group’s Zimbabwean, South African and Malawian businesses. Most […]
Ecobank It was an exciting weekend as Ecobank staff stormed markets across the country to bring easy and convenient banking services to Nigerians, especially businesses, and more possibilities for growth. EcobankPay and Xpress Point were stars of the storm, which form a critical part of our digital offering, aimed at boosting Nigeria and Africa’s digital […]
Some of the alleged properties of Nana Appiah Mensah Details are emerging about a plea deal that the embattled Chief Executive Officer (CEO) of gold collectibles firm, Menzgold, Nana Appiah Mensah, popularly known as NAM1, put on the table for government’s consideration. DAILY GUIDE’s sources claimed NAM1 emphatically told the government to sell his assets […]
The Ghanaian economy has recorded a cedi depreciation of about 8.8 per cent to the US dollar at the end of 2018. The Ghanaian currency This follows a report an agency named the Ecobank Research revealed. The depreciation according to the report is against 4.45 per cent depreciation in 2017. In 2016, the cedi lost […]
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