The Ghana Interbank Payment and Settlement Systems (GhIPSS), a subsidiary of the Bank of Ghana, and partner institutions have conducted public education exercises to create awareness and to drive patronage of Ghana’s Universal Quick Response code for payment. Vice-President Mahamudu Bawumia launched the GhQR last year to add up to Ghana’s existing electronic payment channels […]
Tag: XNSA_ACCESS
GhIPSS, partners intensify education on Ghana’s QR Code for payment
The Ghana Interbank Payment and Settlement Systems (GhIPSS), a subsidiary of the Bank of Ghana, and partner institutions have embarked on public education to create awareness and to drive patronage of Ghana’s Universal Quick Response code for payment. Vice-President Mahamudu Bawumia launched the GhQR last year to add up to Ghana’s existing electronic payment channels […]
Nigeria: Zenith Bank Becomes Nigeria’s Biggest Bank By Asset
The climb may be temporary though. Jim Ovia-led Zenith Bank Plc saw a 34 per cent surge in its asset base in 2020, lifting the value from N6.347 trillion to N8.481 trillion in one year and making it Nigeria’s biggest bank by asset, its audited financial statements showed on Tuesday. The lender, however, could cede […]
Nigeria: Wema Bank Posts N81 Billion Earnings, N5,1 Billion Profit After Tax
Wema Bank Plc yesterday released its unaudited results for the year ended December 31, 2020, showing marginal decline in top and bottom-lines. The financial institution recorded gross earnings of N80.852 billion in 2020, indicating a decrease of 14.7 per cent compared with N94.890 billion in 2019. Net interest income improved by 19.4 per cent to […]
Access Bank Ghana joins TAGG to support traders keep safe in coronavirus fight
Jones Darmoe (left) presents items to David Amoateng (right) In continuation of its commitment to support communities keep safe and healthy as the fight against COVID-19 lingers on, Access Bank has donated over 1,600 branded and surgical nose masks to the Traders Advocacy Group Ghana (TAGG). The donation to TAGG is part of its efforts […]
GCB is the most media visible bank – 2020 survey
Source: Emmanuel Kojo Kwarteng, Contributor GCB Bank Limited GCB Bank Limited is the most corporate media visible bank in Ghana, according to a 2020 survey on the banking sector. An extract of a broader traditional and online Ghanaian banks visibility analysis conducted by the Institute of Brands Narrative Analysis (IBNA) put GCB ahead of the […]
Ghana: Use of GhQR to See Significant Growth … As 15 Institutions Go Live
The use of GhQR is expected to see significant growth as the number of institutions gone live with it increases to 15. It comprises 11 financial institutions and four payment service providers. The four payment service providers currently offering GhQR are Vodafone Cash, AirtelTigo Money, Hubtel and GCB’s G-Money, while the financial institutions offering the […]
Use of GhQR to see significant growth as 15 institutions go live
The GhQR was launched last year to add up to existing electronic payment channels The use of GhQR is expected to see significant growth as the number of institutions gone live with it increases to 15. It comprises 11 financial institutions and four payment service providers. The four payment service providers currently offering GhQR are […]
Nigeria: NSE All-Share Index Sheds 0.19% As Bears Return
The bears returned to the local bourse yesterday pulling, the Nigerian Stock Exchange (NSE) All-Share Index (ASI) down by 0.19 per cent to close at 40,494.35. The market had opened for the week on positive note after two weeks of decline, raising hopes that the bargain hunting could be sustained. However, sell-offs in Stanbic IBTC […]
Court orders attachment of firm’s funds over N464 million alleged debt
Justice Nicholas Oweibo of the Federal High Court, Lagos, has ordered the interim attachment of all monies belonging to Forte Oil Plc and Veritas Registrars Limited in 21 banks in Nigeria over alleged N464 million debt. The court also ordered the banks to jointly or severally appear before it to show cause why they shall […]