Category archives for: Banking & Finance

Mixed Performance of African Markets

AM j

June 27, 2017//-A mixed performance this week on African markets with seven of the markets under our watch closing on negative territories.

LeapFrog Acquires Stake in Enterprise Group

kelly-gadzekpo

Black Star Holding Limited (BSHL), a wholly owned subsidiary of LeapFrog Strategic African Investment (LSAI), has acquired the minority shareholder in three subsidiaries of Enterprise Group.

UBA Foundation Launches Read Africa in Liberia

Read Africa Banners

June 25, 2017//- In pursuance of its mission to uplift the lives of the communities in which the United bank for Africa (Plc) operates, UBA Foundation’s initiative-Read Africa is visiting schools in African countries to encourage young children embrace the culture of reading.

UBA Liberia Launches Debit MasterCard    

From (l-r) Bola Atta, UBA Group Head, Marketing & Corporate Communications; Erika Williams, Director, Central Bank Liberia; CEO UBA Liberia, Lekan Balogun; COO UBA Liberia, Majek Folorunsho

  Monrovia Liberia June 22, 2017 – United Bank for Africa (UBA) today launched the Debit MasterCard in Liberia.

Ghana: Risks up for Banking Due to Deteriorating Asset Quality

Governor of Bank of Ghana, Dr. Ernest Kwamina Yedu Addison

Accra, June 19, 2017// The Bank of Ghana (BoG) in its May Banking Sector Report said  the business of scheduled commercial banks slowed as there was a further decline in both deposit and credit growth.

UBA’s Debut $500 Million Eurobond Oversubscribed by 240%

Group Managing Director/CEO of UBA Plc, Mr. Kennedy Uzoka

Lagos, Nigeria – June 12, 2017 – United Bank for Africa Plc (UBA) successfully raised USD500 million, though a debut Eurobond, which was over-subscribed by 240%.

South Africa in Economic Recession

June 9

Ghana’s Total Banking Assets Now Stand at GH¢ 84.49 Billion

Governor of Bank of Ghana, Dr. Ernest Kwamina Yedu Addison

Accra, June 12, 2017//- Total assets of banks operating in Ghana have expanded significantly at the time that the Ghanaian economy is reported to be recovering.

Renaissance Capital Named Top Frontier Markets Brokerage Firm

Renaissance

  London, UK, 7 June 2017 – Renaissance Capital, a leading emerging and frontier markets investment bank, has been ranked the No.1 Frontier Markets brokerage firm in the 2017 Extel Survey for the second year in a row.

Access Bank Women Promise Continuous Support to Adopted State School

Access Bank Ghana Managing Director, Dolapo Ogundimu

Accra, June 05, 2017//- Access Women Network (AWN), a women’s group within Access Bank, has assured it will continue to support the Tetteh Ocloo State School to nurture the pupils to realize their dreams.

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