Category archives for: Banking & Finance

Markets Dismiss Trump impeachment

January 22, 2020//-The bullish financial markets are indifferent to the Trump impeachment trial – more concerning is the U.S.-China trade deal and the Coronavirus, says the CEO of one of the world’s largest independent financial services and advisory organizations.

Economist Opens Up On Bank and Menzgold Crises

Accra, Ghana, January 22, 2020//-Economist Kwame Pianim has said the banking and financial crises that have caused customers to either lose some or all of their deposits and investments.

Raising banks’ Loan to Deposit Ratio While Minimising Risk

Singapore, Singapore, January 22, 2020/ — In developing economies, the key to socio-economic growth is access to finance, but the challenge is to increase loans to individuals and SMEs without suffering the fall-out of bad debt.

UBA Ghana Bids Farewell to Nigerian High Commissioner to Ghana

Accra, Ghana, January 21, 2020//-The United Bank for Africa (Ghana) Ltd has joined other dignitaries in a send-off party for the out-going Nigerian High Commissioner to Ghana, H.E Olufemi Michael Abikoye at his residence in Accra.

Firms to Adopt Electronic Banking After Cheque Limits

Johannesburg, South Africa, January 20, 2020//-Businesses are urged to adopt electronic banking channels following the recently announced rules from the Payments Association of South Africa (PASA) to reduce the maximum value of cheque limits to R50 000 (about $3 450).

FX Committee Usurps BoG’s Currency Management Powers and Signals Failure  

Accra, Ghana, January 18, 2020//-Professor John Gatsi of the University of Cape Coast (UCC) says the newly set up FX Development Committee would usurp the Bank of Ghana’s (BoG’s) currency management powers in the country.

Ghana: Defunct Beige Bank CEO Mike Nyinaku Hospitalised

Accra, Ghana, January 17, 2020//-Former Chief Executive Officer (CEO) of defunct Beige Bank Mike Nyinaku, who is currently in police custody, has been admitted at the Police Hospital in Accra after he suddenly fell ill last Thursday, January 16, 2020.

Tony Elumelu Foundation Makes Changes to its Flagship Programme

Lagos, Nigeria, January 16, 2020//-Tony Elumelu Foundation (TEF) has made strategic changes to its TEF Entrepreneurship Programme Cycle.

Ghana: Quick Credit Appoints New CEO

Accra, Ghana, January 16, 2020//-Romeo Richlove Kweku Seshie has been appointed as the new CEO of Quick Credit and Investment Micro-Credit Limited, an over ten year micro credit company regulated by the Bank of Ghana.

Keith Morgan – Meet Britain’s Small Business Banker

January 14, 2020//-Keith Morgan is the executive of the British Business Bank which has £7bn of loans and guarantees £7bn that support over 91,000 new firms.

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