The innovations by United Bank for Africa (UBA), in providing convenient banking platforms for individuals and businesses have received global endorsement and recognition.
Category: Finance
MP Battles BoG Over Exchange Rates Illegality
The Member of Parliament for Obuasi West and a Member of Parliament’s Finance Committee, Kwaku Kwarteng has warned about the implications of the irregular currency and exchange rate practices being perpetrated by the Bank of Ghana (BoG) would have dire consequences on the Ghanaian economy.
Qatar Bank buys Ecobank Stake
THE Qatar National Bank (QNB) has bought a 12,5 percent stake in Ecobank Transnational Incorporated (ETI) in a transaction valued at US$ 200 million. This is the latest drive by the Doha-based bank’s drive to be the biggest bank in the Middle East and Africa by 2017. QNB bought the shares from the Asset Management […]
Ghana Bank Buys German Financial Firm
FIDELITY Bank Ghana Limited has completed the acquisition of ProCredit Savings and Loans Company Limited. This follows an agreement with ProCredit Holding Germany (PCH). Fidelity has purchased all the shares currently held by the two shareholders, PCH and the DOEN Foundation of the Netherlands. The objective of the proposed acquisition is to enable ProCredit Ghana […]
Access Bank Deepens Financial Inclusion
—Unveils Big Deal Campaign By Mashood A Kunateh Access Bank Ghana announced the launch of a campaign to encourage Ghanaians to save as part of their culture. This, the bank says, will go a long way to deepen financial inclusion in the country. According senior officials of the Access Bank, the campaign, which runs […]