The Rural and Community Banks, RCBs, after exhibiting resilience in their operations and battling it out during financial reforms still have a total of GH¢457.86 million locked up with investment companies that are regulated by the Securities and Exchange Commission, Business & Financial Times has learnt. At the beginning of the reforms, the total amount …
Month: October 2021
The Chartered Institute of Marketing Ghana has released a ground breaking research driven survey report on customer satisfaction in Ghana’s banking sector The report, which was unveiled officially at the Coconut Grove Hotel in Accra a fortnight ago, is the first ever survey of customer satisfaction in a services industry in Ghana. It is not …
Mr Francis Boadu, Head of Department (HoD) in charge of Broker Dealers and Advisors at the Securities and Exchange Commission (SEC) has advised investors not to put money into an investment they did not fully understand. He said if they suspect an investment to be a “Ponzi scheme” or any other type of scam they …
The Social Security and National Insurance Trust (SSNIT) has commenced Saturday services to its Members and Clients at selected SSNIT branches from 9:00am to 2:00pm beginning 2nd October, 2021. The launch of the SSNIT Saturday Service was held at the Airport City branch of the Trust today. Speaking at the launch, the Deputy Director-General of …
Data published by the Bank of Ghana has shown that growth in deposits of commercial banks have been fluctuating in the last eight months, with figures in August even showing a decline, a development banking consultant, Dr. Richmond Atuahene, has attributed to the difficulty private sector is facing in the current pandemic-hit climate. The Summary …
Mobile money transactions for the first eight months of this year far exceeded cheque transactions by a massive ¢522.9 billion. This is compared to a little about ¢374 billion recorded in the first half of this year. It indicates that majority of retail consumers now prefer and have accepted mobile money as their mode of …