Friday, 18 August 2017
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We’re sufficiently capitalised – TRB CEO

By Isaac Aidoo
Chief Executive Officer (CEO) of The Royal Bank (TRB), Mr Osei Asafo -Adjei has assured customers and staff of the bank that the bank is in a position to recapitalize when the Bank of Ghana (BoG) sets new limits for capitalization.

‘AbusuaAkyɛdeɛ’ Promo draws first batch of winners

THE industry first family promotion, “AbusuaAkyɛdeɛ” by Access Bank has held its first mini draw at the Bank’s Osu Oxford Street branch to reveal the first batch of winners.

Baroda, Stanchart offer cheapest loans

By Augustine Amoah

Bank of Baroda and Standard Chartered Bank for the 7th time running this year continued to offer the least competitive lending rates to customers, according to the latest Average Interest (AI) and Annual Percentage Rates (APR) released by the Bank of Ghana which captured July 31, 2017 figures.

President ushers in new cement factory

By Daniel NONOR, TEMA

The level of competition among players in the cement manufacturing sector in Ghana is set to heighten further with a new entrant set to begin operations in the country.

HFC Bank’s managing director to take up ministerial appointment in Trinidad and Tobago

HFC Bank (Ghana) Limited, a subsidiary of Republic Financial Holdings Limited, has announced that its Managing Director, Mr Robert Le Hunte, will be leaving the bank after four years of sterling service to take up a ministerial appointment in Trinidad and Tobago’s government.

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Ghana targets $500m export volumes under AGOA

By Daniel NONOR, Accra
The President, Nana Addo Dankwa Akufo-Addo, says his government is putting in place measures to increase Ghana’s export volumes under the African Growth and Opportunity Act (AGOA) to $500 million by 2020.

Access Bank’s ‘Abusua Akyɛdeɛ’ promo draws first batch of winners

The industry’s first family promotion, ‘Abusua Akyɛdeɛ’, by Access Bank, has held its first mini draw at the bank’s Osu Oxford Street branch, to reveal the first batch of winners.

Vivo Energy rolls out comprehensive recycling programme in basic schools

As part of its community investment focus on the environment, Vivo Energy Ghana, the Shell licensee, in partnership with Environment 360, a non-governmental organisation, has launched a comprehensive recycling programme targeted at basic schools in the James Town, Chorkor and Lartebiokorshie enclave of the Greater Accra Region.

The Royal Bank posts impressive profits

By Isaac Aidoo
From a loss position of GH¢38 million as of the end of 2016, The Royal Bank (TRB), wholly Ghanaian-owned bank, has within the first six months of 2017 posted a profit of GH¢2.6 million (after tax).

Don’t give undue advantage to foreign businesses – Kofi Annan

Dr Kofi Annan, a former United Nations Secretary-General, has advised African governments and state institutions not to give undue advantage to foreign businesses at the expense of indigenous businesses.