Articles from the ‘Financial Institutions’ category
Posted by Contributor on September 2, 2010 at 11:01 am in Business, Financial Institutions, Other Top Stories
Standard Bank has been named a winner in the Africa Investor Agribusiness Awards 2010. Standard Bank won in the Development Finance Initiative of the Year category for its groundbreaking Agricultural Guarantee Fund Scheme that has improved access to finance to smallholder farmers in Africa. The Agribusiness Awards recognise achievements across the main Agribusiness and finance [...]
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Posted by Contributor on at 11:00 am in Business, Financial Institutions, Other Top Stories
Uganda, like most African countries, is a nett importer of staple foods. Unlocking the country’s agricultural potential means offering the right kind of support to its farmers and agricultural businesses. The Agricultural Guarantee Fund Scheme, a partnership between Standard Bank, the Alliance for a Green Revolution in Africa (AGRA), OPEC Fund for International Development (OFID), [...]
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Posted by Contributor on August 31, 2010 at 4:52 pm in Business, Financial Institutions
Another change of leadership has hit majority state-owned Merchant Bank as Peter Illiasu, the Managing Director has been forced to resign. Sources close to the bank told City & Business Guide that Mr. Illiasu, who joined Merchant barely a year ago from Fidelity Bank, is believed to have granted loans worth several millions of Ghana [...]
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Posted by Contributor on August 27, 2010 at 4:00 pm in Business, Financial Institutions, Top Story
First National Savings & Loans Company (FNSL) has added another product to its existing innovations.
It is the Domestic Money Transfer Service known as the ‘Sika plus’.
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Posted by Contributor on August 23, 2010 at 1:30 pm in Business, Financial Institutions, Other Top Stories
With elections looming in many African countries, banks are likely to feel increasing political heat to cut sky-high lending costs but are unlikely to unleash growth-boosting cheap credit into their economies. Many countries on the poorest continent enjoyed annual expansion of 5 percent or more in the years up to 2008, and their leaders are [...]
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Posted by Contributor on August 20, 2010 at 10:14 am in Business, Financial Institutions
GroFin, a multi-national finance and development company has announced a comprehensive package to support Small and Medium-scale Enterprises (SMEs) in the country. The specialist finance company says it would provide funding and business development assistance to entrepreneurs to help them grow their businesses. According to a World Bank report, high interest rates, poor management, and [...]
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Posted by William Beeko on August 17, 2010 at 2:35 pm in Business, Financial Institutions
Fidelity Bank will be 5 years next year and as a sign of appreciation, the Bank over the weekend launched a very innovative promotion amidst pomp and pageantry in Accra to reward its loyal customers. The promotion, dubbed, the ‘Go for Gold’ promotion seeks to reward one loyal customer a bar of gold, 24 carat, [...]
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Posted by Contributor on August 14, 2010 at 6:53 pm in Business, Financial Institutions, Other Top Stories
Ghana’s 2010 financial directory, a one-stock-shop information data book for businesses, traders, investors, insurance entities and shareholders was launched on Friday. The 280 page book focuses on financial administration regulation; insurance companies; insurance brokers; savings and loans companies; leasing companies; the banking amendment act and non-banking act. Speaking to the Ghana News Agency (GNA) in [...]
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