Articles from the ‘Financial Institutions’ category
Posted by Contributor on March 25, 2010 at 2:29 pm in Business, Financial Institutions, Other Top Stories
GNA – Central Bank Governor, Kwesi B. Ammisah-Arthur, on Thursday said employee engagement was key to business success in the competitive global environment. In a speech read for him at the opening of the fifth biennial conference of Alliance of African Institutes of Bankers (AAIOB) in Accra, Mr Ammisah-Arthur said engagement had the potential [...]
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Posted by Contributor on at 12:44 pm in Business, Financial Institutions
The following are the average inter-bank exchange rate of the dollar and derived rates for the major currencies against the cedi as issued by the Ghana Association of Bankers on Thursday, March 25, 2010. GHANA CEDI EQUIVALENT OF CURRENCY CURRENCY BUYING SELLING US Dollar 1.4167 1.4357 Pound Sterling 2.1137 2.1425 Swiss Franc 1.3246 [...]
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Posted by Contributor on March 24, 2010 at 1:25 pm in Business, Financial Institutions
GNA – The following are the average inter-bank exchange rate of the dollar and derived rates for the major currencies against the cedi as issued by the Ghana Association of Bankers on Wednesday, March 24, 2010. GHANA CEDI EQUIVALENT OF CURRENCY CURRENCY BUYING SELLING US Dollar 1.4172 1.4357 Pound Sterling 2.1262 2.1542 Swiss Franc 1.3342 [...]
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Posted by Contributor on at 12:58 pm in Business, Financial Institutions, Other Top Stories
By Emily Bowers (Bloomberg) — Ghana’s economic growth will average between 9.5 percent and 10.5 percent over the next five years as revenue from oil production starts to flow to the government, Databank Financial Services said. Growth will accelerate to about 6.3 percent this year from 4.9 percent in 2009 as the government of the [...]
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Posted by Contributor on at 12:54 pm in Business, Financial Institutions
GNA – The following are the average inter-bank exchange rate of the dollar and derived rates for the major currencies against the cedi as issued by the Ghana Association of Bankers on Tuesday, March 23, 2010. GHANA CEDI EQUIVALENT OF CURRENCY CURRENCY BUYING SELLING US Dollar 1.4173 1.4357 Pound Sterling 2.1307 2.1588 Swiss Franc 1.3363 [...]
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Posted by Contributor on at 12:53 pm in Business, Financial Institutions, Other Top Stories
By Emily Bowers (Bloomberg) — Ghana Commercial Bank Ltd., the nation’s biggest lender by branches, said its annual profit halved as loan losses from money owed to it by a state oil refinery increased. Net income for the year ending Dec. 31 was 18.8 million cedis ($13.3 million) compared with 37.6 million cedis a year [...]
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Posted by Contributor on March 22, 2010 at 8:30 pm in Business, Financial Institutions
By Garth Theunissen (Bloomberg) — The following events and economic reports may influence trading in sub-Saharan African bonds and currencies today. Bond yields and exchange rates are from the previous session. Democratic Republic of Congo: The central African nation’s planning minister is expected to comment on new transparency initiatives. The Congolese franc fell 0.3 percent [...]
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Posted by Contributor on at 8:03 pm in Business, Financial Institutions, Other Top Stories
GNA – The head of Microfinance and Small Loans Centre, (MASLOC) Ms Bertha Ansah-Djan, has said that accelerating access to credit for the vulnerable who are productive would alleviate poverty. She said: “Microfinance as a tool is one of the critical dimensions of the broad range of financial services for the productive poor and giving [...]
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