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Data from the Bank of Ghana shows that financial institutions and authorised users conducted an average of 2,114,636 monthly enquiries in 2023, marking a 46.5% increase from the 1,443,000 average monthly enquiries in 2022. The Bank of Ghana attributed the rise to the growing integration of credit reports in credit management processes across institutions. In […]
Consolidated Bank Ghana (CBG) has denied reports that the bank has been sold to a foreign entity. The reports, which circulated on social media, claimed that the bank was sold to a “Swiss Front” without parliamentary approval. It also urged depositors to withdraw their funds before the new owner takes over. In a statement issued […]
Fidelity Bank, Ghana’s largest privately-owned indigenous bank, is set to launch a new campaign titled ‘ɛbɛ fa,’ celebrating the resilience and visionary aspirations of its customers. The initiative reaffirms the bank’s commitment to being a supportive and forward-looking partner in the lives of Ghanaians. ‘Ɛbɛ fa,’ a Twi phrase meaning “It will happen” or “It […]