Category: economy
Leading Credit Unions in Ghana
The 20th Educational & Biennial Conference of the Ghana Co-Operative Credit Unions Association (CUA) was climaxed with an awards night on April 27, 2018. Undoubtedly, effort of the various unions were recognized. Based on the various nominations and awards received, we present to you the four leading Credit Unions in Ghana. 1.Hydro Co-operative Credit Union, […]
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CUA unveils CUA Capital Investment Limited
The CUA Capital Investment Limited (CCiL) was unveiled at the 20th Educational & Biennial Conference of the Ghana Co-Operative Credit Unions Association (CUA) on April 25, 2018. The CCiL which was initially proposed during the 18th Biennial conference in 2014 and tabled in the resolutions during the 19th biennial conference in 2016 was officially launched […]
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Amenfiman Rural Bank goes to Sefwi Bekwai
Tony Aubynn, Board Chairman (left) and the CEO, Dr Alex Asmah conferring with each other at the opening ceremony. The Amenfiman Rural Bank Limited at Wasa Akropong in the Wasa Amenfi East District in the Western Region has opened a branch at Sefwi Bekawi in the Western Region. The inauguration of the Sefwi Bekwai branch brings […]
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Minimum capital for Savings and Loans seen rising above GH¢50m
There are speculations that Savings and Loans Companies, one of the sub-groups of the Non-Bank Financial Institutions (NBFIs), could see their stated capital increased to GH¢50million from the current GH¢15million. With the central bank recently increasing the minimum capital for commercial banks from GH¢120million to GH¢400million, which is a 233 percent increment, players in the […]
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CEO Of CUA Calls For Co-Operation Amongst Credit Union.
Addressing shareholders at the 19th Annual General Meeting of the Ghana Ports and Harbours Authority (GPHA) Co-Operative Credit Union on February 23, 2018, Nana Kwasi Agyepong, the CEO of CUA and the Guest Speaker of the meeting besought the union, and all the unions across the country to learn to co-operate, liaising with each other […]
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BoG Licenses New Microfinance Companies
The Central Bank, in responding to challenges in the microfinance sector, has released a list of certified microfinance companies to help customers make informed choices. The list is made up of Tier 2 institutions or microfinance companies or and Tier 3 or money lending institutions across the country. In a statement accompanying the list, the […]
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ARB Apex Bank to raise GH₵100m locally
The ARB Apex Bank, the apex body for Rural and Community Banks (RCBs), is to raise GH₵100m to support the activities of RCBs nationwide, the bank’s Managing Director, Kojo Mattah, has confirmed. The bank, has therefore, officially informed the Securities and Exchange Commission (SEC) about the planned local road show and selected a lead manager […]
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GRA’s revenue target of GH¢ 39.8bn achievable – Nti
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GRA to announce tax amnesty guidelines next month
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Inflation decline to drive further policy rate cuts — Barclays
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