Governor, Bank of Ghana, Dr Ernest Addison
Dr Ernest Addison, Governor of the Bank of Ghana (BoG) has stated that the human, health, economic, and financial costs of this pandemic are still mounting.
He said Ghana was fortunate that the financial sector reforms introduced over the last three years strengthened the balance sheet of banks and improved their solvency.
Delivering the keynote speech at the Ghana Association of Bankers (GAB) webinar on the topic: ‘Managing Banking Risks in Uncertain Times – COV ID-19 test case’ he said the Banking System in Ghana was better placed to absorb crisis and provide the financing needs of the economy as a result of the reforms including the recapitalisation of banks.
The 7-member Board of the e-Crime Bureau
e-Crime Bureau, Ghana’s leading cybersecurity and digital forensics firm has reconstituted and officially inaugurated its Board of Directors on February 6, 2020, to steer the vision and achieve the strategic targets set for the organisation for the next five (5) years.
The 7-member Board will be chaired by Ing. (Dr.) Kenneth Ashigbey, who is currently the Chief Executive Officer of the Ghana Telecommunications Chamber.
He was the former Managing Director of Graphic Communications Group Ltd and also a former Chief Technology Officer of the Multimedia Group Limited.
The brief ceremony which took place at the City Escape Hotel located at the Airport Residential Area, Accra was organised as a closed event in full compliance with Covid-19 protocols. The formal swearing-in of the Chairman and members of the Board was administered by Her Ladyship Justice Rebecca Naa Shormeh Sittie, a High Court Judge.
(Bloomberg)
Ghana banks are extending relief measures to cushion clients from the fallout of the coronavirus pandemic as a resurgence in the number of infections threatens an economic recovery.
Ghana Banks Extend Relief Measures as Virus Resurgence Risks Recovery
Moses Mozart Dzawu, Bloomberg News Vehicles travel along a road in Accra, Ghana, on Tuesday, Oct. 23, 2020. Ghana is missing out on a rally of African bonds as investors fret about an expansion in spending and borrowing ahead of elections in December. , Bloomberg
(Bloomberg)
Ghana banks are extending relief measures to cushion clients from the fallout of the coronavirus pandemic as a resurgence in the number of infections threatens an economic recovery.
Lenders are retaining measures such as reduced borrowing costs, restructured credit facilities and repayment holidays to customers into 2021 to âensure that the wheels of the economy continue grinding,â John Awuah, chief executive officer of the Ghana Association of Bankers, said by phone Thursday. New deadlines will be decided with the central bank after most programs ended at the end of Decembe
Top banking CEOs you won’t see again
In the coming year 2021, the banking sector in the country will no longer be with astute brands that have held the fort.
These individuals are peculiar for nurturing and growing the banking industry in Ghana they served and headed for decades.
About six managers, in 2020, have paved way for new managers to take over the helm of affairs and be a force to reckon in the coming decade.
Thus, the coming year will be the beginning of a new dawn for new banking executives to shape the sector as well as strengthen corporate governance and professionalism.