The Board of Directors of Zenith Bank Plc has approved the appointment of Mr. Henry Oroh as Executive Director of the bank. The appointment is consistent with the bank’s tradition and succession strategy of grooming leaders from within. Also, the Board has approved the appointment of Dr. Al-Mujtaba Abubakar, FCA, as an Independent Non-Executive Director.
GCB Bank has paid a dividend of GHS16.9 million to the government for the 2018 Fiscal Year. The cheque was presented to Mr Ken Ofori-Atta, Minister of Finance by the Managing Director of GCB Bank, Mr Anselm Ray Sowah at a short ceremony held at the Ministry of Finance on Wednesday 24th of July 2019.
First Bank of Nigeria Limited has announced its organisation of a Joint Seminar with sub-Saharan African Banking and Telecom Regulators to promote financial inclusion through digital innovations in sub-Saharan Africa. The event which was held in Lagos recently was themed “Advancing ePayment and Digital Innovations in Africa- Evolution of Nigeria’s Payment Systems”. The seminar was
SWIFT’s 26th African Regional Conference (ARC) was the largest yet, gathering more than 600 participants from 55 countries in Accra, Ghana, to talk about the future of Africa’s financial services sector. His Excellency Nana Akufo-Addo, the President of the Ghana, opened ARC 2019 and explained the steps being taken by Ghana to enable the digital
In Payments: looking to the future SWIFT challenges the community to revolutionise services and collaborate to bring this future closer. On the last day of the African Regional Conference (ARC) taking place in Accra, Ghana, SWIFT has released a landmark paper, “Payments: looking to the future”, in which the global co-operative articulates the future of
Figures released at SWIFT’s 26th African Regional Conference show much stronger growth in particular regions, including in West Africa at 29% Data released at the SWIFT African Regional Conference shows that SWIFT FIN messaging traffic in Africa has grown by 4.4% in the year-to-date. Figures are even stronger in the West African Monetary Zone, where
Through the WorldRemit website and app SMEs can now quickly and securely transfer money to pay employees and contractors in 140 countries including South Africa. Leading digital money transfer company WorldRemit has launched WorldRemit for Business, a new service that enables small and medium-sized business owners to quickly pay their employees and contractors in 140
The MD of GCB Bank, Anselm Ray Sowah has stated that GCB’s strong performance has increased significantly despite the challenges in the banking industry. He explained that the Bank had to deal with challenges as a result of cost hike and attendant low profit associated with the Purchase and Assumption of two banks in 2017.
The Managing Director of GCB Bank Ltd, Mr Anselm Ray Sowah, has announced initiatives aimed at repositioning the Bank as the gold standard for banking in the country. The initiatives include the rolling out of a mobile wallet and mobile app, launching of a new internet banking portal with business solution and agency banking. These
SWIFT will hold the 26th edition of the African Regional Conference (ARC) on 18-20 June 2019 in Accra, Ghana. The President of the Republic of Ghana, His Excellency Nana Akufo-Addo, will open the event. ARC is an annual event which brings together more than 500 senior financial professionals from across the continent to discuss the
