Strategic Reforms to Strengthen Ghana’s Financial Safety Net As part of efforts to enhance the country’s financial safety net and ensure readiness for payouts during institutional distress, the Ghana Deposit Protection Fund is set to undergo significant strategic changes. This was announced by the Governor of the Bank of Ghana, Dr. Johnson Pandit Asiama, during a recent event. Diversification for …
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Exceptional Growth and Strategic Moves at Fiaseman Rural Bank PLC Fiaseman Rural Bank PLC, located in Bogoso within the Prestea Huni-Valley district of the Western Region, has demonstrated remarkable financial performance in 2024. The bank’s achievements have been highlighted across various financial indicators, showcasing a significant upward trend in profitability and operational efficiency. Profitability and Dividend Performance The bank reported …
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Transforming Financial Services in Africa Through Strategic Collaboration Ecobank, a leading pan-African financial services group, has entered into a groundbreaking partnership with Google Cloud to revolutionize the way financial services are delivered across the continent. This collaboration is focused on harnessing advanced analytics and artificial intelligence (AI) to drive digital empowerment and transform the financial landscape in Africa. The initiative …
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Hong Kong’s Senior Citizens Face New Investment Opportunities and Risks As the population of Hong Kong continues to age, financial institutions are increasingly targeting retirees with new investment products designed to provide regular income streams. These offerings come amid a broader government initiative aimed at capitalizing on the opportunities presented by the so-called “silver economy.” However, experts caution that investors …
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