Tag: First National Bank Ghana
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RMB assists Ghana to issue $3bn+ multi-tranche Eurobond and inaugural zero-coupon tranche
In Africa’s largest Eurobond issuance since the onset of the Covid-19 pandemic, Rand Merchant Bank (RMB), the corporate and investment banking arm of FirstRand Bank Limited acted as Joint Lead Manager and Joint Bookrunner (JLM), alongside other transaction parties. The company also acted as dealer manager on Ghana’s Tender Offer on its 2023 maturity Eurobonds.…
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![Government bonds are set to outperform [ARTICLE]](https://citibusinessnews.com/wp-content/uploads/2021/03/AK4A6411.jpg)
Government bonds are set to outperform [ARTICLE]
Ghana local currency bonds (GHGBs) have had a spectacular start to the year, compressing by 125bp and outperforming North and East African peers such as Egypt and Kenya whose bonds have ticked up by c. 20bp. This is according to Head of Markets at First National Bank Ghana, Kofi Pianim. Mr. Pianim stated that, offshore…
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First National Bank appoints Dominic Adu as first Ghanaian CEO
First National Bank Ghana has appointed Dominic Adu as its first Ghanaian Chief Executive Officer. A press statement issued by the bank said Dominic Adu’s appointment will commence, effective Wednesday, July 01, 2020. Dominic takes over from Richard Hudson, who has served in this position since the inception of the bank five years ago. Mr.…
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First National Bank offers 6 months loan repayment deferment to customers
First National Bank is giving all its existing customers an opportunity to apply for repayment holidays, where a temporary moratorium will be placed on loan repayments for up to six months. According to the bank, the offer, which is part of its #RealHelp package is to bring relief to customers impacted by novel Coronavirus pandemic.…
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First National Bank cuts interest rate by 2% to alleviate impact of COVID-19
First National Bank Ghana Limited has announced a 2% interest rate cut on loans to all existing customers from 01 April 2020 for the length of time until a loan is due of all Ghana-cedi denominated loan facilities. According to the bank, the offer, which is part of the bank’s #RealHelp package is to cushion…
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First National Bank Ghana to reward customers in Pop quiz competition
First National Bank Ghana Limited has launched a pop quiz competition in collaboration with Accra-based Joy FM. The competition seeks to reward loyal customers, impart and share knowledge as well as help the bank live up to its brand promise of HELP. “We want to have very meaningful engagement with our customers and potential customers,”…