Tag: John Awuah
-
More collaboration needed to further de-risk Agric sector – GAB
As government continues to contemplate introducing legislation to force banks to lend to the Agriculture sector, the Ghana Association of Bankers is calling for increased collaboration between public and private sector players to de-risk the sector. This comes on the back of recent remarks by the Minister of Food and Agriculture, to the effect that…
-
Introducing legislation to force banks to lend is not the way to go – GAB advises
The Ghana Association of Banks has advised against using legislation to force banks to lend to the Agriculture sector. This comes on the back of recent remarks by the Minister of Food and Agriculture, to the effect that the banking sector has not been lending enough to the country’s agriculture sector to support its transformation.…
-
Financial transactions will be allowed even without Ghana card from 1st July – GAB assures
The Ghana Association of Banks has assured that despite the end of the period given for customers of financial institutions to update their data with the Ghana Card, they will be able to still carry out banking transactions even without the card. The directive regarding the update of the data of customers of financial institutions…
-
Our investment in security systems will minimize fraud cases – GAB
The Ghana Association of Banks says its members have invested heavily in infrastructure to help prevent and detect fraudulent activities in their systems. President of the Association, John Awuah stated that “The good thing is as a community of banks the level of investment that we have undertaken to be able to stop these fraudsters…
-
Banks likely to give more loans if Ghana card policy takes effect – Bankers Assoc.
The Ghana Association of Bankers, says it is confident banks will be willing to give out more loans after the Ghana Card becomes the only card accepted for all financial transactions. The Bank of Ghana has directed all licensed and regulated financial institutions under the central bank, to accept only the Ghana Card for transactions…
-
Bankers Association calls for increased ATM fraud education
The Ghana Bankers Association has called for increased education on ATM or Card fraud in the country. The 2020 fraud report from the Central Bank revealed that among other things, ATM or Card fraud accounted for 6.3% of the total number of reported cases, as compared to a proportion of 4.7% recorded in 2019. Also,…
-
56% of fraud cases in Banks and SDIs involved staff members – BoG Report
The significant increase in the reported value of fraud recorded by Banks and Specialized Deposit-Taking Institutions in Ghana in 2020, which stands at GHS1 billion, was a result of a number of factors, including the involvement of staff of these financial institutions. According to the Bank of Ghana’s new fraud report for the year 2020,…
-
Ghana Association of Bankers appoints John Awuah as Deputy CEO
The Ghana Association of Bankers has appointed Mr. John Awuah as the Deputy Chief Executive Officer of the Association. He will take over from the current Chief Executive Officer, Mr. D.K. Mensah when the latter retires later this year. Prior to his appointment, Mr. Awuah was the Managing Partner of Jawuah & Co. Advisors Ltd,…