Tag: Stanbic Bank
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Stanbic CEO nutures strong partnerships with clients in Bono Region
Chief Executive of Stanbic Bank, Kwamina Asomaning, has met with some clients of the bank in the Bono Region capital of Sunyani as part of the bank’s commitment of building strong partnerships that spur growth in different sectors of the Ghanaian economy. Mr. Asomaning, who was accompanied by the Head, Brand and Marketing and at…
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Stanbic Board appoints Kwamina Asomaning as Chief Executive as Alhassan Andani retires
After 14 years of steering the affairs of Stanbic Bank Ghana Limited, Chief Executive (CE) Alhassan Andani will retire on November 30, 2020. The Board of Directors, with the approval of the Central Bank, has selected Kwamina Asomaning, currently the Executive Director of Corporate and Investment Banking, as the new Chief Executive. Kwamina Asomaning, Kwamina…
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Stanbic Bank supports COVID-19 fight with test kits donation to GHS
As part of its ‘All for One’ campaign, Stanbic Bank Ghana has delivered 3,008 units of COVID-19 Polymerase Chain Reaction (PCR) test kits and 3,072 units of Nucleic acid (RNA) extraction kits to the Ghana Health Service (GHS) to enhance its COVID-19 testing and early case detection capacity. This is the second round of test…
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Stanbic Bank Ghana launches new digital banking product ‘Safe and On Top’
Stanbic Ghana has launched its new product, ‘Safe and On Top’, a digital campaign aimed at enhancing customers’ experience by simplifying banking processes. As part of the new system, customers can now use the bank’s 120 ATMs not only to withdraw cash up to 10,000 cedis, but also deposit money into any Stanbic Account and…
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Local suppliers in petroleum upstream sector cry over high cost of credit
Local suppliers in the Petroleum Upstream sector are asking commercial banks to review downwards the cost of credit. The companies complain most of the banks charge relatively higher rates on loan packages which affect their returns. The local suppliers in the Petroleum Upstream sector are businesses that provide various services to major oil companies that…
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Standard Bank initiative connects African businesses to China
Standard Bank, the parent bank of Stanbic Ghana, has launched an initiative dubbed: “African China Agent Proposition” (ACAP) aimed at assisting African importers to source and validate quality goods from competitive suppliers in China. The initiative is expected to ease the cash flow of African importers by providing access to financing while empowering them…
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Minister urges Ghana-China talks on access to Yuan in Ghana
A Deputy Foreign Affairs Minister, Charles Wiredu has waded into debate on the use of Chinese Yuan by Ghanaian traders, asking the government to consider discussions on the issue. He says the move should facilitate easy trade and investment between the two countries. Many business associations have made an appeal to the government to enable…
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Economist pushes Ghana’s 2017 growth down to 6 %
Some Economists have projected that Ghana will end this year with 6 percent economic growth, down from the government’s 6.3 percent target. According to an Economist for Global Markets at Stanbic Bank, Ayomide Mejabi, the projected growth will also be influenced by increased activities in the oil sector other than the increased business and consumer…
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Align tax cuts to export sector to tame cedi’s fall – Stanbic Bank MD
Bankers have urged government to regulate its tax cut policies on imports in order not to miss out on the need to reduce imports and tame the depreciation of the cedi. In their view, the high imports have partly contributed to the perennial depreciation of the local currency in relation to major international trading ones.…
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Stanbic bank to compensate ‘swindled’ customers
Stanbic Bank has announced it will compensate its customers who were swindled by one of its contract workers recently. According to the bank, it has launched investigations into the fraud case in which a contract worker with the bank’s Tema Community one Branch, Martha Amakye has allegedly swindled some customers to the tune of GH¢900,000.…