Tag: Stanchart
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Stanchart launches SC keyboard on banking app
Standard Chartered has launched a Social Banking Solution, SC Keyboard as part of its digital drive. The feature is part of the Bank’s Full Digital Bank on Mobile – SC Mobile and allows the Bank’s customers to access a variety of financial services from within any social or messaging platform without having to open the…
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We’ve saved deposits of 1m Ghanaians in cleaning banking sector – Nana Addo
President Nana Addo Dankwa Akufo-Addo has revealed that the rationalization of the banking sector, undertaken by his government, has ensured that deposits of one million, one hundred and forty-seven thousand, three hundred and sixty-six (1,147,366) Ghanaians were saved. Speaking at the inauguration ceremony of the new Standard Chartered Head Office on Wednesday, 3rd October, 2018, President…
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Investor confidence influences ‘lower’ interest on 10yr energy bond
Economists have attributed the relatively lower interest rates on the re-opened ten year energy bond to the relative stability in the Ghanaian economy. The managers of ESLA Plc, the entity mandated to raise money to settle the energy sector debts, yesterday had its ten year bond oversubscribed at an interest rate around 19 percent. This…
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Energy bond auction ends today
Government is expected to conclude the auctioning of the energy bond Friday, November 3, 2017; barring any last minute changes. Managers of the bond had to extend the auction for the bond after they failed to raise the 6 billion cedis expected. The 7 year bond made the 2.4 billion cedi mark after auctioning closed…
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Govt to pay 17-19% interest on energy bond
Government may not be paying anything less than 17 percent in interest for the energy bond. At least this is the indication from managers of the bond following the announcement of their estimated interest rate for the energy bond. Lead managers of the bond, tell Citi Business News the target is also largely due to…
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Energy bond auctioning extended
The closing date for the auction of the energy bond has been extended to Friday, October 27, 2017. This is a day ahead of the initial scheduled date of Thursday, October 26, 2017. Subsequently, the issuing date for the bond has been rescheduled to November 1, 2017. This also is a day ahead of the…