The Bank of Ghana (BoG) has urged fintech companies to move beyond expanding access to digital wallets and focus on increasing their actual use for payments, as SaoPay begins operations as a new Dedicated Electronic Money Issuer (DEMI).
GCB Bank is using transaction data generated by micro, small and medium-sized enterprises (MSMEs) to extend unsecured loans of up to GH¢1 million, seeking to overcome poor record-keeping and documentation gaps that often restrict their access to formal credit.
Development Bank Ghana (DBG) has committed an initial GH¢20million to Advans Ghana Savings and Loans Limited for on-lending to women-led businesses under a new pilot product, Mbaa Mpuntuo, with further funding promised if the pilot delivers results.
Stanbic Bank Ghana Ltd. has launched "Be Powered", a sustainability-focused campaign aimed at accelerating the adoption of renewable energy and sustainable mobility solutions across Ghana.
Absa Bank Ghana has appointed Stephen Ato Frimpong as Board Chair, effective October 1, 2026.
Morocco’s Attijariwafa Bank is set to become the majority shareholder of Société Générale Ghana (SG Ghana) after the French banking group agreed to sell its entire 60.22 percent stake in the listed lender.
Société Générale Group has agreed to sell its entire 60.22 percent stake in Société Générale Ghana (SG Ghana) to Morocco's Attijariwafa Bank and the Social Security and National Insurance Trust (SSNIT), ending the French lender's majority ownership of one of the country's established banks.
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