• About
  • Advertise
  • Privacy & Policy
  • Contact
Monday, March 8, 2021
  • Login
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • Sports
  • Arts & Lifestyle
    • Lifestyle
    • Fashion
  • Election 2020
No Result
View All Result
The Vaultz News

Banking: FirstRand to Build One-Stop Banking Shop in Ghana

  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • Sports
  • Arts & Lifestyle
    • Lifestyle
    • Fashion
  • Election 2020
No Result
View All Result
The Vaultz News
No Result
View All Result

Banking: FirstRand to Build One-Stop Banking Shop in Ghana

July 14, 2020
TopebyTope
in Economics (x), Ghana News, Top Stories
0
Banking: FirstRand to Build One-Stop Banking Shop in Ghana

Pedestrians pass the headquarters of First National Bank (FNB), a division of FirstRand Bank Ltd., in Johannesburg.

FirstRand Ltd. plans to replicate its South African business, where it is a leader in car and home finance, in Ghana following the takeover of the West African nation’s biggest mortgage provider.

First National Bank Ghana Ltd. will also expand GHL Bank Ltd.’s offerings to include insurance, personal loans and investment products, said Dominic Adu, the chief executive officer of the combined entity. Until the deal in May, FirstRand was mainly focused on corporate and investment banking after getting a license to operate in Ghana in 2014.

“We’re a growing bank — we’re mobilizing a lot of deposits,” he said in an interview in Ghana’s capital, Accra. “Therefore, as our cost of funding comes down, we will have to pass that on to borrowers. I see a trend toward lower interest rates. Once that’s addressed people will then have the confidence to borrow.”

FirstRand, Africa’s biggest bank by market value, builds its strategy around offering its customers as many services as possible, from within the group, to boost revenue and protect profit margins.

To be updated ……

Tags: FirstRandGHL Bank Ltd
Login
guest
guest
0 Comments
Inline Feedbacks
View all comments
Previous Post

Accra Girls’ SHS: 55 students, staff test positive for COVID-19 after testing exercise

Next Post

Newspaper Headlines: Over 200 doctors infected with COVID-19

Sign up for The Vaultz analytic wire

Get weekly news analysis from top editors at The Vaultz and stay informed on trending economic and business issues from across the globe.

Related Posts

Insurance industry charged to proactively engage AfCFTA policymakers
Insurance

Insurance industry charged to proactively engage AfCFTA policymakers

March 8, 2021
Ghana beats regional peers in UN’s frontier technology use and adoption index
Economy

Ghana beats regional peers in UN’s frontier technology use and adoption index

March 8, 2021
Ghana among countries attracting more FDI inflows historically
Economy

Ghana among countries attracting more FDI inflows historically

March 8, 2021
T-Bills Oversubscribed but Gov’t Rejects GH¢531.09 million
Securities/Markets

Interest rates on T-bills dips on money market

March 8, 2021
Bond Sales Hit GH¢1,839.65m as Investors’ Confidence Improve
Securities/Markets

Gov’t raises GH¢1.77 billion from 5-year bond issuance

March 6, 2021
Ghana @64: Celebrating The Moment, Reflecting The Past
Economy

Ghana @64: Celebrating The Moment, Reflecting The Past

March 6, 2021
Insurance industry charged to proactively engage AfCFTA policymakers
Insurance

Insurance industry charged to proactively engage AfCFTA policymakers

by Afua AsomaningMarch 8, 2021
Ghana beats regional peers in UN’s frontier technology use and adoption index
Economy

Ghana beats regional peers in UN’s frontier technology use and adoption index

by Stephen AbankwahMarch 8, 2021
A young female farmer wins the ‘Choose to Challenge’ Award
Agribusiness

A young female farmer wins the ‘Choose to Challenge’ Award

by Collins LarkaiMarch 8, 2021
Niger’s president Issoufou wins coveted Mo Ibrahim prize
Africa

Niger’s President Issoufou wins coveted Mo Ibrahim prize

by DerrickMarch 8, 2021
, 'Hey Woman' today, as part of the activities to commemorate International Women's Day. Taking to her Instagram page, the ace actress posted the almost six minute's video
Entertainment

STEPHANIE LINUS MARKS INTERNATIONAL WOMENS DAY WITH ‘HEY WOMAN’.

by Dorcas DamehMarch 8, 2021
AfDB approves $1. 3M to enhance women’s digital access to loans and micro-insurance
Africa

AfDB approves $1. 3M to enhance women’s digital access to loans and micro-insurance

by Stephen KotochieMarch 8, 2021
Insurance industry charged to proactively engage AfCFTA policymakers
Ghana beats regional peers in UN’s frontier technology use and adoption index
A young female farmer wins the ‘Choose to Challenge’ Award
Niger’s president Issoufou wins coveted Mo Ibrahim prize
, 'Hey Woman' today, as part of the activities to commemorate International Women's Day. Taking to her Instagram page, the ace actress posted the almost six minute's video
AfDB approves $1. 3M to enhance women’s digital access to loans and micro-insurance
[/vc_row_inner]

Trending

  • The Management of the Ghana Education Service has disclosed a new SHS1 Re-opening date for first-year students.

    GES postpone reopening for first years to March 18

    52 shares
    Share 21 Tweet 13
  • Attack On Speaker Unwarranted- Mahama Ayariga

    47 shares
    Share 19 Tweet 12
  • Domelevo’s Retirement Shouldn’t Surprise Anyone- Prof Asare

    39 shares
    Share 16 Tweet 10
  • DIANA HAMILTON SET TO RELEASE SECOND COLLECTION OF CLOTHING LINE TODAY

    34 shares
    Share 14 Tweet 9
  • Vaccinated Persons Can Still Contract Virus After First Dose- Asiedu Bekoe

    29 shares
    Share 12 Tweet 7
Snow

The Vaultz News

Copyright © 2020 The Vaultz. All rights reserved.

Navigate Site

  • About
  • Advertise
  • Privacy & Policy
  • Contact

Follow Us

No Result
View All Result
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • Sports
  • Arts & Lifestyle
    • Lifestyle
    • Fashion
  • Election 2020

Copyright © 2020 The Vaultz. All rights reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
The Vaultz News


This website uses cookies to enable, optimise and analyse site operations, as well as to provide personalised content and allow to connect to social media. By clicking "ACCEPT" you consent to the use of cookies for non-essential functions and the related processing of personal data. You can adjust your cookies and associated data processing preferences any time in our "Cookies settings". Please view our cookies policy to learn more about the use of cookies on our website.

Cookies settingsACCEPT
Privacy & Cookies Policy

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may have an effect on your browsing experience.
Necessary
Always Enabled

Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.

Non-necessary

Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.

0
0
Would love your thoughts, please comment.x
()
x
| Reply