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Republic Bank (Ghana) PLC is a commercial bank in Ghana. It is one of the commercial banks licensed by the Bank of Ghana, the central bank and national banking regulator. Location The headquarters of the bank are located at 48A, Sixth Avenue, North Ridge, Accra, Ghana. The geographical coordinates of the bank's headquarters are: 05°34'09.0"N, 0°11'40.0"W (Latitude:5.569167; Longitude:-0.194444). Overview , Republic Bank (Ghana) PLC was a medium-sized financial services provider in Ghana, with total assets valued at GHS:3.377 billion (US$586.5 million) and shareholders' equity valued at GHS:574,616,000 (approximately US$99.8 million). Republic Bank (Ghana) PLC Republic Bank (Ghana) PLC is a component and subsidiary of the Republic Bank Group, with headquarters in Trinidad and Tobago, with banking subsidiaries in Barbados, Cayman Islands, Ghana, Grenada, Guyana, Suriname and Trinidad and Tobago. As of 31 January, the group's holding company, Republic Financial Holdings Limi ...
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Public Company
A public company is a company whose ownership is organized via shares of share capital, stock which are intended to be freely traded on a stock exchange or in over-the-counter (finance), over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listing (finance), listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states and so have associations and formal designations, which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation, though a corporation need not be a public company. In the United Kin ...
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Grenada
Grenada is an island country of the West Indies in the eastern Caribbean Sea. The southernmost of the Windward Islands, Grenada is directly south of Saint Vincent and the Grenadines and about north of Trinidad and Tobago, Trinidad and the South American mainland. Grenada consists of the island of Grenada itself, two smaller islands, Carriacou and Petite Martinique, and several small islands which lie to the north of the main island and are a part of the Grenadines. Its size is , with an estimated population of 114,621 in 2024. Its capital is St. George's, Grenada, St. George's. Grenada is also known as the "Island of Spice" due to its production of nutmeg and mace (spice), mace crops. Before the European colonization of the Americas, arrival of Europeans in the Americas, Grenada was inhabited by the Indigenous peoples of the Americas, indigenous peoples from South America. Christopher Columbus sighted Grenada in 1498 during his Voyages of Christopher Columbus, third voyage t ...
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Ghanaian Companies Established In 1990
The Ghanaian people are a nation originating in the Ghanaian Gold Coast. Ghanaians predominantly inhabit the Republic of Ghana and are the predominant cultural group and residents of Ghana, numbering 34 million people as of 2024, making up 85% of the population. The word "Ghana" means "warrior king". An estimated diaspora population of 4 million people worldwide are of Ghanaian descent. The term ethnic Ghanaian may also be used in some contexts to refer to a group of related ethnic groups native to the Gold Coast. History The ethnogenesis of Ghanaians is traced back to nomadic migration from Nubia along the Sahara desert then south to the Gold Coast, and the Ghanaian ethnogenesis taking place on the Ghanaian Gold Coast region from the 10th to 16th century AD. Early Ghanaians were involved in a lucrative trade with gold bars and other natural minerals to the Portuguese in 1471; these Ghanaian states were among the wealthiest on the African continent from the 17th century ...
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Companies Based In Accra
A company, abbreviated as co., is a legal entity representing an association of legal people, whether natural, juridical or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Over time, companies have evolved to have the following features: "separate legal personality, limited liability, transferable shares, investor ownership, and a managerial hierarchy". The company, as an entity, was created by the state which granted the privilege of incorporation. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is to generate sales, revenue, and profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duties according to the publicly declared incorporation pu ...
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Banks Of Ghana
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. As banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional-reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but, in many ways, functioned as a continuation of ideas and concepts of credit and lending that had their roots in the ancie ...
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List Of Financial Institutions In Ghana
Below is a list of commercial banks in Ghana, as updated by the Bank of Ghana in late 2024. List of commercial banks * Absa Bank Ghana Limited, part of Absa Group * Access Bank (Ghana) PLC, part of Access Bank Group * Agricultural Development Bank PLC, state-owned * Bank of Africa Ghana Limited, part of Bank of Africa Group * CalBank PLC * Consolidated Bank Ghana Limited, state-owned * Ecobank Ghana PLC, part of Ecobank Group * FBNBank (Ghana) Limited, part of First Bank of Nigeria Group * Fidelity Bank Ghana Limited * First Atlantic Bank Limited * First National Bank (Ghana) Limited, part of FirstRand Group * GCB Bank PLC, majority state-owned * Guaranty Trust Bank (Ghana) Limited, part of GTCO Group * National Investment Bank Limited, state-owned * OmniBSIC Bank Ghana Limited * Prudential Bank Limited * Republic Bank (Ghana) PLC, part of Republic Bank Group * Societe Generale Ghana PLC, part of Société Générale * Stanbic Bank Ghana Limited, part of Standard ...
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Tamale, Ghana
Tamale () is the capital city of the Northern Region of Ghana. It is Ghana's third largest city, with a population of 371,351 people (as of 2010). The city has been ranked as the fastest-growing city in West Africa. Tamale is located in the Kingdom of Dagbon, Ghana's oldest Kingdom. Major ethnic groups who resided in Tamale are Dagomba, Gonja, Mamprusi, Akan, and Dagaaba. The city grew from a small village to an important economic center in the Northern Territories after the British had established administrative headquarters in the area. It became the capital of the Northern Region in 1960. The biggest economic sector of Tamale is agriculture, followed by trading, teaching, and manufacturing. Tamale boasts a thriving artistic and literary scene, evident in its numerous art studios, poets, and musicians. Numerous art studios are scattered throughout the urban landscape. Annual festivals are celebrated all around the city, such as fire festival, Eid ul-Fitr, Eid Adha an ...
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Kumasi
Kumasi is a city and the capital of the Kumasi Metropolitan Assembly and the Ashanti Region of Ghana. It is the second largest city in the country, with a population of 443,981 as of the 2021 census. Kumasi is located in a rain forest region near Lake Bosomtwe and is located about from Accra.Straight line distances from: Daft Logic; The city experiences a tropical savanna climate, with two rainy seasons which range from minor to major. Major ethnic groups who live in Kumasi are the Ashanti people, Asante, Mole-Dagbon people, Mole-Dagbon and Ewe people, Ewe. As of 2021, the mayor of the metropolitan is Samuel Pyne. The city was the capital of the Asante Empire, which at its peak covered large parts of present-day Ghana and the Ivory Coast. After being taken over by the British Empire, British in 1896 coupled with experiencing a fast population growth, Kumasi rapidly grew with improvements to its infrastructure, such as roads and the addition of railways. After Ghana gained it ...
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Legon
Legon , a suburb of the Ghanaian city Accra, is situated about north-east of the city center in the Ayawaso West Municipal District, a district in the Greater Accra Region of Ghana. Legon is home to the main campus of the University of Ghana. Ghanaians loosely refer to the University of Ghana simply as "Legon". Legon is also home to a few of Ghana's well known educational institutions such as Presbyterian Boys' Secondary School (PRESEC-Legon), Ghana Institute of Management and Public Administration(GIMPA) and the University of Professional Studies, Accra(UPSA). Legon is adjacent to one of the most prestigious residential suburbs of Accra - East Legon and only about 20 minutes drive from the Kotoka International Airport. Education The university has its own Elementary school, elementary and middle schools known commonly as the University of Ghana Primary School Legon, University Primary and Junior Secondary School (UPS) and the University of Ghana Staff Village Basic School. S ...
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Tema
Tema is a city on the Bight of Benin and Atlantic coast of Ghana. It is located east of the capital city; Accra, in the region of Greater Accra, and is the capital of the Tema Metropolitan District. As of 2013, Tema is the eleventh most populous settlement in Ghana, with a population of approximately 161,612 people – a marked decrease from its 2005 figure of 209,000.Tema
. GhanaWeb.com. Retrieved 9 March 2013.
The Greenwich Meridian (00 Longitude) passes directly through the city.Greater ...
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SSNIT
The Social Security and National Insurance Trust is an agency of the government of Ghana. Its job description, according to itwebsite is to administrate the National Pension Scheme. In so doing, the trust owns major amounts of stock in Ghana's principal companies. History The Trust was founded in 1972 according to NRCD 127, with the purpose of managing the National Social Security Scheme. Before 1972, the Scheme was jointly managed by the Department of Pensions and the State Insurance Corporation. The Trust used to manage the Social Security Scheme as a Provident Fund Scheme until 1991. After that, it changed to a Social Insurance Pension Scheme, which was governed by the PNDC law 247. In Ghana, there were changes made to the pension system by a law called Act 766 of 2008. This new system was put into action in January 2010, replacing all existing pension schemes in Ghana, including Cap 30. Later, in 2014, the National Pensions (Amendment) Act 883 was passed to modify some par ...
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Stock
Stocks (also capital stock, or sometimes interchangeably, shares) consist of all the Share (finance), shares by which ownership of a corporation or company is divided. A single share of the stock means fractional ownership of the corporation in proportion to the total number of shares. This typically entitles the shareholder (stockholder) to that fraction of the company's earnings, proceeds from liquidation of assets (after discharge of all Seniority (financial), senior claims such as secured and unsecured debt), or Voting interest, voting power, often dividing these up in proportion to the number of like shares each stockholder owns. Not all stock is necessarily equal, as certain classes of stock may be issued, for example, without voting rights, with enhanced voting rights, or with a certain priority to receive profits or liquidation proceeds before or after other classes of Shareholder, shareholders. Stock can be bought and sold over-the-counter (finance), privately or on ...
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