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Best Banks in Ghana 2020

Best Banks in Ghana 2020

There are currently 24 officially registered banks in Ghana listed in the Bank of Ghana’s bank directory. We have listed the best banks in Ghana 2020 that you can confidently put your money without fear. There are various parameters one can use to rank high performing banks for investing. However, we relied on the profit made by each bank in the year 2019. We also included the operating income and the total assets of each bank.

List of Best Banks in Ghana 2020

Ecobank Ghana

Ecobank Ghana is a commercial bank in Ghana. It is one of the commercial banks licensed by the Bank of Ghana, the national banking regulator. The bank is a fully networked commercial bank in Ghana with branches in almost all regions of the nation.

Operating Income: $1,622,259

Profit for the year: $274, 934

Total Assets: $23,641,184

Societe General Ghana

Societe General is one of the biggest banks in Ghana with assets. Well its also one of the performing banks.

Operating Income: Ghs509,042,850

Profit:Ghs 128,542,186

Total Assets; Ghs4,443,909,209

Bank of Africa Ghana

Bank of Africa Ghana Limited, also referred to as BOA Ghana, is a commercial bank in Ghana. It is one of the commercial banks licensed by Bank of Ghana, the central bank of Ghana, and the national banking regulator.

The bank is a member of Bank of Africa Group, a multinational, Pan African bank headquartered in Bamako, Mali, with a presence in fourteen African countries. As of 2019, the bank reports indicate

Operating Income:Ghs 217, 088,045

Profit for the year :Ghs 65,496,451

Total Assets: Ghs 2,047,375,533

ABSA Ghana

Absa Bank Ghana Limited (ABGL), formerly known as Barclays Bank Ghana Limited, is a commercial bank in Ghana, licensed by the Bank of Ghana, the country’s central bank and national banking regulator. As of 2019, The banks performance is as stated

Operating Income: Ghs 1,164,078

Profit for the year: Ghs 468,623

Total Assets: 11,772,546

GCB

GCB Bank Limited formally known as Ghana Commercial Bank is the largest bank in Ghana in terms of total operating assets and share of industry deposits, with 14.2% of total industry deposits. In August 2017, the Bank of Ghana, the nation’s central bank, announced that it had approved a Purchase and Assumption transaction with GCB Bank Limited for the transfer of all deposits and selected assets of UT Bank and Capital Bank (Ghana) to GCB Bank Ltd.

Operating Income: Ghs1,563,445

Profit; Ghs 421, 003

Total Assets: 12, 416, 741

Standard Charted Bank Ghana

Standard Chartered Ghana (officially Standard Chartered Bank Ghana Limited) is a banking and financial services company in Ghana, and an 80% subsidiary of Standard Chartered. They are listed on the stock index of the Ghana Stock Exchange, the GSE All-Share Index. Operating since 1896, it is one of the oldest companies in Ghana. It is the successor to the Bank of British West Africa in Ghana.

Operating Income: Ghs 853,032

Profit: 281, 856

Total Assets: 7, 618,622

List of Best Banks in Ghana 2020

Stanbic bank Ghana

Stanbic Bank Ghana is a member of the Standard Bank Group, a purely African Bank which provides a range of financial services to its customers. The bank is made up of three divisions ie: Corporate and Investment Banking (CIB), Private and Business Banking (PBB) and Stanbic Ghana Wealth and Investment. Stanbic Bank Ghana started operating in 1999 and now has 36 branches nationwide.

Operating income; Ghs 975,439

Profit: Ghs 280, 654

Read Stanbic Bank Branches

Fidelity Bank

Read Fidelity Bank Branches

Fidelity Bank is a commercial bank in Ghana which was issued with its Universal Banking License on June 28, 2006, making it the 22nd bank to be licensed by the Bank of Ghana. As of 2019 Fidelity Bank reported ;

Operating Income : Ghs 920, 320

Profit: Ghs 267, 657

Total Assets: 10. 607, 977

Zenith Bank

The Bank’s main service delivery channels include thirty-eight (38) business locations (branches and agencies) as well as numerous ATMs and Point of Sale terminals strategically located in various cities and towns across Ghana. Zenith also offers real-time internet and mobile banking which enables customers to access banking services on-the-go.

Operating Income: Ghs621, 560

Profit: Ghs 246, 467

Total Assets: 6,691,004

Calbank Ghana

Cal bank Branches and contacts

List of Best Banks in Ghana 2020

CalBank formerly Continental Acceptances Ltd and Cal Merchant Bank commenced operations in July 1990, providing world-class financial solutions to the Ghanaian banking sector. CalBank received its Universal Banking License in 2004 and soon commenced providing specialized retail banking services.

Operating Income: Ghs 596,392

Profit: Ghs 173,413

Total Assets : 7,048,498

Access Bank Ghana

Access Bank Ghana PLC, is a full-service commercial bank in Ghana, licensed by the Bank of Ghana, the Central Bank, and national banking regulator. The Bank offers universal banking services to Corporate, Commercial, Retail customers and Financial Institutions across Ghana

The Bank is a subsidiary and component of the Access Bank Group, a financial services conglomerate with headquarters in Nigeria and subsidiaries in eight Sub-Saharan African countries, China, India, Dubai, Lebanon, and the United Kingdom.

Operating income: Ghs383, 100

Profit: Ghs 173, 704

Total Assets: 4, 711,771

CBG

Consolidated Bank Ghana Limited (CBG) is an Indigenous Ghanaian Universal Bank licensed by Bank of Ghana under the Specialized Deposit-Taking Institutions Act, 2016 (Act 930).

The Bank started operations on August 1, 2018. With its Corporate Head Office located in Accra, the Bank has 114 branches across 14 regions in Ghana.

Operating Income: Ghs 569,417

Profit: Ghs: 69,047

Total Assets : 6,942,990

List of Best Banks in Ghana 2020

GT Bank

Agricultural Development Bank

Firs Atlantic Bank

First National Bank

Republic Bank

Prudential Bank

OmniBank

National Investment Bank

GHL Bank

FBNBank

ENTREPRENEURSHIP

How to Make Money on Quora

how to make money on quora

Learn how to make money by asking questions on quora

Did you know you can make money just by asking relevant questions or giving useful answers to questions online?

We are about to show you how.

What is Quora ?

Quora  is an American question-and-answer website where questions are asked, answered, followed, and edited by Internet users, either factually or in the form of opinions.

Today, the site gets almost 500 million views per month. this means the a great opportunity for anyone with an expertise in any field to make some real money.

Read Top 10 Best Brokers Now

There two main ways one can make money on the quora platform.

1 Quora’s Partner Program

The Quora Partner program is an invite-only system that will pay you real money for asking questions on Quora. That’s right- by just asking questions, you can potentially earn thousands of dollars every month. You don’t have to provide answers either- users of Quora will happily provide answers to your questions-  you get paid based on the questions you ask. It sounds simple right? So how do you get an invite for this get-rich-quick scheme?

Unfortunately, Quora’s partner program is invite-only. That means, you have to be asked by Quora themselves to participate. They usually only ask users of their site who have been active in the past.

The is no real statistics on how one can qualify for this program. However, spending more time on the platform by answering questions and asking relevant questions can work a trick.

You can also qualify by updating you bio, and filling your profile info.

You get paid for asking questions because, quora will place ads on the page where your questions appear. The more people see your questions, the more you get paid.

Why is the Quora Partner program invite-only? Good question. It’s probably to help sustain the program. By allowing everyone to sign up to it, Quora’s moderators will have a harder job at filtering through all the junk questions and the overall quality of Quora questions will slowly go down

how to make money on quora

2 Affiliate Marketing

We spoke about the Quora partner program which is an invite only program, now if you are on the Quora platform but you are not invited, how do you make money?

Well you can search for questions relating to particular products you are familiar with, provide accurate and relevant answers to those questions and providing a link to your affiliate product, in that way when someone purchase something through your link, you get a commission.

Create a Business Profile

If you are a business owner seeking to get more customers for your products, you might want to make good use of the Quora business profile.

You can earn money this way by answering questions from your customers and linking them to your products. Also quora will place your business bio next to answers you provide on the platform thereby giving your business more exposure.

To create a business profile on quora, you can visit this link

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ENTREPRENEURSHIP

Top 10 Best Forex Brokers in 2020

Top 10 Best Forex Brokers in the world 2020

We bring to you the best Forex Brokers in the world in 2020.

Striving to find a Forex Broker which is a perfect match for your trading style and goals? 

We have gathered information from Dailytrading, Investopedia and other reputed online sites about the best Forex Brokers .

Read through to choose the best one for you.

Top 10 Best Forex Brokers in the world 2020

XM 

best Forex Brokers in the world in 2020.

XM.com deliver ultra low spreads across a huge range of Forex markets. Flexible lot sizes, and Micro and XM Zero accounts accommodate every level of trader.

Visit their website here

IQ Option

Top 10 Best Forex Brokers in the world 2020

Another best forext broker on our list is IQ option. IQ Option platform provides clients with an opportunity to trade 500+ assets: including currencies, indices, commodities and stocks. With IQ Option, shares of Tesla, Netflix, Spotify, Alibaba, Microsoft, Disney, oil, gold and many more assets can be traded on the same platform.

best Forex Brokers

Plus500

Plus500 Offer forex trading via CFDs with tight variable spreads and a range of well over 70 currency pairs. Free Unlimited Demo Account.

Trading 212

Trading 212 is a London based fintech company that democratises the financial markets with free, smart and easy to use apps, enabling anyone to trade equities, Forex, commodities and more.

best Forex Brokers

Since 2016 they’ve been the UK’s #1 trading app, and in 2017 we reached the #1 spot in Germany.

XTB

XTB is a solid choice for traders that want to minimize their costs, whether it be the inherent cost of placing a trade (bid/ask spread) or not having to be burdened with extraneous costs, such as wire fees. XTB offers maximum leverage of up to 500:1 for non-U.K. accounts while U.K. accounts get up to 30:1 leverage. The firm places an emphasis on customer support and offers relevant educational tools and research amenities that would be well-suited to a novice trader. This company is ranked as the winner of Investopedia’s Best Forex Broker for Low Costs in 2020.

Pepperstone

Pepperstone offers spreads from 0.0 pips on the Razor account and have almost 61+ pairs available to trade. Lots start at 0.01.

Read Best Investments in Ghana

Markets.com

Among the list of best Forex brokers in 2020 in terms of safety is Markets.com. It is an advanced for of trading that is recommended for people with some level of experience in trading.

best Forex Brokers

Binary.com

Binary.com is one of the oldest and most respected names in online binary trading.

customers can trade currencies, stock indices, commodities, and synthetic indices 24/7. 

Read Highest Paid Jobs in the world

best Forex Brokers

IG

With IG there’s no minimum balance to open an account, it takes less than five minutes, and there’s no obligation to fund or trade.

FXTM

FXTM offers a range of trading platforms. Desktop or laptop users can choose from Metatrader 4 or Metatrader 5.

FXTM offers multiple deposits and withdrawals methods, all geared towards inclusive trading.

Read Highest Paying Companies in Ghana

FXTM offers a high-grade demo account which enables individuals to hone their trading skills before investing their hard-earned cash. Forex is traditionally seen as a risky form of trading, so making sure that you have the correct skills before beginning to “trade for real” is essential.

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ENTREPRENEURSHIP

Best Phone in the World

best phone in the world

The use of mobile phones has become part of everyday life. Research shows there are over 5.6 billion phone users in the world as of early 2020. Finding the best phone in the world is very helpful. In this article, we will be sharing with you the best phone in the world

Best Phone in the World

Galaxy S20 5G

best phone in the world
Image source:pdevice

Galaxy S20 5G is the best phone in the world. The smartphone released in February 2020.

The smartphone dimension is 151.7 x 69.1 x 7.9 mm and it weighs 163 grams. The screen is a Dynamic AMOLED 2X capacitive touchscreen, which has a size of 6.2 inches.

While the screen is protected with Corning Gorilla Glass 6, it provides additional features such as HDR10+, Always-on display, and 120Hz (up to FHD resolution). There is no 3.5 mm jack.

The device is IP68 dust/water resistant (up to 1.5m for 30 mins) and has Samsung Pay (Visa, MasterCard certified).

Read Also Most Expensive cars in the world

The rear camera of the smartphone consists of a 12 MP, (wide) + 64 MP, (telephoto) 3x hybrid optical zoom + 12 MP (ultrawide), AF Super Steady video.

While on the front there is a 10 MP camera for shooting selfies and features options such as Dual video call and Auto-HDR.

The Samsung Galaxy S20 5G is powered by the Exynos 990 – Global Octa-core Qualcomm Snapdragon 865 – USA processor.

Read Most expensive thing in the world

The smartphone is fueled with Non-removable Li-Po 4000 mAh battery + Fast battery charging 25W + USB Power Delivery 3.0 + Fast Qi/PMA wireless charging 15W + Power bank/Reverse wireless charging 9W.

Read on the list of Most Expensive mobile phones

The focus on the S20 line this year is universal 5G and improved camera experiences. This makes it the best phone in the world

An argument can be made that the S20 series isn’t the best smartphone available today, but in terms of 5G and the latest technology, they are tough to beat. The price makes them a bit tougher to justify, but when you realize how this tool is used constantly the price for the value is easier to comprehend.

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