Yieldera

Should Other Banks with Brokerage Subsidiaries be Concerned About CAL Brokers Exit?

Capital Market / Leave a Comment

After 26 years, CAL Brokers, one of Ghana’s influential players in the securities industry, closed its doors in FY 2022. Being that it was but a subsidiary of a parent bank, it raises legitimate questions about the brokerage business and whether current market providers, with a similar organizational structure, should be concerned about profitability and […]

Should Other Banks with Brokerage Subsidiaries be Concerned About CAL Brokers Exit? Read More »

CAL Brokers: The End of an Era for One of GSE’s Most Influential Licensed Dealing Members

Stock Market / Leave a Comment

After 26 years, one of Ghana’s influential players in the securities industry takes a bow. Over the years, CAL Brokers has led, and in some cases co-sponsored securities issue for clients across the spectrum. In 2004 it joined with Databank to co-sponsor its parent company in an Initial Public Offering that saw a successful issue

CAL Brokers: The End of an Era for One of GSE’s Most Influential Licensed Dealing Members Read More »

Investors Still Bullish on Market Outlook Despite CAL Brokers Exiting the Securities Business

Stock Market / Leave a Comment

By July 1989, the work of the 10-man committee tasked by the PNDC government to establish the Ghana Stock Exchange had borne fruit. About 16 months thereafter, trading commenced. Three decades later, Ghana’s public securities market has mixed stories to report. As critics like to point out, having fewer than 100 listed equities is hardly

Investors Still Bullish on Market Outlook Despite CAL Brokers Exiting the Securities Business Read More »

Interestingly, 53.6% of Survey Respondents Think their Bank is Responsive to their Needs

Banking / Leave a Comment

Context It’s a known fact, even in regulatory circles, that high operating expenses are a major issue that adversely impacts loan asset pricing. Studies have shown, especially in Ghana, that high base rates are correlated with high operating costs and low non-interest revenue. Although the high operating expenses (expressed as cost/income ratio) are characteristically high

Interestingly, 53.6% of Survey Respondents Think their Bank is Responsive to their Needs Read More »

Why E-commerce, Logistics and Payments May be the New Growth Drivers for Banks

Private Sector / Leave a Comment

Currently, the world is dealing with the adverse impact of the Russia-Ukraine war on markets; travel, leisure, hospitality, food and other connected sectors. Markets such as downstream oil and gas may experience short-term turbulence but will rebound quickly due to demand inelasticity. Others, such as pharmaceuticals, sanitary products and medical consumables, may experience a short-term

Why E-commerce, Logistics and Payments May be the New Growth Drivers for Banks Read More »

The Rise of Music Streaming and Ride-hailing Raises Questions about Traditional Finance

Entrepreneurship / Leave a Comment

Despite the improving macroeconomic environment, the general posture towards enterprise credit continues to remain conservative, for better or for worse. More than that, the structure of credit remains unchanged for the most part. According to data from the Bank of Ghana, commerce and finance sectors continue to receive a significant proportion of private sector credit,

The Rise of Music Streaming and Ride-hailing Raises Questions about Traditional Finance Read More »

Open Letter to the Governor: Review the Business Rules and Sanctions for MFIs

Microfinance Banks / Leave a Comment

The enactment Non-bank Financial Institution Act, 2008, Act 774 into law, was an auspicious period in Ghana’s economic history, which was characterized by a medley of policy packages leaning towards an expansionary tilt. The Act, providing a clear framework for prudential supervision and market discipline, proved insufficient years later, as it served as a minimum

Open Letter to the Governor: Review the Business Rules and Sanctions for MFIs Read More »

Advocacy: Issue Payment Service Procurement Guidelines for MFIs

Microfinance Banks / Leave a Comment

The adoption of digital business models, along with digital payments, accelerated significantly during the COVID-19 outbreak in Q1 2020. As of January 2020, the number of active electronic money customers in Ghana was 14,130,350, with total transactions valued at GH¢30.2 billion (data source: Fintech and Innovation Unit, Bank of Ghana). By January 2023, the number

Advocacy: Issue Payment Service Procurement Guidelines for MFIs Read More »

SME Lending is Highly Correlated with High NPLs,. What Really is the Problem?

Macroprudential / Leave a Comment

SMEs: What Really Is the Problem? To properly define the problem, three research questions are unavoidable: (1) What are the basic, unique characteristics of an SME that differentiate it from a large organization in our business environment? (2) What are the respective weights of those differentiating elements in terms of their contribution to business risks?

SME Lending is Highly Correlated with High NPLs,. What Really is the Problem? Read More »

Consolidate Regulatory Reforms in the Securities Sector, Yieldera tells Government

Capital Market / 1 Comment

Following the revocation of licenses of 53 fund managers by the Securities and Exchange Commission in 2017, the sector has seen some changes that suggest efforts at confidence-building are beginning to yield results. The direction and speed of reforms are encouraging. Several initiatives have been introduced, for instance, the Corporate Governance Code, Conduct of Business

Consolidate Regulatory Reforms in the Securities Sector, Yieldera tells Government Read More »

Scroll to Top