Absa Bank Ghana Rolls Out MoneyGram Services

Absa Bank Ghana has announced a partnership with MoneyGram, a major reliable and trusted brand in the remittance industry, to provide remittance services to Ghanaians.

Through the partnership, both customers and non-customers of Absa Bank can receive their inbound remittances from any of the bank's branch networks.

Absa Bank's partnership with MoneyGram is seen as a strategic one as the bank looks to become a key player in the remittance sector which has witnessed a rise in money transferred from abroad on yearly basis. Ghana is the second largest recipient of remittances in Sub-Saharan Africa. Remittances to Ghana was $3.6 billion in 2020, according to the World Bank's 2021 Migration and Development Report.

Many Ghanaian families depend on remittances from relations living abroad to take care of their needs; from their upkeep, payment of health bills, school fees, construction or purchase of buildings, funeral bills, investments and others.

"Remittance plays a significant role in the financial ecosystem, contributing immensely to the livelihood of many households and boosting economic activities within the country. With the addition of MoneyGram to our services, we are giving our customers and Ghanaians a convenient and reliable channel to receive money from their loved ones and also strengthening an important conduit for economic engagements,” said Mr. Charles Addo, Retail Banking Director at Absa Bank.

“This is another demonstration of our commitment to provide our customers with financial solutions that will help them get things done and ultimately bring their possibilities to life.”

According to Absa Bank, it will in the near future, enhance its remittance service to include more partners as well as real time remittance services to customer account and mobile wallet to "make our service the most preferred remittance collection point and be a one-stop financial shop for all our customers".

Absa Bank Ghana Limited is one of Ghana's leading financial institutions offering an integrated set of products and services across Corporate and Investment Banking, Retail Banking, and Business Banking with solutions for SMEs and start-ups. Absa Bank Ghana is part of Absa Group Limited, one of Africa's largest diversified financial services groups.

Comments

Photos: Ahuofe Patricia’s She Power Africa Foundation Empowers Girls Of Gomoa Dampase Against Sexual Abuse

On July 25, 2018, Ghanaian actress, Founder and Executive Director of She Power Africa, Priscilla Opoku Agyeman popularly known in showbiz as Ahuofe Patricia together with her team embarked on her mission to empower young female students of the Gomoa Dampase D/A Model Basic School against sexual abuse in the central region of Ghana. She Power is a non-governmental organisation creating awareness and empowering young girls against sexual abuse in Africa with the vision to promote gender equality and end sexual violence against women and children in collaboration with Lokhanda. She Power in accordance with the aspirations of the Ministry of Education is an effective girl-child protection programme with an educational curriculum designed to create and ensure a culture of safety and security for all educational institutions teaching practical, fun and appropriate simple effective means of awareness, prevention, escape and survival skills and also to provide long-term support for female

No 'Shower Hour' On Big Brother Naija - Says MultiChoice

As preparations are in top gear for the second edition of social reality TV show, Big Brother Nigeria, organisers have revealed that there will be no broadcast of nude footage called ‘Shower Hour’, when the show returns on January 22, 2017. This comes to some fans as ‘decent’, following the controversies generated by that segment of the show, during the now rested continental edition, Big Brother Africa (BBA). MultiChoice is bringing back the Nigerian version of the series after 10 years. It had announced after the last edition of BBA that each African country will stage the show henceforth. Renamed Big Brother Naija, the show will have 12 housemates who will compete for the prize of N25 million and a brand new KIA Sorento car. Sponsored by PayPorte, the program will run for 78 days, starting 22 January 2017 with a two-hour, live, televised launch and end on 9 April 2017 with a two-hour, live, televised finale.

The Weird BBNaija All-Stars Parrot Come Alive Tonight!

When the Big Brother Naija All-Stars house first opened on July 23, the curious eyes of fans picked up on the parrot. It wasn’t just that it seemed out of place; it was also a little weird and didn’t match the decor. So the guessing game began with everyone wondering if it was just a decorative piece or if it held some significance that we had to pay attention to. Those who guessed that it had some relevance we must pay attention to were correct. A little secret you should know first - the parrot is an all-hearing one, and it will spill all the secrets it's heard at 9 pm today. It’s about to be pure mayhem, and we are here for it! For the past two weeks, the parrot has carefully listened to all the drama and gossip in the house, and it is time for the parrot to do what parrots know how to do best, gossip. Big Brother will bring the parrot to life for the first time today, Friday, August 4, at 9 pm, and you best believe the drama is about to go up a notch higher.

BlaqsheepMMG

Search This Blog