• Financial Services

    OBG’s banking, insurance and investment coverage looks at revenue and profit trends, market share changes, foreign entry and regulatory developments while our capital markets sector analyses provide information on the stock and bond markets, IPO activity and regulatory changes.
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There are not many attractive options for Ghanaian insurers when it comes to investing – capital markets in the country are small, inactive and provide few choices. However, they are expected to see an improved list of securities and other potential investments in the coming years. As of March 2012 there were 34 companies trading on the Ghana Stock...

Articles & Analysis | CAL Bank: Banking from The Report: Ghana 2012

THE COMPANY: CAL Bank, formerly CAL Merchant Bank, was incorporated in March 1989 as a private limited liability company. CAL Bank started operations as a local merchant bank in 1990 with the aim of providing international-standard services.

With a sizable group of actors Ghana has an impressively developed financial infrastructure. However, capacity tends to be fragmented as a result, and broader integration of the population into formal financial markets is slow. This is largely due to the opaque nature of credit and high interest rates.

The successful launch of the world’s largest-ever, dollar-denominated Islamic bond is a notable milestone in the rise of Qatar’s sharia-compliant finance industry. An ambitious infrastructure investment programme and growing per capita wealth are supporting the growth of Islamic financial services, as the authorities look to continue regulatory reform.
En s’efforçant d’accroître l’activité à la Bourse de Casablanca (CSE), le Maroc cherche à améliorer la liquidité du marché national et à établir Casablanca en tant que centre financier pour l’Afrique du nord et de l’ouest. Bien que la croissance ait ralenti à cause de l’instabilité en Europe et ailleurs, la performance de la CSE est meilleure que celle des autres Bourses de la région, et de nouvelles entreprises envisagent une introduction en bourse (IPO).

Chapter | Insurance from The Report: Ghana 2012

While the insurance penetration rate in Ghana stands at just 2-3%, authorities are currently in the process of putting into place the institutions necessary to increase awareness of insurance policies and capitalise the market. The sector is made up of 41 insurers, 23 non-life and 18 life. The non-life segment is driven primarily by motor insurance, which is the main source of profit for the...

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