GHANA FINANCIAL INTERMEDIARY AWARDS

Recognizing Outstanding Financial Intermediation Institutions 

About

The awards scheme is meant to identify and publicly recognize the financial intermediation institutions that stand out from their peers across a wide range of aspects of their core activities – the taking of deposits and the giving of loans.

This awards scheme is novel for the fact that it is the first time that industry leaders across the various genres of financial intermediation – commercial/universal banks, savings and loans companies, rural and community banks, micro-finance institutions and specialized finance houses – will be assessed as one holistic industry.

 

Who We Are & What We Do

The Ghana Financial Intermediation Awards is being organized by The Business Executive magazine, a periodical business, finance and socio-economic development focused journal, published from Accra Ghana and circulated all around West Africa through a unique collaboration with the Federation of West African Chambers of Commerce and Industry (FEWACCI) as well as circulation in the United Kingdom, North America and South Africa.

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Awards information

The Ghana Financial Intermediation Awards are being organized in recognition of the structure of the industry which allows several different genres of institutions to effectively compete with each other for customers, offering the same core generic products/services, with differentiation restricted basically to differing regulatory frameworks and product/service pricing structures.
Up till now, public recognition of excellence in the financial intermediation industry has been done on a genre by genre basis. Thus banks have been assessed against banks, RCBs against RCBs, MFIs against MFIs and so on.

 

However the banking public can choose freely between institutions in all of the genres in deciding where to place their deposits and where to seek debt financing from. Thus there is the hitherto un-satiated need to  publicly identify the most outstanding institutions across all the various genres, with respect to the various aspects of financial intermediation and this is precisely what the Ghana Financial Intermediation Awards sets out to do.

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