A finance director in Accra still remembers a loss that should never have happened. Let's say the business earned in cedis but imported in dollars, the setup of most businesses in Ghana that borrow or trade in hard currency. Essentially, his team saw the risk, discussed it, and waited for a better rate. When the cedi moved, the margins that looked protected on paper simply disappeared. It was the worst kind of loss: not the one you fail to see, but the one you see coming and still invite to the meeting. That story is more common than most finance teams admit. Every business runs an exchange-rate assumption through its budget, and every dollar payment settles at the rate on the day. The gap between the two decides whether the cedi quietly supports the year or quietly erodes it and closing that gap is precisely what treasury exists to do. The job is not to predict the market, but to act while doing so is still cheap, before volatility makes certainty expensive. The executive blind s...
Stanbic Bank Ghana recognised as Ghana’s Best Investment Bank at Euromoney Awards for Excellence 2026
Stanbic Bank Ghana has been named Ghana’s Best Investment Bank at the prestigious Euromoney Awards for Excellence 2026, contributing to Standard Bank Group’s impressive tally of 17 awards across Africa. For more than 30 years, Euromoney’s Awards for Excellence have recognised financial institutions that set the global standard in performance, innovation and client impact. The recognition highlights Stanbic Bank Ghana’s continued leadership in delivering innovative corporate and investment banking solutions that support economic growth, facilitate investment and enable businesses to achieve their strategic ambitions. Standard Bank Group was recognised for its excellence across securities services, corporate and investment banking, and SME banking in Africa’s key markets, reaffirming its position as the continent’s leading financial services provider. The accolades awarded to the Group include Africa’s Best SME Banking Ecosystem, Africa’s Best for Securities Services and Africa’s Be...