Banks honoured at 14th Ghana Banking Awards

Nineteen commercial banks were honoured for their distinguished services in the 2014 financial year at the 14th Ghana Banking Awards held in Accra on August 29.

At the event, held at the plush Labadi Beach Hotel, Ecobank Ghana Limited was adjudged the overall best after it beat 27 other banks to win the coveted Bank of the Year award.

It brings to seven the number of times Ecobank has won the coveted award since its introduction 14 years ago by Corporate Initiative Ghana (CIG).

This year’s event was on the theme: 'Identifying and rewarding excellence in the banking services proposition.'

It was held in partnership with the Graphic Business, a weekly business and financial newspaper, published by the Graphic Communication Group Limited (GCGL).

Award winners
Bank of the Year: Ecobank Ghana Limited

1. Customer Care
Second runner-up (Zenith Bank)
First runner-up (First Capital Plus)
Winner (The Royal Bank)

2. Advisory Services
Second runner-up (Bank of Africa)
First runner-up (Cal Bank)
Winner (The Royal Bank)

3. Trade Finance
Second runner-up (BSIC)
First runner-up (Stanbic Bank)
Winner ( Zenith Bank)

4. Trade Deal of the Year
Second runner-up (Access Bank)
First runner-up (First Atlantic Bank)
Winner (Barclays)

5. Long-term/Mortgage Finance
Second runner-up (Zenith Bank Ghana)
First runner-up (UniBank Ghana)
Winner (The Royal Bank)

6. Household and Retail Finance
Second runner-up (First Atlantic Bank)
First runner-up (Prudential Bank)
Winner (The Royal Bank)

7. Enterprise Finance
Second runner-up (Prudential Bank)
First runner-up (CAL Bank)
Winner (Ecobank Ghana Limited

8. Agriculture, Forestry and Fishing
Second runner-up (Ecobank Ghana)
First runner-up (UniBank Ghana Limited)
Winner (ADB Bank)

9. Product Innovation
Second runner- up (Barclays Bank)
First runner-up (ADB Bank)
Winner (UniBank Ghana Limited)

10. Competitive Pricing
Second runner-up (Ecobank Ghana Limited)
First runner-up (GT Bank)
Winner (Bank of Baroda)

11. Corporate Social Responsibility (CSR)
Second runner- up (Ecobank Ghana)
First runner-up (UniBank Ghana Limited)
Winner (Fidelity Bank Ghana)

12. Financial Performance
Second runner-up (United Bank for Africa (UBA)
First runner-up (GCB Bank)
Winner (Ecobank Ghana Limited

13. Bank Growth
Second runner-up (First Atlantic Bank)
First runner-up (GT Bank)
Winner (The Royal Bank)

14. Most Active E-zwich Bank*
Second runner-up (Ecobank Ghana Limited)
First runner- up (GCB Bank Limited)
Winner (UT Bank Limited)

15. Promotion of Cashless Banking
Second runner-up (GCB Bank Limited)
First runner-up (Ecobank Ghana Limited)
Winner (Zenith Bank)

Special award sponsored by the Ghana Interbank Payment and Settlement System (GhIPSS)

The Best Bank for the Promotion of Cashless Banking was introduced this year as part of efforts by the GhIPSS to promote a cashless economy, where most transactions will be done through electronic payment systems.