In a move to promote environmental sustainability and responsible waste management, Stanbic Investment Management Services (SIMS) has partnered with the Prempeh College 1982 Year Group to support the installation of 60 waste bins across the school’s campus. The initiative is aimed at fostering a cleaner learning environment while encouraging students to develop responsible waste disposal […]
Tag: CIPS
CIPS to Cut Costs, Speed Up Ghana-China Trade Payments – Kwamina Asomaning
Businesses trading between Ghana and China stand to benefit from faster, more convenient and potentially cheaper payments following the introduction of the Cross-Border Interbank Payment System (CIPS) in Ghana, the Chief Executive of Stanbic Bank Ghana, Mr. Kwamina Asomaning, has said. “With CIPS, businesses can access a more direct payment route to Chinese counterparties, reducing […]
Beyond Borders: How CIPS and PAPSS Can Power Ghana’s Next Chapter of Trade
Every exporter or importer who has waited for days for a payment to clear or watched a shipment’s margin erode to a currency conversion, understands the truth that policy documents rarely capture: trade doesn’t fail at the border. It fails in the payment. Goods can move freely across a continent, but if the money behind […]
Stanbic Bank becomes first bank in Ghana to offer direct Chinese Yuan settlement via CIPS
Stanbic Bank Ghana, a member of Standard Bank Group, has become the first bank in Ghana to offer clients direct access to the China Cross-Border Interbank Payment System (CIPS), following approval from the Bank of Ghana. This milestone positions the Bank at the forefront of Standard Bank Group’s continental rollout after the Group became the […]
‘Prudent procurement could win us more FDIs’
Going about procurement in a more cost-effective, risk-free and sustainable manner could be the country’s window to more foreign direct investments, Sam Achampong, Regional Director in charge of Middle East and North Africa for the Chartered Institute of Procurement and Supply (CIPS), has said. “If people see that any funds that are passed through a […]





