Business World Magazine Issue 31

Page 1








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NEWS

PFORTNER IT SECURITY SOLUTION TARGETS BLUE-CHIP BUSINESSES Net Solutions Ghana, in partnership with equipment manufacturer, Pfortner, and Tricontinental UK has launched a world class security product, in Accra, that seeks to curb security breaches of blue-chip businesses.

I

ncreasingly, top-notch organisations are becoming targets of security breaches leading to significant financial losses of affected companies. “The economy of Ghana, which is growing rapidly in recent times, will soon, if not already, become a target of the actors behind security breaches,” Net Solutions’ CEO, Dr Rashard said adding that the product, Pfortner IT security solution, is a unique solution that will significantly bolster the defences of financial institutions. Mr Aubrey Swanepoel of Pfortner, at the launch explained that the product, which encrypts data, was targeted at businesses that have offices in bucolic or remote areas. “The product provides secure redundant connectivity to banks, government departments, and anybody with local and remote offices in rural areas. It provides encryption across those bleeps to ensure that no one can intercept their data. “Because 22 Business World Issue 31

it provides redundancy in communication, if one mobile operator goes down, another operator’s network can be used thereby making it constantly available with the benefit of better service delivery,” he said. Mr Amponsah of the Controller Accountant Generals Department commended the product describing it as expedient as the department was currently dealing with projects, which contained a lot of vital information, online. “We have this Ghana Integrated Financial Management Information Systems that brings together budget planning, budget development, financial reporting and all other resources including the management of our payroll integrated into one system. “As we go into this direction, the issue of security becomes very challenging. We have developed a system that enables all the people on the Government of Ghana payroll to be able to assess their payslips,” Amponsah said. He noted that whatever the Controller and Accountant General Department does has a great impact, since it is linked to all government institutions, including, the Ghana Revenue Authority (GRA), the Bank of Ghana, and the Ministry of Finance.



























BANK

TOTAL ASSETS (GHC)

2013 PROFIT

1

Ghana Commercial Bank Limited

3,391,100,000

223,508,000

2

Standard Chartered Bank Ghana Limited

2,968,358,000

208,019,000

3

Ecobank Ghana Limited

4,624,405

185,862,000

4

Barclays Bank of Ghana Ltd.

2,326,109,000

143,071,000

5

Stanbic Bank Ghana Ltd

2,930,852

107,191,000

6

CAL Bank Limited

1,558,963,000

92,010,000

7

United Bank for Africa (Ghana) Ltd

1,550,529,617

90,001,001

8

Agricultural Development Bank Limited

1,621,761,000

80,629,000

9

Zenith Bank (Ghana) Limited

1,920,626,146

73,610,816

10

Guaranty Trust Bank (Ghana) Limited

937,810,000

52,673,000

11

HFC Bank Ltd

973,066,054

47,530,368

12

Access Bank (Ghana) Limited

991,334,000

45,578,000

13

Fidelity Bank Ghana Limited

1,689,670,000

43,877,000

14

National Investment Bank Ltd

1,018,770,000

43,372,000

15

Societe Generale Ghana

1,216,553,205

36,364,192

16

Prudential Bank Ltd

830,607,000

14,112,000

17

UT Bank Limited

1,336,336,000

9,757,000

18

The Royal Bank Ltd

278,099,529

** 9,301,042

19

ARB Apex Bank

271,944,849

8,669,851

20

International Commercial Bank Limited

302,808,808

7,513,976

21

Energy Bank (Ghana) Ltd

245,231,485

5,537,486

22

First Atlantic Bank Ltd

431,735,946

5,521,177

23

Bank of Africa (Gh) Ltd

24

Bank of Baroda (Ghana) Limited

25

"Banque Sahélo-Saharienne pour

26

I’Investissement et le Commerce (BSIC ) Ghana

27

Citibank N.A. Ghana Rep. Office

28

First Capital Plus Bank Limited

29

Ghana International Bank plc

30

Merchant Bank (Ghana) Limited

31

uniBank Ghana Ltd


BANK

TOTAL ASSETS

2013 PROFIT

2012 PFOFIT

%CHANGE IN

302,808,808

7,513,976

147,812

4983.47%

1,018,770,000

43,372,000

11,637,000

272.71%

1

International Commercial Bank Limited

2

National Investment Bank Ltd

3

HFC Bank Ltd

973,066,054

47,530,368

15,715,571

202.44%

4

Agricultural Development Bank Limited

1,621,761,000

80,629,000

26,696,000

202.03%

5

Zenith Bank (Ghana) Limited

1,920,626,146

73,610,816

30,390,628

142.22%

6

United Bank for Africa (Ghana) Ltd

1,550,529,617

90,001,001

47,531,455

89.35%

7

Stanbic Bank Ghana Ltd

2,930,852

107,191,000

56,745,000

88.90%

8

CAL Bank Limited

1,558,963,000

92,010,000

49,517,000

85.81%

9

Ghana Commercial Bank Limited

3,391,100,000

223,508,000

138,645,000

61.21%

43,877,000

27,675,000

58.54%

830,607,000

14,112,000

9,615,000

46.77%

431,735,946

5,521,177

3,984,149

38.58%

2,326,109,000

143,071,000

105,119,000

36.10%

10

Fidelity Bank Ghana Limited

11

Prudential Bank Ltd

12

First Atlantic Bank Ltd

13

Barclays Bank of Ghana Ltd.

14

Guaranty Trust Bank (Ghana) Limited

937,810,000

52,673,000

38,968,000

35.17%

15

Access Bank (Ghana) Limited

991,334,000

45,578,000

34,631,000

31.61%

16

Ecobank Ghana Limited

4,624,405

185,862,000

143,169,000

29.82%

17

ARB Apex Bank

271,944,849

8,669,851

7,190,902

20.57%

18

Societe Generale Ghana

1,216,553,205

36,364,192

30,266,314

20.15%

19

Standard Chartered Bank Ghana Limited

208,019,000

196,288,000

5.98%

20

Energy Bank (Ghana) Ltd

245,231,485

5,537,486

6,021,496

-8.04%

21

UT Bank Limited

1,336,336,000

9,757,000

20,931,000

-53.38%

22

The Royal Bank Ltd

278,099,529

9,301,042

**

23

Bank of Africa (Gh) Ltd

24

Bank of Baroda (Ghana) Limited

25

"Banque Sahélo-Saharienne pour

26

I’Investissement et le Commerce (BSIC )

27

Citibank N.A. Ghana Rep. Office

28

First Capital Plus Bank Limited

29

Ghana International Bank plc

30

Merchant Bank (Ghana) Limited

31

uniBank Ghana Ltd







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