{"id":344996,"date":"2017-08-15T11:40:20","date_gmt":"2017-08-15T11:40:20","guid":{"rendered":"http:\/\/citifmonline.com\/?p=344996"},"modified":"2017-08-15T11:40:20","modified_gmt":"2017-08-15T11:40:20","slug":"banking-awards-capital-banks-awards-not-a-fluke-organizers","status":"publish","type":"post","link":"https:\/\/citifmonline.com\/2017\/08\/banking-awards-capital-banks-awards-not-a-fluke-organizers\/","title":{"rendered":"Banking Awards: Capital Bank’s awards not a fluke – Organizers"},"content":{"rendered":"

Corporate Initiative Ghana, the organizers of the Ghana Banking Awards, has defended the performance of Capital Bank in the 2016 edition, despite their sudden collapse barely a year after the swept a number of awards.<\/p>\n

Capital Bank was adjudged the Best Growing Bank, Best Bank in Deposits & Savings, and Best Bank in Household\/Retail Banking for the year 2015, and the fallout from the bank’s collapse<\/a><\/strong><\/span>\u00a0has seen the credibility of the awards scheme questioned.<\/p>\n

[contextly_sidebar id=”3ZN2riOrFIN8UVDHoR6uDOi2XnccWrZy”]But Charles Benoni Okine, the Head of Media and Programmes for Corporate Initiative Ghana explained that Capital Bank\u2019s awards were based on a qualitative assessment.<\/p>\n

“It wasn\u2019t the quantitative side but the qualitative side. You go onto the field and the responses that are gotten is what is validated and then the award is given,\u201d he said to Citi News<\/strong>.<\/p>\n

“Ernst & Young and RIMS Consult are the technical guys. We are not competent in doing deep research. That is why we give it to these two credible institutions to handle,\u201d Mr.\u00a0Okine said to underscore the credibility of the process.<\/p>\n

Mr. Okine assured further that there was also no avenue for money to change hands in what is a transparent process.<\/p>\n

He said processes are so transparent that,\u00a0“before they hit the field, the technical committee has to agree on each question that is going to be asked. They hold a number of technical committee meetings before they go to the field.\u201d<\/p>\n

\u201cThose who may be complaining are not privy to the information but I am saying\u2026 these processes they are taken through is almost 100 percent foolproof. There is no \u2018kululu\u2019 anywhere because the banks are not even made to pay anything to be part of the awards.\u201d<\/p>\n

Ghana Banking Awards methodology<\/strong><\/p>\n

The Approach and Methodology for the various categories of the Ghana Banking Awards are based on qualitative and quantitative analyses.<\/p>\n

From a qualitative standpoint, the methodology engages face to face interviews with the banks\u2019 customers to evaluate the experiences they have had and all banks qualify to be assessed qualitatively. As an example, the Customer Care Award category is based on qualitative analysis.<\/p>\n

For the quantitative evaluation, a bank must have at least two years audited financial statements, which is used to award a category like the Financial Performance Award.<\/p>\n

The Approach and Methodology document for the awards has been scrutinized and agreed upon by the Technical Committee, which consists of representatives of all competing banks; 33 banks in the case of 2017.<\/p>\n

–<\/p>\n

By: Franklin\u00a0Badu Jnr\/Delali Adogla-Bessa\/citifmonline.com\/Ghana<\/p>\n","protected":false},"excerpt":{"rendered":"

Corporate Initiative Ghana, the organizers of the Ghana Banking Awards, has defended the performance of Capital Bank in the 2016 edition, despite their sudden collapse barely a year after the swept a number of awards. Capital Bank was adjudged the Best Growing Bank, Best Bank in Deposits & Savings, and Best Bank in Household\/Retail Banking […]<\/p>\n","protected":false},"author":14,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[32,10,11],"tags":[10175,10202,3],"yoast_head":"\nBanking Awards: Capital Bank's awards not a fluke - Organizers - Citi 97.3 FM - Relevant Radio. Always<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/citifmonline.com\/2017\/08\/banking-awards-capital-banks-awards-not-a-fluke-organizers\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Banking Awards: Capital Bank's awards not a fluke - Organizers - Citi 97.3 FM - Relevant Radio. Always\" \/>\n<meta property=\"og:description\" content=\"Corporate Initiative Ghana, the organizers of the Ghana Banking Awards, has defended the performance of Capital Bank in the 2016 edition, despite their sudden collapse barely a year after the swept a number of awards. Capital Bank was adjudged the Best Growing Bank, Best Bank in Deposits & Savings, and Best Bank in Household\/Retail Banking […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/citifmonline.com\/2017\/08\/banking-awards-capital-banks-awards-not-a-fluke-organizers\/\" \/>\n<meta property=\"og:site_name\" content=\"Citi 97.3 FM - Relevant Radio. Always\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/citi97.3\" \/>\n<meta property=\"article:published_time\" content=\"2017-08-15T11:40:20+00:00\" \/>\n<meta name=\"author\" content=\"Kojo Akoto Boateng\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@citi973\" \/>\n<meta name=\"twitter:site\" content=\"@citi973\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Kojo Akoto Boateng\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/citifmonline.com\/2017\/08\/banking-awards-capital-banks-awards-not-a-fluke-organizers\/\",\"url\":\"https:\/\/citifmonline.com\/2017\/08\/banking-awards-capital-banks-awards-not-a-fluke-organizers\/\",\"name\":\"Banking Awards: Capital Bank's awards not a fluke - Organizers - Citi 97.3 FM - Relevant Radio. Always\",\"isPartOf\":{\"@id\":\"https:\/\/citifmonline.com\/#website\"},\"datePublished\":\"2017-08-15T11:40:20+00:00\",\"dateModified\":\"2017-08-15T11:40:20+00:00\",\"author\":{\"@id\":\"https:\/\/citifmonline.com\/#\/schema\/person\/1642ef473fe39bf0c4e2f2f252678eb1\"},\"breadcrumb\":{\"@id\":\"https:\/\/citifmonline.com\/2017\/08\/banking-awards-capital-banks-awards-not-a-fluke-organizers\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/citifmonline.com\/2017\/08\/banking-awards-capital-banks-awards-not-a-fluke-organizers\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/citifmonline.com\/2017\/08\/banking-awards-capital-banks-awards-not-a-fluke-organizers\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/citifmonline.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Banking Awards: Capital Bank’s awards not a fluke – Organizers\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/citifmonline.com\/#website\",\"url\":\"https:\/\/citifmonline.com\/\",\"name\":\"Citi 97.3 FM - Relevant Radio. Always\",\"description\":\"Ghana News | Ghana Politics | Ghana Soccer | Ghana Showbiz\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/citifmonline.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/citifmonline.com\/#\/schema\/person\/1642ef473fe39bf0c4e2f2f252678eb1\",\"name\":\"Kojo Akoto Boateng\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/citifmonline.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/ba51f5385119e83762c67ecd6aa410ab?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/ba51f5385119e83762c67ecd6aa410ab?s=96&d=mm&r=g\",\"caption\":\"Kojo Akoto Boateng\"},\"url\":\"https:\/\/citifmonline.com\/author\/kojo\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Banking Awards: Capital Bank's awards not a fluke - Organizers - Citi 97.3 FM - Relevant Radio. Always","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/citifmonline.com\/2017\/08\/banking-awards-capital-banks-awards-not-a-fluke-organizers\/","og_locale":"en_US","og_type":"article","og_title":"Banking Awards: Capital Bank's awards not a fluke - Organizers - Citi 97.3 FM - Relevant Radio. Always","og_description":"Corporate Initiative Ghana, the organizers of the Ghana Banking Awards, has defended the performance of Capital Bank in the 2016 edition, despite their sudden collapse barely a year after the swept a number of awards. Capital Bank was adjudged the Best Growing Bank, Best Bank in Deposits & Savings, and Best Bank in Household\/Retail Banking […]","og_url":"https:\/\/citifmonline.com\/2017\/08\/banking-awards-capital-banks-awards-not-a-fluke-organizers\/","og_site_name":"Citi 97.3 FM - Relevant Radio. Always","article_publisher":"https:\/\/www.facebook.com\/citi97.3","article_published_time":"2017-08-15T11:40:20+00:00","author":"Kojo Akoto Boateng","twitter_card":"summary_large_image","twitter_creator":"@citi973","twitter_site":"@citi973","twitter_misc":{"Written by":"Kojo Akoto Boateng","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/citifmonline.com\/2017\/08\/banking-awards-capital-banks-awards-not-a-fluke-organizers\/","url":"https:\/\/citifmonline.com\/2017\/08\/banking-awards-capital-banks-awards-not-a-fluke-organizers\/","name":"Banking Awards: Capital Bank's awards not a fluke - Organizers - Citi 97.3 FM - Relevant Radio. Always","isPartOf":{"@id":"https:\/\/citifmonline.com\/#website"},"datePublished":"2017-08-15T11:40:20+00:00","dateModified":"2017-08-15T11:40:20+00:00","author":{"@id":"https:\/\/citifmonline.com\/#\/schema\/person\/1642ef473fe39bf0c4e2f2f252678eb1"},"breadcrumb":{"@id":"https:\/\/citifmonline.com\/2017\/08\/banking-awards-capital-banks-awards-not-a-fluke-organizers\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/citifmonline.com\/2017\/08\/banking-awards-capital-banks-awards-not-a-fluke-organizers\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/citifmonline.com\/2017\/08\/banking-awards-capital-banks-awards-not-a-fluke-organizers\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/citifmonline.com\/"},{"@type":"ListItem","position":2,"name":"Banking Awards: Capital Bank’s awards not a fluke – Organizers"}]},{"@type":"WebSite","@id":"https:\/\/citifmonline.com\/#website","url":"https:\/\/citifmonline.com\/","name":"Citi 97.3 FM - Relevant Radio. Always","description":"Ghana News | Ghana Politics | Ghana Soccer | Ghana Showbiz","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/citifmonline.com\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/citifmonline.com\/#\/schema\/person\/1642ef473fe39bf0c4e2f2f252678eb1","name":"Kojo Akoto Boateng","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/citifmonline.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/ba51f5385119e83762c67ecd6aa410ab?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/ba51f5385119e83762c67ecd6aa410ab?s=96&d=mm&r=g","caption":"Kojo Akoto Boateng"},"url":"https:\/\/citifmonline.com\/author\/kojo\/"}]}},"_links":{"self":[{"href":"https:\/\/citifmonline.com\/wp-json\/wp\/v2\/posts\/344996"}],"collection":[{"href":"https:\/\/citifmonline.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/citifmonline.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/citifmonline.com\/wp-json\/wp\/v2\/users\/14"}],"replies":[{"embeddable":true,"href":"https:\/\/citifmonline.com\/wp-json\/wp\/v2\/comments?post=344996"}],"version-history":[{"count":0,"href":"https:\/\/citifmonline.com\/wp-json\/wp\/v2\/posts\/344996\/revisions"}],"wp:attachment":[{"href":"https:\/\/citifmonline.com\/wp-json\/wp\/v2\/media?parent=344996"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/citifmonline.com\/wp-json\/wp\/v2\/categories?post=344996"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/citifmonline.com\/wp-json\/wp\/v2\/tags?post=344996"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}