GSE Trading Results - Sep 20, 2017
Stock: AADS - 0.48 0 Vol. Traded: 0
Stock: ACCESS - 4 0 Vol. Traded: 0
Stock: ACI - 0.01 0 Vol. Traded: 0
Stock: ADB - 3.83 0 Vol. Traded: 0
Stock: AGA - 37 0 Vol. Traded: 0
Stock: ALW - 0.16 0 Vol. Traded: 0
Stock: AYRTN - 0.1 0 Vol. Traded: 0
Stock: BOPP - 5.65 0 Vol. Traded: 0
Stock: CAL - 1 0 Vol. Traded: 19400
Stock: CLYD - 0.03 0 Vol. Traded: 0
Stock: CMLT - 0.11 0 Vol. Traded: 0
Stock: CPC - 0.02 0 Vol. Traded: 0
Stock: EGH - 7 0 Vol. Traded: 5600
Stock: EGL - 4.99 -0.01 Vol. Traded: 15000
Stock: ETI - 0.15 0.01 Vol. Traded: 216900
Stock: FML - 20 0 Vol. Traded: 0
Stock: GCB - 4.3 -0.1 Vol. Traded: 5200
Stock: GGBL - 1.5 0.02 Vol. Traded: 100
Stock: GLD - 38.8 0 Vol. Traded: 0
Stock: GOIL - 2.32 0 Vol. Traded: 1200
Stock: GSR - 1.91 0 Vol. Traded: 0
Stock: GWEB - 0.01 0 Vol. Traded: 0
Stock: HFC - 1.37 0 Vol. Traded: 0
Stock: HORDS - 0.1 0 Vol. Traded: 0
Stock: IIL - 0.09 0 Vol. Traded: 0
Stock: MAC - 6 0 Vol. Traded: 0
Stock: MLC - 0.09 0 Vol. Traded: 0
Stock: MMH - 0.11 0 Vol. Traded: 0
Stock: PBC - 0.04 0 Vol. Traded: 500
Stock: PKL - 0.05 0 Vol. Traded: 0
Stock: PZC - 0.2 0 Vol. Traded: 0
Stock: SAMBA - 0.65 0 Vol. Traded: 0
Stock: SCB - 19.97 -0.01 Vol. Traded: 930
Stock: SCB PREF - 1.2 0 Vol. Traded: 0
Stock: SIC - 0.12 0 Vol. Traded: 2100
Stock: SOGEGH - 0.77 0 Vol. Traded: 57400
Stock: SPL - 0.03 0 Vol. Traded: 0
Stock: SWL - 0.04 0 Vol. Traded: 0
Stock: TBL - 0.35 0 Vol. Traded: 12000
Stock: TLW - 17.8 0 Vol. Traded: 0
Stock: TOTAL - 2.28 0 Vol. Traded: 4200
Stock: TRANSOL - 0.03 0 Vol. Traded: 0
Stock: UNIL - 10.55 0 Vol. Traded: 1000
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Sep 24
Frequently Asked Questions (FAQs) Nyansapo Print E-mail
Tuesday, 04 July 2017 11:42

What is the Databank Nyansapo Account?

The Databank Nyansapo Account is an investment account tailor-made to satisfy the investment needs of informal sector workers. The Account is aimed at helping informal sector workers invest towards their future and earn better returns on their investments.

Why should I open a Databank Nyansapo Account?

By opening a Databank Nyansapo Account, you will have the opportunity to:

  • Use your investments as collateral for loans. You can access a loan package using your investment as collateral. The amount you can access will depend on the amount in your account.
  • Take part in free health screening. From time to time, Databank will organize free health screening for Databank Nyansapo account holders.
  • Meet your short-term financial goals. By investing in Databank Nyansapo Account, you will be able to set aside funds to take care of your short-term financial needs.
  • Receive business expansion support. Each year, five account holders will receive cash support towards the expansion of their businesses. Account holders will be notified and interested ones will be required to submit business proposals for vetting. TERMS AND CONDITIONS APPLY.
  • Receive rewards and souvenirs from Databank. Twice a year, five clients who have not made withdrawals on their accounts for the previous 12 months will be randomly selected to receive gift vouchers worth GHC 250 each. Account holders will also have the opportunity to win different branded Databank souvenirs throughout the year.

How is the money going to be invested?

  • All funds deposited in the Databank Nyansapo Account will automatically be invested in Databank Money Market Fund (MFund), unless you indicate otherwise. To learn more about MFund, please read the Fund’s Scheme Particulars, which is available at www.databankgroup.com

Can I access the funds in my investment anytime I need money?

  • Yes. While you can access your funds at any time, it is recommended that each deposit remains invested for at least 12 months before withdrawing. This is because the longer you leave your investment, the more likely it is to grow.

Can I sign up for the Databank Nyansapo Account even if I have an existing MFund account?

  • Yes. Once you are an informal sector worker, you can sign up for a Databank Nyansapo Account even if you have another Databank mutual fund account, so that you can enjoy even more benefits.

What returns will I make on my investments?

  • Your returns will be same as the returns of Databank MFund. Thus, your returns are realized from changes in MFund’s price (relative to the price at which you purchased it). For example, if you bought a share at GHC 0.50 and the current price is GHC 0.80, then the return on that share is GHC 0.80 - GHC 0.50 = GHC 0.30 (which translates to a return of 60%). All interest earned by the Fund’s investment is automatically reinvested.

Is there any fee to sign up for Databank Nyansapo Account?

  • There is no membership fee to sign up for the account. However, the standard front load fee of 1% will apply. To learn more about MFund, please read the Fund’s Scheme Particulars at www.databankgroup.com

How can I make deposits into my account?

You can top up your account using the following means:

  • Top up using mobile money. Dial *713*100# and follow the steps to register and top up. Please select MFund as the Fund type.
  • Go to any of our partner banks (Access Bank, Barclays Bank, GCB Bank, GTBank, Standard Chartered Bank, UBA, and Zenith). Please select MFund on the deposit slip.
  • Visit any Databank branch or partner location.
  • Top up via Databank online services. Visit www.databankgroup.com to register.