The Head of Client Experience at Stanbic Investment Management Services (SIMS), Miriam Maku Amissah, has highlighted the importance of financial transparency in relationships.

She made the remarks during an X Spaces discussion hosted by Stanbic Bank Ghana as part of this year’s Valentine’s Day celebrations.

Speaking on financial transparency, Miriam Maku said, “Financial transparency involves openly discussing money-related matters, savings, and other financial concerns.

“This includes income, expenses, savings, investments, and pertinent financial details. Fostering such transparency is crucial for nurturing trust, resolving conflicts, and making well-informed financial decisions together, as there is a direct correlation between financial transparency and relationship stability.”

She further explained, “Individuals often exhibit certain financial behaviours influenced by their upbringing and background.

“For instance, a man raised in a household where his father was the sole provider may perceive himself to be the primary breadwinner in his relationship.

“Consequently, he may not prioritise financial transparency, believing that as long as he provides financially, no further disclosure is necessary.

“However, withholding financial information from one’s spouse can lead to a breakdown of trust. Couples must deliberately engage in conversations about their financial habits and be cognizant of how adaptable they are to each other’s traits to preempt future conflicts.”

Another resource person on the programme, Amos Kevin Annan, CEO of the Hearts and Habits Foundation, also shed some light on the concept of financial infidelity and its detrimental effects on relationships.


“Research indicates that financial infidelity is a prevalent issue among many couples. This behaviour undermines trust and jeopardizes the overall health and stability of the relationship.

“It constitutes a breach of trust and should be entirely avoided to safeguard the integrity of the relationship.”

The X Spaces conversation hosted by Desmond Bredu was on the topic of ‘Financial Transparency in Relationships: Is Full Disclosure Necessary for Trust?’ is one of the Bank’s planned activities to celebrate the month of love, dubbed “Power Up Your Love.”

Stanbic also partnered with GhIPSS to reward Gh-Link users on Valentine’s Day at specific shopping outlets, and ignited the bank’s floors with passion and energy, led by the sensational Dance God Lloyd.

It was a hearty fusion of beats, smiles and connections as staff and clients came together to amplify the spirit of Valentine.

Source: Joy Business