Societe Generale is ready for consolidation – Outgoing SG MD

Societe Generale Ghana says it is set to meet the new minimum capital requirement by September 2018 and also looking out for opportunities to acquire another bank.

UMB holds market forum on UMB SpeedApp in Accra Central

UMB held a market forum to engage with their customers and non-customers in the central business district as part of activities to create awareness and increase usage for their mobile banking product, UMB SpeedApp.

Too late for banks to use IPOs for ¢400 million minimum capital – GSE

The GSE says the various processes required to make an IPO successful require time in excess of six months.

Latest Stories From Banking
Economist downplays negative effect of bank mergers on financial inclusion

Economist, Dr Lord Mensah has downplayed concerns that Ghana’s drive towards financial inclusion may be affected if banks merge with or acquire each other in a bid to meet the GH¢400 million minimum capital requirement by December 2018.

Posted: 4 days ago   Views: 3048
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Private investors express interest to takeover uniBank - KPMG

Managers of uniBank, KPMG confirmed it has received proposals from some private investors expressing interest to take over the operations of the bank.

Posted: 5 days ago   Views: 6060
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First National Bank Ghana launches first-ever cash rewards for card swipes

First National Bank Ghana Ltd has launched the first-ever cash rewards programme in Ghana that rewards customers for everyday non-cash transactions.

Posted: 5 days ago   Views: 3178
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Emmanuel Oteng Kumah appointed Board Chair of StanChart Ghana

Standard Chartered Bank has appointed Dr Emmanuel Oteng Kumah as its new Board Chairman.

Posted: 9 days ago   Views: 4956
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‘Sound corporate governance crucial’ – BoG Governor

Governor of the Bank of Ghana, Dr Ernest Addison, has underscored the importance of corporate governance, saying that, it promotes sound financial system.

Posted: 10 days ago   Views: 4016
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UBA Ghana introduces mobile banking app to deepen financial inclusion

United Bank for Africa (UBA) has launched a set of mobile banking apps as part of efforts to broaden financial inclusion in the financial sector.

Posted: 11 days ago   Views: 4308
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BoG challenged to set clear policies for Savings and Loans firms

Executive Secretary of the Ghana Association of Savings and Loans Companies (GHASALC), Tweneboah Kodua Boakye has challenged the Bank of Ghana to set clear policies for savings and loans companies in the country.

Posted: 11 days ago   Views: 3252
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Prudential Bank introduces micro savings account to deepen financial inclusion

Government’s agenda to reduce the unbanked population and increase financial inclusion is gaining significant ground.

Posted: 12 days ago   Views: 4505
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Heritage Bank delights children of King Jesus Charity Home in Kumasi

In line with its community-oriented and people-centred approach to business, Heritage Bank Limited brought delighted smiles to the faces of children at the King Jesus Charity Home in Boadi, Kumasi.

Posted: 12 days ago   Views: 3322
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GN Bank set to establish presence in London soon

GN Bank is now turning its attention to London to soon establish a presence in that city, owner of the Bank, Dr Papa Kwesi Ndoum has said.

Posted: 12 days ago   Views: 4067
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