Three loyal customers of Fidelity Bank customers literally smiled all the way to the bank after they were rewarded with ¢50,000 each at the bank's 10x Richer Deposit grand draw.
Fidelity Bank Limited plans to list its shares for trading on the country’s bourse by 2020 as it targets a spot among the largest three banks in Ghana.
The Bank of Ghana says it is working to introduce mobile payments for persons interested in making checks on the collateral registry.
The Paramount Chief of Tefle Traditional Area has called on the Central Bank and commercial banks especially GCB Bank to work together to reduce the cost of credit in the country.
The Economic and Organised Crimes Office (EOCO) has granted bail to Mr William Ato Essien, the founder of the collapsed bank, Capital Bank after detaining him overnight.
Zenith Bank has attributed its strong capital base to what it refers to as the implementation of effective corporate governance strategies.
Former workers of the defunct UT and Capital Banks have made an appeal to the central bank to ensure that their exit package, as agreed between UNICOF and the Receiver (PwC), is paid.
Experts from the First National Bank are set to discuss the ‘Where to invest in Africa Report’. The third edition of First National Bank's Economic and Business breakfast forum will be held in Accra on Wednesday.
Atwima Kwanwoma Rural Bank has exceeded Bank of Ghana’s minimum capital requirement of one million Ghana cedis by more than 200 per cent
President Akufo-Addo is expected to set up a 10-member committee to act on a petition by local banks for a reprieve on the minimum capital requirement of GHS400m.
HFC is now set to rebrand as Republic Bank on April 24 this year after it secured the necessary regulatory approval.
MTN has announced a collaboration with Ecobank Transnational Incorporated (ETI), to enable both companies to leverage on each other’s assets across Africa.
Standard Bank Group is seeking a banking license in Senegal after opening in Ivory Coast as the lender expands in West Africa’s French-speaking countries.
Police in the Northern Region have arrested a nurse at the Damango Government Hospital for allegedly raping a European tourist who was on admission at the facility.
Inlaks a leading system integrator in Sub-Saharan Africa in partnership with Temenos, a global banking software specialist and HID, an American manufacturer of secure identity solutions recently organized a forum for financial players in Accra to highlight and proffer solutions to the changing trends in the banking industry.
The upgraded version of Ecobank’s mobile app has attracted three million new customers in six months.
The Bank of Ghana has set the maiden Ghana Reference Rate for April at 16.82 percent, a notice released to the public on the new module for calculating interest rates shows.
It looked like a done deal between a Nigerian bank in need of funding and a U.S. private-equity firm keen to stump up the cash. But even after contracts were signed it fell apart, showing how tough the African nation can be for investors.
Barclays has agreed to pay $2bn (£1.4bn) to settle a lawsuit brought by the US government over the sale of mortgage-backed securities.
Barclays Bank recorded ¢550 million in profits before tax for 2017, the Bank’s Audited financial statements ending December 2017 has shown.
Some health institutions across the country have benefitted from the OmniBank’s SME Clinic in Accra.
President of UT Holdings, Prince Kofi Amoabeng has denied being summoned to appear before the Economic and Organized Crime Office (EOCO) on Wednesday.
United Bank for Africa (UBA PLC), Africa’s global bank, announced that its London subsidiary has obtained regulatory permission to carry out Wholesale Banking activities in the UK.
The Governor of the Bank of Ghana (BoG), Dr Ernest Addison has assured depositors that the Banking sector is safe and sound and there is no cause for worry.
The Finance Minister Ken Ofori-Atta has said he supports any move by the Central bank to go after the directors of defunct UT and Capital Banks.
Monetary Policy Committee (MPC) took a bold step by cutting the policy rate by a large 200bp to 18.00% earlier today, Barclays has said in a statement.
UniBank says it has abandoned plans to consider the option of arbitration over the management takeover of the institution.
GCB Bank’s has expanded Saturday banking services to seven more of its branches across the country.
President of UT Holdings, Prince Kofi Amoabeng, says he has learnt a lot of lessons from the collapse of UT Bank and would bounce back stronger.
International audit and accounting firm KPMG has assured that all assets of Unibank are in safe hands.
A lecturer at the University of Ghana Business School has predicted that seven more banks will follow Unibank which was taken over Tuesday.
National Investment Bank has ruled out any plan to merge with the Agricultural Development Bank (ADB).
Milost Global Inc. is looking to inject as much as $1 billion to recapitalize Nigeria’s Unity Bank Plc, which is struggling to build buffers after a slowdown in Africa’s biggest economy, according to two people familiar with the matter.
Government and the African Development Fund (ADF) have on Thursday signed a loan agreement to support the Planting for Food and Jobs programme.
Economists at the research desk of Standard Bank, the parent company of Stanbic Bank Ghana, have forecast an improved economic performance and narrowing of the current account deficit in 2018.
The Supreme Court has dismissed a review application seeking to overturn its own decision on a $60million judgment debt against the National Investment Bank, (NIB).
Commercial Banks in the country are expected to start using a new formula for interest rates calculation from April this year.
As identity theft and fraudulent transactions gain ground in the global banking system, the West African Monetary Institute (WAMI) is collaborating with all central banks within the West African Monetary Zone (WAMZ) to launch a Bank Verification Number (BVN) project.
The Central Bank and FSD Africa have signed a Memorandum of Understanding for the implementation of a Credit Market Development Programme in Ghana.
Bank of Ghana (BoG) has dragged the directors of 30 microfinance companies to the Economic and Organised Crime Office (EOCO) for investigations and prosecution for alleged embezzlement and fraud.
The editor in chief of the New Crusading Guide newspaper is urging government to put in place measures that will ensure that indigenous banks thrive.
uniBank says there is no arrangement for it to take over another indigenous bank, adb despite reports to the contrary.
The Agricultural Development Bank has denied it has been taken over by uniBank, describing the report as pure lies.
The President appeals to banks to reduce their interest rates in order to complement the government's efforts to stabilise the macroeconomic framework.
Bank of Ghana says it has not sanctioned the alleged takeover of the Agricultural Development Bank by uniBank, describing it as false.
The Managing Director of Stanbic Bank has said the country's moves to cashlite status to curb the incessant armed robbery incidents.
One of the leading financial services companies in the country, afb Ghana, has launched an education solution to support the players in the educational sector of the country.
Standard Chartered Bank Ghana Limited has posted strong results as it announced its results for the year ended December 31, 2017.
GCB Bank has improved the capacity of the country’s media in the performance of its work by donating five desktop computers, accessories and a printer to the Ghana News Agency (GNA).
Barclays Africa is to change its brand name to Absa Group subject to the necessary regulatory and shareholder approval.
HFC Bank to raise over GH₵250 million from shareholders as it races to meet Bank of Ghana’s new minimum capital requirement.
Banks will not be affected should the price of cryptocurrencies collapse, ratings agency, Standard & Poor’s has revealed.