The Chief Executive of Universal Merchant Bank (UMB), John Awuah has been honoured as the Finance Personality of the Year at the just ended 4thGhana Finance Innovation Awards (GFIA).
Hundreds of golfers across the country gathered at the Achimota Golf Course, Accra Saturday to participate in the 2018 CAL Bank Limited open golf championship.
The Bank of Ghana has denied it is working to issue a new GH¢100 note to the public for transactions.
Amenfiman Rural Bank has announced plans to restore confidence in the banking sector.
MoneyGram, a leading global money transfer service in Ghana, has been recognised for its innovation in money transfer with the Mobex Africa Innovation in Money Transfer Award.
GCB Bank has been adjudged the “the most compliance focused Bank in Africa” at the just-ended conference of Association of Certified Compliance Professionals in Africa (ACCPA) held in Luanda, Angola.
The Bank of Ghana (BoG) is confident that reforms in the banking sector will help position the country as the safest investment destination in the sub-region.
Stanbic Bank Ghana and Industrial Commercial Bank of China (ICBC) in collaboration with the Ministry of Tourism has partnered to attract Chines tourist.
Standard Chartered Bank SCB Ghana says it plans to heavy on technology as a growth strategy.
First National Bank Ghana, recently crowned the emerging brand of the year 2017 by the Chartered Institutes of Marketing Ghana, has appointed Mark Yeboah Achiampong as Head of Commercial and Business Banking.
Wholly owned Ghanaian, Heritage Bank, has marked this year’s International Customers Service Week to appreciate customers for their loyalty towards the company.
World Bank Country Director for Ghana is asking the Bank of Ghana to put in effective systems to clean up the mess in the microfinance institutions and rural banks in the country.
Over ¢400 million has been realized from the sale and recovery of UT and Capital banks’ assets, the Receivers of both banks have said.
The Prudential Bank has described as “malicious” social media claims it has gone under.
Zenith Bank Ghana Limited, one of the most reputable and innovative banks in Ghana, has now obtained the internationally recognized ISO 27001:2013 and PCI DSS Certifications.
This week, First National Bank in collaboration with the Finance Ministry, Environment Ministry and other related state agencies will be holding a green bond workshop in Accra.
Although First National Bank Ghana is only a few years old in Ghana, it is part of one of Africa’s biggest and most accomplished banking groups, the South Africa headquartered First Rand Group, which owns Rand Merchant Bank and the First National Bank in addition to other finance houses with presence in many African countries.
The Bank of Ghana has indicated that it would takeover another “troubled” bank if the said institution fails to meet some conditions.
Some 47 rural and community banks in the country may be bracing themselves for uncertain times as they are yet to meet the GH¢1 million minimum capital requirement needed to remain in operation.
The Managing Director of the ARB Apex Bank, Kojo Mattah, has called on government to reduce corporate tax of 25 percent for Rural and Community Banks.
Access Bank is set to talk business sustenance at Glitz Africa Fashion Week 2018.
The Bank of Ghana has been blamed for not acting swiftly to stem panic withdrawals that have hit banks and savings and loans companies across the country.
The cost of liquidating the seven troubled banks has reached almost 13 billion cedis.
The Asantehene has called for the enactment of a new law that will prevent present and former governors of the Bank of Ghana (BoG) from establishing their banks in the country.
Standard Chartered Wednesday inaugurated a new head office building on Independence Avenue in Accra.
The Bank of Ghana (BoG) has shutdown Dancom Microfinance Ltd and also caused the arrest and prosecution of the Directors of the firm for engaging in deposit-taking activities without a licence.
President Nana Addo Dankwa Akufo-Addo says the deposits of one million Ghanaians have been saved by his administration’s rationalisation of the banking sector.
Ashanti Region Minister, Simon Osei Mensah, has said a petition by customers of First Allied Savings and Loans will be referred to the government's economic management team.
First National Bank Ghana has been adjudged the CIMG emerging brand of the year, 2017.
Fidelity Bank, the largest privately owned Ghanaian bank in the country has for the second time been adjudged the best bank in the industry for the year 2017 at the CIMG Awards.
In a bid to deepen its presence and activities in the Northern half of Ghana, ADB will commence the financing of selected projects in the Ashanti and Northern regions.
Bond Savings and Loans Company has been adjudged the Chartered Institute of Marketing Ghana (CIMG) Savings and Loans Company of the Year 2017, with its commercial jingle, ‘Be Bold Campaign,’ recognized as Outdoor Advert of the Year.
Ecobank Ghana as part of plans to appreciate business partners and customers has launched a new product dubbed ‘care and convenience.’
The central bank has launched a Data Centre and Disaster Recovery Site in Kumasi, the Ashanti Region capital.
Deputy CEO of the Ghana Export-Import Bank Cynthia Pamela Addo has resigned to take up a position within the Judicial Service.
An Accra High Court has put on hold its proceedings in a case filed by Dr. Kwabena Duffour, shareholder of defunct uniBank Ghana Limited.
The Bank of Ghana has put the number of licensed Savings and Loans Companies in the country at 37.
Five new investors are said to have shown interest in partnering with Sahel Sahara and Omni banks which has begun merger talks after receiving the initial no objection from the Bank of Ghana.
About 19 banks are likely to meet the new capital requirement of GH₵400 million by December this year, Governor of the Bank of Ghana has said.
The Monetary Policy Committee of the Bank of Ghana has kept its key lending rates to commercial banks unchanged.
GCB Bank has set up an ultra-modern branch at Kotoka International Airport’s newly established Terminal 3.
To maximize tax revenues from the banking sector, the government must properly tax profits of the banks, says a finance and banking expert.
As many as 63.4 percent of people working in the banking sector say they are willing to leave it, entirely due to factors like low salaries and unrealistic targets, a new survey by Acreaty Ghana – a human capital consultancy – has revealed.
The Head of Public Private Partnerships of the Universal Merchant Bank has said the Universal Merchant Bank (UMB) will continue to support government in its National Policy Summits.
Regional Director of the Chartered Institute of Leadership and Governance, Dr Bediako Asare, has called on the Bank of Ghana to reduce the minimum capital for indigenous banks to ¢250 million instead of the ¢400m
The Central Bank of Nigeria (CBN) on Friday announced the takeover of Skye Bank.
The country’s Balance of Payment (BOP) has strengthened consistently over the last eight months aided by oil exports, strong forex reserves and the issuance of Eurobonds by the government.
Sahel Sahara and Omni bank when merged will be called OmniBsic Bank Ghana Limited, Deputy Managing Director of Sahel Sahara bank has said.
All things being equal, the merger between Sahel Sahara and Omni banks is expected to be completed by October 18 this year with the full GH¢400 million minimum capital requirement.
GN Bank is currently in talks to merge with Premium and Heritage Bank, Joy Business sources reveal.
Omibank and Sahel Sahara Bank have signed a Memorandum of Understanding to aid its planned merger before December this year.