The outgoing Managing Director of the Republic Bank Ghana has urged commercial banks in the country to consider taking legal actions against loan defaulters.
The Bank of Ghana is in a weaker position to ensure that the cedi depreciates at predictable and sustainable rates against its foreign currencies, a retired Deputy Governor has observed.
Standard Chartered Bank Ghana has denied reports of preparing to lay-off over 600 workers in June 2019.
Republic Bank, a subsidiary of Republic Financial Holdings Limited, has officially handed over the horticultural landscape of the JB Danque Avenue Boulevard to the Management of the University of Ghana at a short ceremony.
Access Bank Ghana has revealed plans to invest more in trading and exports as a move to improve its loan books in 2019.
The Chief Labour Officer has summoned the management of GCB Bank to a meeting following the dismissal of some 164 staff of the bank.
Standard Chartered is paying out huge sums of money for the second time in less than a decade to settle claims of sanctions busting.
As part of its commitment to remain Ghana’s most welcoming bank, GCB Bank Ltd has outdoored the ‘GCB Cool Banking’ campaign.
Stanbic Bank Ghana has introduced a banking product which will allow for Small and Medium-scale Enterprises (SMEs) to access loans from the bank without providing any form of collateral.
A member of the Minority Caucus in Parliament, Isaac Adongo, has belittled the much-touted banking sector reforms by the Bank of Ghana.
CalBank is officially ISO 27001 certified. This achievement underscores the Bank’s digitization drive and commitment to information security in line with industry best practices.
Governor of the Bank of Ghana says the clean-up of the microfinance sector is going to start in the second quarter of this year.
Ecobank Ghana and GN Savings have signed an agreement for the establishment of a partnership between the two financial institutions.
The Ghana Revenue Authority has named CalBank the Most Improved and Compliant Taxpayer for the year 2018 under the Large Taxpayer Office Silver Category at its Annual GRA Staff and Stakeholders awards.
Bank deposits have risen significantly over the last few months after the banking sector reforms, Head of Banking Supervision at the Bank of Ghana, Osei Gyasi has said.
Corporate Governance expert and CEO of Salman Partners & Financial Ltd., Dr. Richmond Akwasi Atuahene, has said the 21 percent annual interest on the Ghana Amalgamated Trust (GAT) is unreasonably high and will become an albatross around the neck of banks that are bailed out with the funds.
A Banking Consultant has called for stricter banking reforms to avert future crisis.
An Accra High Court has joined government in a case in which Dr. Kwabena Duffuor and 16 others are challenging the receiver of now-defunct bank uniBank, Nii Amanor Dodoo over the revocation of the bank’s license.
Central bankers in Africa’s largest economies will consider very different conditions when deciding on interest rates over the next seven days than they did two months ago, and will mostly come to the same conclusions.
The passage of the Payment Systems and Settlement bill by Parliament last Thursday is expected to stir up innovation in the financial sector space as Ghanaians move closer to the use of digital platforms for transactions.
FBNBank Ghana Limited has held a relay walk to commemorate its parent, FirstBank of Nigeria Limited’s 125th anniversary.
Former Chase Manhattan Chief Executive David Rockefeller has died at the age of 101
Fidelity Bank, the CIMG Bank of the Year, has opened an ultra-modern digital branch at Kwame Nkrumah University of Science Technology with the best banking service.
Doing business with the wrong kind of client can be extremely costly for banks.
ECOBANK Ghana has rewarded some of its cherished customers and also subscribers to the new Xpress Account at the final edition of its promotion.
Vice President Dr. Mahamudu Bawumia has left Accra for New Delhi on Friday for the 14th CII-Exim Bank Conclave on India-Africa Project Partnership slated for March 17 to 19.
In commemoration of International Women’s Day, female staff of FBNBank Ghana Limited were equipped at an engagement session to reach for the top.
SWIFT has announced that the President Nana Akufo-Addo, will open its African Regional Conference (ARC), in Accra on 18-20 June 2019. SWIFT has announced that President Nana Akufo-Addo will open its African Regional Conference (ARC), in Accra on 18-20 June 2019.
Parliament Thursday approved the issuance of a Sovereign Guarantee of up to GH₵2 billion in favour of Ghana Amalgamated Trust (GAT) Limited.
A customer of Gold Man Savings and Loans has told Joy News that she has to beg for food to feed herself and her three children after her investment got locked up.
Absa Group Ltd, reported an increase in revenue and earnings for 2018, a year of almost unprecedented corporate activity as the group repositioned itself for delivery against a new growth strategy as an independent African bank.
Societe Generale has expressed its readiness to support Small and Medium-sized Enterprises (SMEs) with more than GH¢700 million funding.
The Managing Director of GCB Bank Limited says women are the core of human life and that without them not much could be achieved.
Government is in talks with Standard Chartered Plc and Standard Bank Group Ltd. for a bridge loan of $750 million and will repay the facility with the proceeds of a Eurobond sale.
The Minority in Parliament says government’s decision to establish the Ghana Amalgamated Trust (GAT) to help some local banks meet minimum capital is illegal.
Gold Coast Fund Management has explained that it had to beef up security at some of its branches after some aggrieved customers issued threats to harm them.
Majority of the 23 banks that met the Bank of Ghana’s recapitalization requirement of GH₵400 million, made huge profits in the last financial year.
An Executive Director of OmniBsic Bank has given the firm assurance of his bank meeting the GH¢400 million minimum capital requirement set for commercial banks in the country.
Three weeks after the UBA group launched its operations in Mali, the global financial city of London hosted a high level gathering of business and public sector leaders on Thursday February 28, 2019, as the new UBA franchise, UBA UK was formally birthed in the United Kingdom amidst high expectations.
The Former Chief Operating Officer at Ghana Commercial Bank (GCB) Samuel Sarpong has been nominated as new Managing Director of National Investment Bank (NIB) subject to the Bank of Ghana's approval.
OmniBank Ghana Limited and Sahel Sahara Bank, Ghana Limited (BSIC) have announced the completion of a merger process.
Some branches of the defunct Heritage Bank and Premium Bank have been closed down and staff have been asked to step aside for a while.
Bank of Africa has successfully migrated its internet banking platform Bweb to a more secure system with a user-friendly interface and convenient platform called BOAweb.
The Bank of Ghana (BoG) has issued a list of licensed banks in Ghana as of January, 2019.
Corporate Governance Expert is calling for a review of the mandate of the Governor of the Bank of Ghana to restrain him from chairing the Board of the Bank and other committees like the Monetary Policy Committee
Consolidated Bank Ghana Limited (CBG) has launched an ultramodern branch to offer customers seamless banking experience.
Kwaebibirem Rural Bank with headquarters at Asuom has won an award at the 2018 Heroes of Distinction Award, as “the Emerging Rural Bank of the year 2018”.
The Managers of the Gold Coast Fund Management (GCFM) says so far paid nearly ¢60 million to aggrieved customers and assured that the payment would continue.
Five of the 17 defendants who were sued by the receiver of the defunct uniBank have filed an application at the Accra High Court seeking for an order directed at the receiver to provide them with certain documents.
Standard Chartered Mobile has been designed with continuous feedback from clients, incorporating innovative technology to allow clients to execute all banking activities from a mobile device.
The Managing Director of Fidelity Bank has suggested the need for Africa to develop and implement a strategy on technology, which will positively impact the development of the continent.
Universal Merchant Bank (UMB) says it is committed to supporting Importers and Exporters to help boost Ghana’s participation in international trade.