Stanbic Bank Ghana Limited has designed a system to address revenue leakage at the Korle Bu Teaching Hospital believes to be a major challenge.
Upcoming bankers have been urged to adhere to professional ethics and improve customer care services for the advancement and success of financial institutions.
Access Bank Plc has announced its intention to inject additional capital into the Bank’s operations in Ghana before the end of Q1 in 2018 after all regulatory requirements are fulfilled.
The nation’s leading mortgage provider, Ghana Home Loans has pledged to play a leading role in pioneering the implementation of EDGE certification in the local construction industry.
The First National Bank has introduced a new payment system that allows customers to transfer money to one another within the same geographical location.
Ghana’s banks face a daunting race to meet new capital rules by the end of next year.
The Managing Director of Energy Bank has kicked against segmentation of the minimum capital requirement directive for commercial banks by the Bank of Ghana (BoG).
When we think of banks, we typically have in mind our local bank branch that stores deposits and issues personal or business loans. Prima facie there is nothing wrong with this image.
Fidelity Bank has held its second draw of the 10x Richer Promo to reward five lucky customers in the Ashanti regional capital, Kumasi.
The Governor of the Bank of Ghana (BoG) has justified the decision for all commercial banks to have a minimum capital level of ¢400 million by December 2018.
The Monetary Policy Committee (MPC) of the Bank of Ghana (BoG) has kept its policy rate of 21 percent unchanged.
There is no doubt that the banking industry plays a very formidable role in any economy and for it to thrive, it must have a robust system that is well supervised and regulated.
First Atlantic Bank has announced it has finalized an agreement with Advanced Finance & Investment Group (AFIG Funds), for an investment in the Bank.
Stanbic Bank Ghana will on September, 26, launch the world’s leading economic indicator, the Purchasing Managers’ Index (PMI).
The Bank of Ghana has made key changes to various heads of department positions as well as also merge some units.
The Managing Director and Chief Executive Officer of Energy Bank Ghana, Christiana Ekaete Olaoye has received another award for being among the Top 50 Corporate Women Leaders in Ghana in 2016.
The National Investment Bank (NIB) has denied reports that it would soon be taken over by the Ghana Commercial Bank (GCB Bank).
Zenith Bank has indicated that it is willing to engage any commercial bank that may be struggling to meet the new capital levels, for possible acquisition.
Governor of the Bank of Ghana, Dr Ernest Addison, has blamed the lack of good corporate governance for the collapse of UT and Capital bank.
In all, about ¢9 billion could be pumped into the economy, now if this injection is not “met” with economic activities that could lead to inflation or call it, too much money chasing few goods on the market.
Capital requirement is the minimum amount of capital a bank or other financial institution has to hold as required by its financial regulator.
Bank of Ghana has outlined conditions for meeting the new capital level of GH₵400 million. According to a public notice by the Central Bank and signed by its secretary, Caroline Otoo , banks must recapitalize through fresh capital injection , Income surplus among others.
Fifteen banks in the country may struggle to meet the new capital levels introduced by the Bank of Ghana. This could force them to lose their license by January 1, 2019.
The Bank of Ghana has finally increased the minimum capital requirement for commercial Banks to ¢400 million from ¢120 million.
The GCAA want customers to feel safe, confident and secure when travelling.
Ecobank Ghana has clarified reports of massive layoffs at the bank. The bank recently laid off 181 contract staff.
First edition of the Ecobank Housing Fair has opened at the Aviation Social Centre in Accra. The fair forms part of the bank's resolve to help the country’s 1.7 million housing deficit.
GCB Bank has been adjudged the Best Compliance Employer of the year at the just ended Africa compliance professional awards in Accra.
The President of the Ghana Association of Bankers, Alhassan Andani, has ruled out the possibility of acquisition, mergers or a takeover within the banking industry.
Finance Minister Ken Ofori-Atta has indicated that banks would be given up to a year to meet the new minimum capital requirement when the recapitalisation announcement is made.
The GCB Bank will review its lending rates downwards to the level of its existing corporate clients for the benefit of the corporate customers of the ex-UT and Capital Bank.
Ghanaians have been asked to do business with local banks to enable them to boost their capacity and keep them strong.
The total stock of loans that banks fear may go bad have reached close to GH8 billion as at June this year, the latest Bank of Ghana Banking (BoG) sector report said.
HFC Bank raised close to GH¢50,000 to help kick-start the HFC Infantana ride out malaria cycling tour.
The Bank of Ghana (BoG) may have spent over ¢5 billion in supporting “distress” banks, JOYBUSINESS gathered after going through the Central Bank’s financial reports over the past three years.
General Manager in charge of Risk Management at HFC Bank, Anthony Jordan has been confirmed as the bank’s new Managing Director.
Information gathered by Joy Business indicates HFC Bank (Ghana) Limited's General Manager in charge of Risk Management, Anthony Jordan is likely to be confirmed as the bank's new Managing Director.
The GCB bank has stated that the acquisition of Capital bank and UT bank was not an overnight decision.
Managing Director of Ghana Commercial Bank, Ray Sowah, welcomed staff of defunct Capital and UT bank to the new family of GCB.
Fidelity Bank has rewarded the first batch of winners in its Fidelity 10x Richer Promo.
The Managing Director of HFC Bank, Robert Le-Hunte has announced his early retirement from the institution.
The Central Bank has hinted at the possibility of job losses at two collapsed banks, UT and Capital Banks as GCB Bank rolls out its restructuring process, after acquiring them.
The industry first family promotion by Access Bank, “Abusua Akyɛdeɛ”, has held its first mini draw at the Bank’s Osu Oxford Street branch to reveal the first batch of winners.
Standard Chartered has appointed Professor Akua Kuenyehia and Henry Baye as Independent Non-Executive Director and Executive Director respectively, to the Board of the Bank.
The Central Bank says some officials of the two collapsed banks will be prosecuted if they are found to have breached its regulations in the discharge of their duties.
The Central Bank has provided answers to frequently asked questions regarding the take over of UT and Capital Bank.
The Bank of Ghana has approved a Purchase and Assumption transaction with GCB Bank Ltd that transfers all deposits and selected assets of UT Bank Ltd and Capital Bank Ltd to GCB Bank Ltd.
The Governor of Bank of Ghana, Dr. Ernest Addison has disclosed that the planned increase in capital requirement for banks would be announced in first week of September.
The Royal Bank (TRB) has revealed it is well positioned to meet the Bank of Ghana’s planned new minimum capital requirement.
The Bank of Ghana (BoG) has indicated that it is likely to announce a new minimum capital requirement for banks by September.
The Vice President Dr Mahamudu Bawumia has sworn in a new 13-member Board of the Bank of Ghana (BoG).
Stanbic Bank Ghana has been adjudged the Best Investment Bank in Ghana by Global Finance Awards at the 2017 Global Finance Awards in the UK.