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Africa's major central banks embarking on policy easing

Africa's major central banks are entering an easing cycle as they try to stimulate growth after months of drought, austerity drives and confidence issues across the continent, a Reuters poll found on Thursday.

Access bank opens ultra-modern branch in Lashibi

Access Bank has relocated its old branch at the UBI Petroleum Station to an ultra-modern building on the main Lashibi Road, opposite Farm Vivian.

Kenyan banks face fine for cheating borrowers

The Central Bank of Kenya (CBK) has published new regulations quadrupling the penalties that commercial banks will pay for failing to disclose the true cost of credit to customers, sustaining the pressure on the lenders already feeling the heat from the law capping interest rates.

Latest Stories From Banking
2 commercial banks on verge of liquidation

Two commercial banks could soon be closed down by the Bank of Ghana if they fail to secure emergency funds to recapitalize their operations.

Posted: 4 days ago   Views: 17360
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UBA wins Best Bank – Product Innovation, Service at banking awards 2017

The United Bank for Africa (Ghana) Limited, on Saturday won “Best Bank - Product Innovation and Services” for its innovative cash transfer product across Africa - Africash - at the just concluded Ghana Banking Awards which was held at the Labadi Beach Hotel in Accra.

Posted: 4 days ago   Views: 3849
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President appoints Dr John Kofi Mensah to head ADB

President Nana Akufo-Addo has nominated Dr John Kofi Mensah for appointment as Managing Director of Agricultural Development Bank (ADB).

Posted: 6 days ago   Views: 32202
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Ghana Banking Awards 2017: Ecobank wins Bank of the Year

Ecobank Ghana Limited has won the coveted Bank of the Year at the 16th Edition of the Ghana Banking Awards (GBA) held in Accra on Saturday.

Posted: 6 days ago   Views: 36254
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OmniBank offers highest interest on deposits - BoG

OmniBank has once again emerged as the bank offering the highest interest on deposits according to the latest Bank of Ghana Average Percentage Rate and Average Interest data.

Posted: 7 days ago   Views: 6241
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Gov’t urged to review corporate taxes on rural banks

The chairman of the Board of Directors of the Ahantaman Rural Bank Limited, Vincent Blaychie Essien, has said the imposition of high rate of corporate taxes on rural banks is gradually affecting the operations of most rural banks in the country.

Posted: 10 days ago   Views: 3844
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Nordea Capital Ltd Ghana wins best asset management company in UK

Nordea Capital Limited for the second year in a row was adjudged Best New Asset Management Company, Ghana at the recent Global Banking & Finance Review Awards organised in the UK.

Posted: 10 days ago   Views: 2642
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Ecobank’s digital drive recognised in double award win

Ecobank scored a double win after triumphing in two categories at the Euromoney Awards for Excellence 2017.

Posted: 10 days ago   Views: 2148
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Analyst to BOG: Stay away from saving collapsing banks

The Bank of Ghana must stay away from the practice of supporting weaker banks in the country, the Financial Analyst with the Trust Consult, Charles Mensah has warned.

Posted: 11 days ago   Views: 4463
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Standard Chartered Bank Ghana Limited launches credit cards

Standard Chartered Bank Ghana Limited announced the launch of the Standard Chartered Visa Infinite and Visa platinum Credit Cards on July 5, 2017 in Accra.

Posted: 11 days ago   Views: 3866
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