19 banks likely to meet minimum capital requirement - Dr. Addison

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.

Monetary Policy Committee keeps lending rate at 17%

The Monetary Policy Committee of the Bank of Ghana has kept its key lending rates to commercial banks unchanged.

GCB’s Airport Terminal 3 branch opens for business

GCB Bank has set up an ultra-modern branch at Kotoka International Airport’s newly established Terminal 3.

Latest Stories From Banking
Taxing banks properly would revamp economy, says expert

To maximize tax revenues from the banking sector, the government must properly tax profits of the banks, says a finance and banking expert.

Posted: 2 days ago   Views: 2409
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63% of bank workers want out of profession – survey

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.

Posted: 2 days ago   Views: 3098
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UMB commits to partner gov't in organising National Policy Summits

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.

Posted: 3 days ago   Views: 2094
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BoG urged to reduce minimum capital of indigenous banks to ¢250m

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

Posted: 4 days ago   Views: 4803
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Nigeria’s Central Bank takes over Skye Bank

The Central Bank of Nigeria (CBN) on Friday announced the takeover of Skye Bank.

Posted: 4 days ago   Views: 4891
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Balance of payment consistently strong - Standard Bank research

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.

Posted: 5 days ago   Views: 2708
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Omni, Sahel merger: New name to be OmniBsic; no job cuts in 3yrs

Sahel Sahara and Omni bank when merged will be called OmniBsic Bank Ghana Limited, Deputy Managing Director of Sahel Sahara bank has said.

Posted: 9 days ago   Views: 4847
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Omni, Sahel Sahara banks sets October 18 to meet minimum capital requirement

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.

Posted: 9 days ago   Views: 3504
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GN, Premium and Heritage in merger talks

GN Bank is currently in talks to merge with Premium and Heritage Bank, Joy Business sources reveal.

Posted: 9 days ago   Views: 8279
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Omnibank, Sahel Bank merger to be completed before Dec. 2018

Omibank and Sahel Sahara Bank have signed a Memorandum of Understanding to aid its planned merger before December this year.

Posted: 10 days ago   Views: 5574
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