BoG enforces laws banning pricing of goods, services in foreign currencies

The Bank of Ghana (BoG) has begun a series of activities to enforce its laws which prohibits the pricing of goods and services in foreign currencies.

African Development Bank launches $2bn 3-year Global Benchmark bond

The African Development Bank has launched and priced a $2 billion three-year Global Benchmark bond due 16 September 2022, its first dollar benchmark of the year.

Customers of Gold Coast Fund call for investigations

​​​​​​​A group of Concerned Customers of the Gold Coast Fund Management have appealed to government to constitute an independent body to investigate the officials of the company for not paying their monies to them.

Latest Stories From Banking
Depositors of collapsed microfinance companies given extended claims period

The receiver for 347 collapsed Microfinance companies has extended the deadline for filing for claims to Friday 27th September 2019.

Posted: 4 days ago   Views: 4692
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Deposit Protection Scheme to come into effect from October

The Governor of the Bank of Ghana, Dr Ernest Addison has said the Deposit Insurance Protection Corporation would now be fully operational from October.

Posted: 4 days ago   Views: 2356
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¢849m recovered so far from defunct banks' assets

About ¢849 million have been realized from the assets of all the defunct banks whose licenses have been revoked.

Posted: 4 days ago   Views: 7125
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Fidelity holds fire safety drill at Head Office Annex

Fidelity Bank organized a fire safety exercise at its Head Office Annex, Orange Height at Tesano in Accra, Friday.

Posted: 5 days ago   Views: 610
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Criminal investigations loom as BoG fires corrupt official

The Bank of Ghana has forwarded the Sibton Switch case to the relevant government agencies for criminal investigations.

Posted: 5 days ago   Views: 7857
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Staff caught in underhand dealings would be dealt with - BoG Governor 

Governor of the Bank of Ghana, Dr Enerst Adisson, has stated that any person found out to be involved in any shady deals will be dealt with.

Posted: 5 days ago   Views: 1535
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BoG staff dismissed over corrupt deals in Sibton Switch contract

The central bank has dismissed an official for gross misconduct in relation to corrupt transactions and for accepting bribes.

Posted: 5 days ago   Views: 19584
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Finance expert exposes loophole in capping number of banks

A Finance lecturer at the University of Ghana has observed that it would be problematic to cap the number of banks that can operate in the country.

Posted: 5 days ago   Views: 3665
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GCB Bank refurbishes Ussher Clinic in Jamestown

GCB Bank Limited has completed 80% of an on-going remodelling and renovation of the Ussher Clinic in Jamestown, Accra.

Posted: 5 days ago   Views: 1323
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UMB embarks on clean-up exercise in Accra

Universal Merchant Bank (UMB) through its UMB Foundation with support from waste management company, Zoomlion Ghana has organised the maiden edition of the “UMB Cleans Ghana” campaign.

Posted: 6 days ago   Views: 573
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