Barclays has been privately exploring a possible merger with rival international banks, including Standard Chartered, in response to pressure from an activist investor who has become one of its biggest shareholders.
Governor of the Central Bank has said the public will know the banks likely to miss the recapitalisation by July.
The Governor of the Central Bank has disclosed that staff of the Bank who were compromised in the supervision of the collapsed banks would face the music.
Bank of Ghana has indicated that it would soon take action against gold buying firm Menzgold after preliminary investigations found it was taking deposits without approval.
The president, Nana Akufo-Addo says the recent events in the banking sector is a major source of concern to his government and must be for any well-meaning Ghanaian.
Ecobank has won the Best Digital Strategy Award at the Retail Banker International’s prestigious awards ceremony in London.
Dr. Papa Kwesi Nduom, has announced that the USA banking regulator has approved the changing of the name of the ISF Bank to become GN Bank, USA.
The Economic and Organized Crime Organization has exonerated the Central Bank of any wrongdoing in the contract award for the mobile money interoperability platform.
Kosmos Energy has responded to a distress call to save some communities at Offinso from waterborne diseases with the provision of a $100,000 water purification system.
Stanbic Bank Ghana in partnership with Vodafone has staged the maiden edition of the Women in Entrepreneurship Workshop
Managing Director of CalBank, Frank Adu Jnr has called for some divisions in the role of the central bank of Ghana to enable it to perform efficiently in its supervisory role.
Managing Director of CalBank, Frank Adu Jnr has disclosed that the bank will continue to operate efficiently even if he retires from the institution.
Stanbic Bank has indicated its preparedness to acquire another bank as a growth strategy.
Ghana’s formal private sector is eagerly expecting a major cut in the benchmark Monetary Policy Rate to be announced on Monday next week, following the latest meeting of the central bank’s monetary policy committee, which begins today and will end on Friday.
Barclays Africa Group Ltd shareholders today approved that the group changes its name to Absa Group Limited in July, setting in motion the start of one of the largest re-brand projects in Africa at this time.
Second Deputy Governor of the Bank of Ghana, Mrs Elsie Awadzi has expressed optimism that many banks will meet the minimum capital requirement of ¢400 million by December this year.
FBN Bank is in a good position to meet the ¢400 million minimum capital requirement of the Central Bank.
A former Deputy Governor of BoG has rejected suggestions that the contract awarded for the building of an interoperability system under the Mahama administration was overpriced.
Ecobank Ghana is set to meet the new minimum capital requirement by June this year.
Management of Ecobank Ghana has decided not to pay dividends to shareholders of the bank for last year.
Fidelity Bank has presented GHS 50,000 each to the three ultimate winners of its flagship 10x richer campaign.
Managing Director of Barclays Bank Ghana, Patience Akyianu has resigned from the bank but she is expected to continue until 30 September, 2018.
Access Bank has held its 10th Annual General Meeting (AGM) to consider and adopt the Statement of Accounts for the year ended December 31, 2017 at the Swiss Spirit Hotel & Suites Alisa Accra.
The former staff of defunct UT and Capital bank have indicated they will be presenting a petition to President Akufo-Addo over issues of their unpaid severance packages.
The Bank of Ghana (BoG) is looking at the option of withdrawing liquidity support for one of the troubled banks as a result of liquidity and other challenges that confront this bank.
Bank of Ghana is insisting that the banking sector is safe and sound despite the recent challenges that have hit the sector.
As part of efforts to create awareness on the importance of exercising and promote healthy living, OmniBank over the weekend organized a health walk for staff.
The Bank of Ghana (BoG), the regulator of the banking sector in Ghana, has confirmed appointing an advisor for Sovereign Bank Ltd in April, 2018.
Nominees for the 2018 African Banker Awards have been announced. This year’s shortlist sees another strong year for banks from Morocco, Nigeria and Kenya.
The Bank of Ghana (BoG) has appointed an Advisor to directly supervise operations of Sovereign Bank.
Standard Chartered is launching a global campaign that takes its ‘Here for good’ brand promise and poses a new tougher challenge: ‘Good enough will never change the world’.
Cal Bank is not paying any dividend to shareholders for the financial year 2017 as the bank seeks to meet Bank of Ghana’s (BoG’s) minimum capital requirement.
ARB Apex Bank says it is diversifying its income streams to increase profits and improve value for shareholders.
The ‘Base Rate’ is now a Reference Rate rather than a Minimum Lending Rate for all banks as was the case with the previous model.
The Central Bank is being challenged to publish minutes of its meetings to enhance transparency and inform industry decisions.
Kenya lost about 1,500 banking and insurance sector jobs in 2017, the first such drop in seven years that also defines how banks reacted to the interest rate capping law introduced in September 2016.
Silver Star Auto Ltd (SSAL) has introduced the next generation of the Mercedes-Benz Actros for long-distance haulage and Arocs for construction and special application vehicles unto the market.
Standard Chartered Bank Ghana Limited has opened a new ultra-modern smart branch at the KNUST campus at Harper Road in the Kumasi Metropolis.
The Bank of Ghana has advised players in the banking sector to suspend the payment of profits to their shareholders.
Bayport Savings and Loans, a member of the Bayport Management Limited (BML) has launched the 'We Are Bayport' campaign.
British banking giant Barclays made a net loss of £1.9 billion last year as continuing PPI payments and the impact of the USA's new tax rules hit the bank's bottom line.
Ecobank Transnational Incorporated (Ecobank), parent of the Ecobank Group, the leading pan-African bank with operations in 36 countries across the continent, concluded its 30th Annual General Meeting in Lomé, Togo, today.
Customers of commercial banks would be restricted in their borrowings from any bank in the coming months if he/she does not have a credible loan repayment track record.
Shareholders of ETI would not enjoy divided for this year as its parent company, Ecobank works to meet regulatory requirements in some countries that it operates, like Ghana.
Government has dismissed claims that it is interfering with the regulatory role of the Bank of Ghana (BoG).
The Bank of Ghana has indicated it would not extend the December deadline for meeting the minimum capital requirement for banks.
Ghanaian bank, UMB Bank, has been awarded 2018 Corporate Bank of the Year in Ghana by the London-based financial magazine, The European.
The Bank of Ghana (BoG) says the culture of regulatory leniency that once prevailed in the banking sector will not be countenanced going forward.
The Multimedia Group, with its flagship station Joy FM has been adjudged the best media house to work for in Ghana.
The Accra-Tema Zone of NIB held a 10-kilometre health walk through some principal streets of Accra as part of activities marking the Bank’s 55th Anniversary celebrations.
Ecobank is inviting African fintech entrepreneurs to enter its Ecobank Fintech Challenge.