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.
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.
The receiver for 347 collapsed Microfinance companies has extended the deadline for filing for claims to Friday 27th September 2019.
The Governor of the Bank of Ghana, Dr Ernest Addison has said the Deposit Insurance Protection Corporation would now be fully operational from October.
About ¢849 million have been realized from the assets of all the defunct banks whose licenses have been revoked.
Fidelity Bank organized a fire safety exercise at its Head Office Annex, Orange Height at Tesano in Accra, Friday.
The Bank of Ghana has forwarded the Sibton Switch case to the relevant government agencies for criminal investigations.
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.
The central bank has dismissed an official for gross misconduct in relation to corrupt transactions and for accepting bribes.
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.
GCB Bank Limited has completed 80% of an on-going remodelling and renovation of the Ussher Clinic in Jamestown, 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.
Ghana’s informal trading community has been challenged to intensify record-keeping practices to make access to credit easy.
Barclays Bank Ghana will soon roll out a bank proposition aimed at bringing more women SME owners into Ghana’s digital financial space.
Consolidated Bank Ghana (CBG) has engaged parastatal organisations to share its success story and nurture a relationship with them.
Group Chief Executive of Standard Chartered Bank Group, Bill Winters, has paid a working visit to Ghana, accompanied by Lamin Manjang, CEO Standard Chartered Nigeria and West Africa.
Managing Director of Stanbic Alhassan Andani says the challenges that resulted in the banking sector clean up should not be described as a 'crises' because it has not caused a meltdown of the financial sector.
Banking Consultant, Dr Richmond Atuahene, has called for an objective discussion on Ghana’s banking regulation, describing the current system as "fundamentally wrong."
Executive Director for Corporate and Investment Banking at First Atlantic Bank has urged Ghanaians to have confidence in the banking sector because as the central bank clean up of the financial sector is over.
Former CEO of defunct UT Bank, Kofi Amoabeng, has criticised the Bank of Ghana's procedure for closing banks, citing the closure of his bank as a case in point.
The Head of Banking Supervision at the Bank of Ghana says though the banking sector cleanup can be said to be over, the reforms in the financial sector are not over yet.
The Asantehene, Otumfuo Osei Tutu II, has urged staff of the World Bank to carry out their duties in line with the mandate of the Bank.
The Managing Director of Consolidated Bank Ghana has said that the foundation for a world-class bank has been laid.
Deloitte Ghana says it disagrees with the recent findings and sanctions by the Institute of Chartered Accountants Ghana (ICAG) on some audit firms involved in the collapse of banks in the country.
Standard Chartered Bank has appointed a new Chief Executive Officer in Jersey, subject to regulatory approval.
The Bank of Ghana announces to the general public that it is replacing its current website with a redesigned one effective 10th September 2019.
The Accra High Court has directed the Bank of Ghana and other respondents not to act in a way that will jeopardise the outcome of an application for interlocutory injunction on the revocation of the licence of GN Savings and Loans Company Limited.
The four audit firms that were sanctioned for roles played in the collapsed of some banks could have lost their licenses, sources at the Institute of Chartered Accountants Ghana (ICAG) have said.
The Bank of Ghana has additional space to loosen policy thanks to the global move toward lower interest rates, as long as inflation slows, according to Governor Ernest Addison.
The Receiver for Unibank Ghana has sued the former owner, CEO of the bank and eight other shareholders for their unlawful actions which contributed to the collapse of the financial institution.
A report from the Bank of Ghana indicates that the total value of mobile money transactions in the first six months of 2019 went up to ¢140.2 billion.
A survey on the country’s banking reform sector revealed that 55 percent of respondents welcomed the revocation of banking licenses.
The Bank of Ghana (BoG) has directed banks and other specialised deposit-taking institutions to ensure that people who deposit money into and/or withdraw same from accounts that are not theirs provide their “full personal details” to the transacting institution.
ICSA rewarded the GTBank the coveted “Best Digital Bank of the Year” award at the recent Digital Innovation & Excellence Awards held in Accra recently.
A close confidante of President Nana Akufo-Addo, Asare Otchere-Darko has fought of claims that the governing NPP has collapsed banks.
GCB Bank Limited, after being voted the Best Bank in Ghana in Anti-Money Laundering Compliance, has now emerged as Africa’s Best Bank in Compliance.
The Bank of Ghana (BoG) is asking banks and specialised deposit-taking institutions to enforce the regulations on all third parties making deposits into or withdrawals from an account other than their own.
Barclays Bank Ghana has organized an engagement session with over 800 youth to educate them about how to use the Bank’s Ready to Work programme to empower them for the job market.
Chairman of Groupe Nduom, Dr Papa Kwesi Nduom is moving fast to halt the liquidation of GN Savings and Loans.
Amenfiman Rural Bank Limited at Wasa Akropong in the Wasa Amenfi East Municipality in the Western Region has recorded approximately GH¢6million as the bank’s total share capital as at close of business on 30th June 2019.
The Institute of Chartered Accountants (ICAG) has announced sanctions meted out to four (4) audit firms for shortfalls in their professional duties to comply with the required International Auditing Standards.
The Minority in Ghana’s Parliament has blamed the collapsed of some financial institutions on reckless borrowing of government appointees to finance their 2016 campaign.
Bosomtwe Rural Bank Limited at Kuntanase in the Bosomtwe District of Ashanti Region has recorded approximately GH¢3.8million as the bank’s total share capital as at close of business on 31st July 2019.
The Finance Minister, Ken Ofori-Atta says government has already spent ¢14 billion to clean up the financial sector.
The Institute of Chartered Accountants (ICAG) has sanctioned four auditing firms that audited the seven banks that collapsed in 2017 and 2018.
President of UT Holdings, Prince Kofi Amoabeng has said ongoing investigations into the collapsed of UT Bank has affected his other businesses.
Consolidated Bank Ghana has succeeded in creating a single banking application platform, to enable it to deliver homogenous services to customers across all its branches.
The General Overseer of the Action Faith Chapel International has said it troubles him that there is no indigenous bank that has been able to make it internationally.
Chairman of Groupe Nduom, Dr Papa Kwesi Nduom, has sued the central bank demanding it restores the licence of GN Savings and Loans.
GCB Bank Limited has been voted as the Best Bank in Ghana in Anti-Money Laundering (AML) Compliance.
A list cataloguing companies and individuals indebted to investment firm, Gold Coast Fund Management (GCFM), has been challenged by De-Geons Investments Limited.
Dr. Adesola Adeduntan, the Managing Director and Chief Executive Officer (CEO) of FirstBank of Nigeria Limited and Subsidiaries was adjudged the “Best Chief Executive Officer” of the year at the Digital Innovation and Excellence Awards in Accra.