Rural banks, microfinance houses given Feb. deadline to meet minimum capital

The Bank of Ghana (BoG) has directed rural banks and microfinance companies to meet their minimum operating capital set for them by February next year.

Finance Ministry confirms over ¢30m indebtedness to Groupe Nduom

The Finance Ministry has finally confirmed its indebtedness to Groupe Nduom, which was said to be in dispute for some time now.  

GLICO wins Personal Line Insurer of the year

GLICO General was adjudged the “Personal Line Insurer of the Year 2018”, with its Home Owners insurance Package.

Latest Stories From Finance
Teachers' Union rejects imposition of SIC-GES insurance policy

The Teachers and Educational Workers Union has rejected the imposition of an insurance policy by the State Insurance Company and Ghana Education Service.  

Posted: 14 days ago   Views: 1872
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Bawumia launches 'world's first' dual-purposed finance card

Vice President Dr Mahamudu Bawumia, has launched what has been described as the world’s first dual-purpose EMV and financial inclusion payment card in Accra.

Posted: 15 days ago   Views: 6969
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BoG won't close down troubled savings and loans companies this week

Bank of Ghana has denied reports that it plans to shut down some struggling savings and loans institutions this week.

Posted: 15 days ago   Views: 3489
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GhIPSS to outdoor card with two functionalities

Ghana Interbank Payment and Settlement Systems Limited (GhIPSS) is set to launch a bank card which has the functionalities of an e-zwich and gh-link card on Wednesday.

Posted: 15 days ago   Views: 709
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Value of mobile money inter-operability transaction for half-year hits GH¢217m

The value of transactions done on mobile money inter-operability for half year witnessed some significant increase. It reached GH¢217 million ending July this year.

Posted: 16 days ago   Views: 2000
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Planned shutdown of some 'troubled' Savings and Loans companies looming

The Bank of Ghana would in coming weeks move in to “close down” some of the “troubled” Savings and loans companies that are facing “serious” financial challenges.

Posted: 19 days ago   Views: 7605
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Private health Insurance crucial in meeting SDGs on heath- Premier CEO

The CEO of Premier Health Insurance says the role of private players in the sector in ensuring that Ghana meets the health sector objectives as well as the SDGs on health cannot be overemphasised.

Posted: 20 days ago   Views: 1112
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IFC veep for Middle East, Africa makes first Ghana visit

From July 30 to August 2, Sérgio Pimenta, IFC Vice President for the Middle East and Africa, will visit Ghana, a first in his present role.

Posted: 22 days ago   Views: 1228
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SEC probes fund managers for ¢5bn in risky investments

Securities and Exchange Commission (SEC) is investigating money managers for locking up as much as ¢5 billion in risky investments they’re struggling to retrieve for clients.

Posted: 22 days ago   Views: 11269
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Premier bags 2 awards at Ghana Insurance Awards

Premier Health Insurance Company has picked up two awards at the second edition of the Ghana Insurance Awards ceremony held at the Kempinski Hotel.

Posted: 22 days ago   Views: 962
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