“Banking sector reform yielding positive results” – Prez Akufo-Addo
The President of the Republic, Nana Addo Dankwa Akufo-Addo, says the prudent measures taken by his administration and the Bank of Ghana to save and […]
Banking
Bright Simons writes…Should pension funds carry cross of Ghana’s local banks?
The approach of the Ghanaian government and its regulators to “managing” struggling banks in Ghana has evolved yet again. From majority state-owned banks doing “purchase […]
GH¢2b support to banks “not bailout” – Gov’t clarifies
Government says some GH¢2 billion approved for some five local banks is only to support their recapitalisation and must not be classified as a bailout […]
Banking crisis: Complicit BoG staff ‘to be punished soon’
The Head of Banking Supervision at the Central Bank has hinted that management will soon punish staff cited for their role in the liquidation of […]
Find out the status of your Bank: GN Bank now savings and loans company
The Bank of Ghana has downgraded GN Bank to a savings and loans company. This was after the Central Bank finished what it describes as […]
Five Banks to loose licenses
At least five commercial banks in the country could lose their universal banking licenses later this week as the December 31 deadline to meet the […]