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Banking

“BANKING SECTOR REFORM YIELDING POSITIVE RESULTS” – PRESIDENT AKUFO-ADDO

“Banking sector reform yielding positive results” – Prez Akufo-Addo

May 23, 2019 Editor 0

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 […]

Bright Simons writes…Should pension funds carry cross of Ghana’s local banks?

January 6, 2019 Editor 0

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 […]

minister of finance ken ofori atta

GH¢2b support to banks “not bailout” – Gov’t clarifies

January 6, 2019 Editor 0

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’

January 6, 2019 Editor 0

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

January 4, 2019 Editor 0

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

December 31, 2018 Editor 0

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 […]

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