Bank of Africa

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Moroccan King Arrives Ghana

The King of Morocco, King Mohammed VI, arrived in the country yesterday for a three-day working visit. He arrived at...

Business

Twenty-Five Banks Flout Law

Only five banks out the 30 have transferred their records to the Public Records and Archives Administration (PRAAD) as...

Business

Interest On Deposits Continues To Taper Off

The average interest paid on deposits in the banking sector has seen a continues decline in three consecutive months,...

Business

Bankers Warn Government Against Capping Interest Rates

Some bankers have warned any move by Government to cap interest rates in Ghana will end in a disaster. Banking...

Business

Demand For Mortgages Decreases

New figures released by the Bank of Ghana (BoG) reveal demand for loans for house purchase by customers of banks have...

Business

Average Interest On Deposits Decrease To 12.2%

The Bank of Ghana’s latest Average Interests (IA) on deposits report released shows a decrease in the average minimum...

Business

Interests On Mortgage Loans Hit 31.5%

Ghana’s quest to reduce the almost 2 million housing deficit may take a long time as interest on mortgage loans...

Business

Banks Reducing Interests On Deposits – BoG Report

The Bank of Ghana’s latest Average Interests (IA) on deposits report released shows a decrease in the average minimum...

Business

Banks’ Average Base Rate Increases To 27.8%

The latest Annual Percentage Rates (APR) and Average Interests (AI) on deposits report released by the Bank of Ghana...

International

Audit Exposes How Employees, Suppliers Wrecked Kenya Airways

On Wednesday, February 11, 2015, a Kenya Airways employee in charge of treasury and controls, received the first of...

Top Stories

BoG Gold Watches Not Tax Payers’ Money

A former Deputy Governor of the Bank of Ghana (BoG), Emmanuel Asiedu Mantey has put up a stern defense of the Central...

Top Stories

BoG’s US$504,000 For Gold Watches Wasteful – Banker

The former Managing Director and Chief Executive Officer of Amalgamated Bank Limited, (now Bank of Africa) Mr. Menson...

Business

Average Interest On Car Loans In Ghana Hit 32%

A new report released by the Bank of Ghana (BoG) on Annual Percentage Rates (APR) and Average Interest(AI) paid on...