The GN Bank owned by businessman cum politician Dr. Papa Kwesi Nduom has been caught up in fire as helpless fire personnel struggle to fight it. TV3’s Selorm Amenyah who is at the scene gathered...
Fire has destroyed part of the Coconut Grove Regency Hotel in Accra. The fire is said to have started at a part of the hotel that also serves as offices for GN bank, a bank owned by the management of...
First National Bank (FNB) intends to embark on an expansion drive this year by adding more branches to its existing five branches. The bank intends to open branches in Kumasi, Takoradi, Tema, and...
Money transfer service provider, MoneyGram, has reiterated its commitment to providing competitive services to give value for money for its numerous customers. According to MoneyGram the increased...
The Bank of Ghana(BoG) has cancelled the auctioning of dollars to banks in the country. The central bank in January this year announced plans to release $120 million onto the market for the first...
The International Monetary Fund (IMF) has asked the Bank of Ghana (BoG) to ensure that banks with minimum capitals below the industry requirement prepare “credible and time-bound recapitalisation...
As part of measures to promote quick and easy banking in Ghana, Universal Merchant Bank (UMB) has launched its instant visa cards. The move seeks to provide customers visa cards in a matter of...
The Group of 20 major economies sent a message Friday on the threat that rising protectionism poses to the global economy, but the United States cast doubt over its adherence to that stance. US...
The demand for funding start-ups remains high in Ghana as the cost of production and growing a business steadily is one most entrepreneur cannot handle. This makes the lifespan of many start-ups less...
The Group of 20 major economies have reached a "broad consensus" that a continued rise in protectionism would be damaging to the global economy, German Finance Minister Wolfgang Schaeuble said...
Some banks in the country have begun complying with the directive from the Ghana Revenue Authority (GRA), ordering them to stop charging VAT on financial services. The banks have started sending...
A Kumasi circuit court has remanded two men for forging ID cards to defraud Dalex bank in Kumasi to the tune of GHC 27,600.00. The accused- Charlotter Bonaldi, 26, unemployed and Dominic Kusi Atta,...
The Universal Merchant Bank (UMB) has reiterated its commitment to provide customers with speed banking to meet their changing need with the introduction of instant visa card. It is believed the move...
The average interest banks charge on loans and advances has seen a drop for the third time running, according to the central bank’s latest monthly Annual Percentage Rates (APR) and Average Interest...
The industry average for vehicle loans has however dropped from 35 percent in February to 34.2 percent in March 2017, the latest Annual Percentage Rates and Average Interest report by the Bank of...
Stanbic Bank Ghana has launched a new campaign designed to encourage a habit of savings among Ghanaians. Dubbed “Save to Gain”, it is a national savings campaign intended to improve savings...
An Account Clerk with Adonteng Community Bank in the Eastern region has been charged with 98 count of offences for allegedly stealing bank deposits of 98 customers to the tune of Ghc182,303.63. The...
Members of the Board and Management of Bank of Africa Ghana have paid a courtesy call on President Nana Akufo-Addo at the Flagstaff House to pledge the bank’s support to the government in...
Susu collection is one of Ghana’s most ancient traditional banking systems. In the Akan language, the term ‘Susu’ means “small small” as to indicate the saving contribution paid on a daily...
The Bank of Ghana (BOG) has urged financial institutions and stakeholders within the industry to embrace regulatory requirements as they are key to a healthy financial sector. According to the BOG,...
