Banks’ interests on car loans drop to 31.1 % in June The latest Annual Percentage Rates (APR) and Average Interest (AI) report by the Bank of Ghana shows that Unibank offers the highest rate on...
Member of Parliament for Bolgatanga Central Constituency Isaac Adongo has punched holes in the recent assertion by Vice President Dr Mahamudu Bawumia that the economy is growing. Mr Adongo said Dr...
The Agricultural Development Bank (ADB) emerged as the best bank in Agriculture, Forestry and Fishing Finance at the 16th Ghana Banking Awards. The bank also came up as the second Most Active E-zwich...
SME -focused commercial bank, Premium Bank, has announced a ₵5 million integrated credit facility for members of the Ghana Startup Club 100 through its HelpStation initiative. Beyond the integrated...
Mangoes and watermelons, prayer mats and Chinese-made utensils are again filling the stalls of Maiduguri's markets, as they recover after years of Boko Haram violence. Traders sweating behind...
US attorneys in New York are dropping the cases against Julien Grout of France and Javier Martin-Artajo of Spain (seen in 2013), who were accused of being key figures in covering up $6.2 billion (5.7...
European stock markets ended the week down as the euro extended its gains on Friday after the European Central Bank said it would reassess its monetary policy stance in the autumn, fueling talk that...
Anthony Scaramucci, named Donald Trump's new White House communications director, is a millionaire former hedge fund investor who shores up the stable of bankers in the president's inner circle. It...
Bank of America announced Friday that it will move its hub for EU business to Dublin from London following Brexit. The Irish capital will be "the preferred location for (the bank's) principal EU...
Despite global sanctions over its weapons programmes, North Korea's economy grew at the fastest pace in 17 years thanks to a jump in exports and increased production in mining and other industries,...
The euro rose Thursday after European Central Bank chief Mario Draghi's comments bolstered the single currency even as interest rates were kept low again. Draghi avoided details on when the ECB might...
South Africa's central bank slashed its key interest rate for the first time in five years Thursday, as the continent's most advanced economy battles recession and recent credit rating downgrades....
Citigroup has picked Frankfurt as its headquarters for broker-dealer duties for EU countries after Brexit, a Citigroup executive announced Thursday in an email reviewed by AFP. The operations are...
Surging global demand for Asian exports and low oil prices will help China and the region's developing economies grow faster than expected this year and next, the Asian Development Bank said...
CAL bank (CAL) recorded improvement in its financial statements for the first half of 2017 (HY-2017) compared to same period in prior year. Management of CAL maintained a healthy balance sheet after...
Morgan Stanley has picked Frankfurt as a new temporary hub to operate in the European Union when Brexit takes effect, a person familiar with the situation said Wednesday. The New York investment bank...
Yesterday at the Media Meet with the President, there was a display of an attribute that disturbs me. The moderator, the Information Minister, set the ground rules for the Q&A time: one question per...
A GN Research analysis of Bank of Ghana’s (BoG) annual percentage rates (apr) and average interest (ai) have shown that 74% of banks in the country failed to match the 300 basis point reduction in...
The Philippines said Wednesday it would monitor large transactions at casinos to curb money-laundering, after proceeds from an $81 million theft were funnelled through several gambling establishments...
GN Bank has been adjudged the best growing bank at the 16th Edition of the Ghana Banking Awards (GBA) held in Accra recently. The bank was also named the second runner-up for Trade Finance at the...