The Bank of Ghana has, today, released its latest data on Annual Percentage Rates (APR) of interest charged on loans and credit advances and the Average Interest (AI) paid on deposits by banks. The...
The US Federal Reserve this week is poised to raise its benchmark interest rate amid burgeoning job growth and a surge of market optimism since President Donald Trump took office. Central bankers on...
The donation is aimed at supporting the various activities planned for the year-long celebrations SIC Insurance Company Limited, Ghana’s largest and preferred general insurer, has presented a...
The Bank of Ghana (BoG) says it’s working closely with the International Finance Corporation (IFC) to ensure the enactment of a new Borrowers and Lenders Act. The new law is to address all...
The dollar retreated on Friday after two days of gains while world stocks pulled further back from all-time highs as investors unwound positions on growing expectations that the U. S. Federal Reserve...
The Finance Minister says government would focus on improving liquidity for banks through the payment of State-Owned Enterprise (SOE) debts. Ken Ofori-Atta said government would pay debts owed banks...
Hon. Speaker, Honourable Members of Parliament, on the authority of President Nana Addo Dankwa Akufo-Addo, I beg to move that this Honourable House approves the Financial Policy of the Government of...
A project to promote financial inclusion through a broader uptake and usage of mobile money payments and related financial services for farmers in the Northern, Upper East and Upper West Regions has...
Asian shares rose on Thursday as investors were encouraged by President Donald Trump's measured tone in his first speech to Congress, which sent Wall Street stocks sharply higher, while growing bets...
Banks are paying an average of 11.9 per cent per annum as interest on deposits but charging their borrowers an average of 33.4 per cent as nominal interest on loans annually, data from the Bank of...
The Bank of Ghana (BoG) is alarmed at the rising spate of card fraud and defalcation in the banking sector that is threatening the integrity of the financial system. Fraud remains a major operational...
The Vice President of IMANI Ghana is demanding the dismissal of the accountant of the Public Utilities and Regulatory Commission (PURC) for obeying instructions and transferring more than GHC400,000...
A banking and finance expert, Dr. Laud Mensah has allayed fears the pulling out of Barclays PLC from Africa could trickle down to other banks. Barclays Africa Group agreed to terms for operational...
A banking and finance expert, Dr. Laud Mensah has allayed fears the pulling out of Barclays PLC from Africa could trickle down to other banks. Barclays Africa Group agreed to terms for operational...
North Korea is flouting tougher new UN sanctions with more ingenuous tactics, circumventing trade bans by relying on middlemen and front companies, notably in Malaysia and China, a report by UN...
Federal Reserve officials have said they may need to raise interest rates "fairly soon" if the economy stays strong, minutes of their meeting show. The first meeting of the Fed since Donald Trump...
Federal Reserve officials said their outlook for the economy and interest rates had not changed much since December 2016, when they indicated three rate hikes were likely in 2017 US central bankers...
Heritage Bank Limited, a wholly owned Ghanaian bank, has unveiled its brand and first ultra-modern branch, during an official launch ceremony at its head office, at Airport City. The launch ceremony...
Commerz Savings and Loans, the newest entrant to the financial sector, is seeking to deploy technological tools to attract more of the unbanked population into the banking sector. Dr. Edem Bart...
The Bank of Ghana has, today, released its latest data on Annual Percentage Rates (APR) of interest charged on loans and credit advances and the Average Interest (AI) paid on deposits by banks. The...
