banking

Business

Bank of Baroda Best Place To Secure Credit – BOG APR

Bank of Baroda emerged as the best place to secure credit according to the latest Average Interest and Annual...

Business

Banks Warn BoG Over Minimum Capital Requirement

CEOs of some banks have cautioned the Central Bank to be circumspect in the implementation of the soon-to-be-announced...

Headlines

US Treasury’s Mnuchin Opposes Breakup of Banks

The Trump administration does not support a return to the Depression-era rule requiring a separation of retail and...

Business

Capital Bank’s V12 Campaign Changes Narrative On Current and Savings Accounts

Capital Bank’s V12 Campaign is gathering momentum days after its launch as customers and prospective customers throng...

Headlines

Hardline Challenger In Iran

Ebrahim Raisi, the leading rival to President Hassan Rouhani in Friday's presidential election, is a hardline judge...

News

Recapitalization As A Means of Transforming Ghana’s Banking Sector

The Ghanaian banking system is growing at a fast pace with the number of commercial banks increasing each year. Most...

Business

BDCs Debt Could Push NPLs Beyond 20%

Banks could be facing further liquidity challenges as government delays in settling the BDCs debt, Philip Owiredu,...

Business

Government To Bring Down Cost of Mortgage, Lending

Vice-President Dr Mahamudu Bawumia has hinted that the government is working to bring down the cost of mortgage and...

Business

BOG Engages ASN Financial Services Over “crisis”

The Bank of Ghana (BoG) is engaging directors of ASN Financial Services Limited, a licensed Finance House, to find an...

Business

Capital Bank Launches V12 Campaign; Pays 12% Interest On Savings, Current Accounts

Indigenous bank, Capital Bank has launched a campaign dubbed, “V12” aimed at giving customers superior value. It is...

Headlines

Wells Fargo Announces $2 Bn In Additional Cost Cuts

Tarnished banking giant Wells Fargo said Thursday it will cut an additional $2 billion in costs each year as it aims to...

News

Estate Developer Jailed 36 Months For Fraud

An Accra Circuit Court on Wednesday sentenced Mark Brown, a Real Estate Developer, to 36 months imprisonment in hard...

News

HFC Opens Two Cash Collection Points At Tamale Teaching Hospital

HFC Bank has opened two cash collection points at the Tamale Teaching Hospital (TTH) premises from which customers can...

Business

Huge Recapitalisation Alone Not Answer To Banks’ Woes

Aggressive recapitalisation, which could force mergers and acquisitions, should not be forced on banks, Felix...

Business

GhIPSS Lauds The Seed Funds Over Its ‘TSF Card’

The launch of the ‘TSF Card’ by The Seed Funds (TSF) Savings and Loans Company has been welcomed by the Ghana...

Business

Former BOG Boss Resignation To Cost the State GHc7,476 Million

Details emerging from the Bank of Ghana (BoG), reveal the negotiated resignation of Dr. Abdul-Nashiru Issahaku, as...

News

Ibrahim Mahama Is Not Indebted To Us – Ghana Airports Company

The Ghana Airports Company Limited (GACL) has refuted reports that Engineers and Planners Company Limited owned by...

Business

Financial Sector Needs An Ombudsman

Dr. Kobby Mensah, marketing lecturer at the University of Ghana Business School says Parliament should consider the...

Business

Bank Savings Accounts Are Not Investment Accounts

Savings consists of the amount left over when the cost of a person's consumer expenditure is subtracted from the amount...