The Bank of Ghana (BoG) has forwarded some dossiers to the Economic and Organised Crime Office (EOCO) and other security agencies to start the prosecution of those found complicit in the recent...
Twenty out of the 30 existing universal banks in Ghana have met the GHC400 million Minimum Capital Requirement of the Bank of Ghana as the 31 December 2018 deadline approaches, Second Deputy Governor...
A Singaporean technology firm, Locus Chain Foundation has launched the maiden fourth generation of blockchain technology that promises to address the nagging issue of accountability and corruption in...
All institutions established either for profit or not-for-profit purposes manage costs in their various dealings, with the people (human resource) being the most important and likely to be the most...
With global growth showing solid momentum, the challenge is to make it inclusive, World Bank Chief, Jim Yong Kim, has said last week. “The challenge now is to ensure that strong growth will...
A former deputy Governor of the Bank of Ghana (BoG), Emmanuel Asiedu-Mantey has expressed disquiet about some local banks petitioning the president to have the 31 December deadline for the...
McOttley Capital, an investment management arm of McOttley Holdings, has assured Ghanaians and its cherished clients of bright future. A statement from the company said the operations of McOttley...
Directors must also go through vigorous interviews before appointment – Justice Sao The Chief Executive of Institute of Directors, Justice Awuku Sao is asking corporate institutions not to appoint...
SIC Financial Services Limited (SIC-FSL) one of the shareholders of ADB has denied having pledged its shares in ADB to uniBank in fulfillment of an earlier financial commitment. A source within the...
The Bank of Ghana (BoG) has dismissed the purported takeover of the Agricultural Development Bank (ADB) by another local bank, Unibank Ghana Limited. “Just to clarify… the Central Bank has not...
The Ghana Stock Exchange has suspended the trading of Agricultural Development Bank (ADB) shares on the Ghana Stock Exchange effective March 7, 2017. A statement from the Ghana Stock Exchange...
Shareholders of the Agricultural Development Bank have pledged over 51% shares to Unibank for 600 million Ghana Cedis. A consortium of financial institutions which comprises Starmount Development...
The public has been urged to resort more to electronic forms of payment in order to reduce their exposure to armed robbery and related risks. Mr Archie Hesse, the Chief Executive of Ghana Interbank...
As part of measures to digitize and make banking more convenient, Universal Merchant Bank (UMB) has launched a mobile application to bring banking to the doorstep of its numerous customers. The UMB...
Financial Services Provider BEIGE has launched a Tier-3 personal pension scheme targeted at ensuring financial independence for subscribers during retirement. The ‘EveryDayPension’ retirement...
The United Nations observes 11 February each year as the International Day of Women and Girls in Science. This Day is to celebrate the world’s efforts in getting more women to study and work in...
Access Bank’s family promotion which started in July last year was climaxed in Accra last Friday as the final batch of winners picked up amazing and life changing prizes. With over 60,000 new and...
Large corporate organisations and public sector institutions can receive instant payment electronically if they sign onto the e-bills pay system introduced by Ghana Interbank Payment and Settlement...
Ghana has signed a Double Taxation Agreement (DTA) with Ireland to eliminate the incidence where incomes from both countries are taxed twice. The Agreement, the first that Ireland has concluded with...
The Bank of Ghana (BoG) has refuted reports that majority of commercial banks in the country are owned by foreigners. Some industry players have raised concerns about the directive by BoG to...