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...
The average interest offered by banks on customer deposits dropped by 2.67 percent between May and June 2017. According to the latest Annual Percentage Rates (APR) and Average Interest (AI) report...
First Atlantic Bank recently opened branches at Kasoa and Madina near Accra to bring its services closer to clients and offer them suitable banking. Karen Akiwumi-Tanoh, Board Chairman of the Bank,...
The average interest offered by banks on customer deposits increased by 1 percent between March and April 2017. According to the latest Annual Percentage Rates (APR) and Average Interest (AI) report...
SOCIAL Security and National Insurance Trust (SSNIT) has held an employers’ workshop on online contribution report (CR) submission and payment through the banks. It is to train more employers in...
The average interest rate for mortgage loans among commercial banks reached 33.8 percent in March 2017. The figure recorded a 2 percent increase as compared to the 33.6 percent recorded at the end of...
The average interest rate for mortgage loans among commercial banks reached 33.8 percent in March 2017. The figure recorded a 2 percent increase as compared to the 33.6 percent recorded at the end of...
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...
The average interest offered by banks on customer deposits has dropped by about 0.4 percent between February and March this year. The figure declined from 11.6 percent as at end of February 2017 to...
Renowned banker Mr Jude Arthur has been appointed Board Chairman of GCB. His appointment takes effect from the 6th of April, 2017. He takes over from Mr Daniel Owiredu who resigned as board Chairman...
Renowned banker Mr Jude Arthur has been appointed Board Chairman of GCB. His appointment takes effect from the 6th of April, 2017. He takes over from Mr Daniel Owiredu who resigned as board Chairman...
QUANTUM Oil Terminals Limited has sued International Finance Corporation (IFC) and the OPEC Fund for International Development for damages totaling $41.3million ($41,319,123) as damages for alleged...
Construction work on a 13.5 million-litre capacity Marine Gas Oil (MGO) storage facility by the Ghana Oil Company Limited (GOIL) at the Takoradi Port in the Western Region has been completed. The $15...
First Atlantic Bank formally opened its Dzorwulu and Ring Road Central branches to the public on Tuesday. Karen Akiwumi-Tandoh, Board Chair of the bank, said nearly five years ago after the receipt...
First Atlantic Bank has added three new branches to its network of branches in the country. This brings total number of network to twenty-seven. Two of the branches are in Accra at Dzorwulu and Ring...
Some banks have given indication of cutting their interest rates to reflect the reduction in the policy rate by the Bank of Ghana. They explain that the move forms part of plans to reduce the plight...
Some banks have given indication of cutting their interest rates to reflect the reduction in the policy rate by the Bank of Ghana. They explain that the move forms part of plans to reduce the plight...
Average interest rate on agricultural loans by banks has increased marginally to 33.2 percent as at the end of February this year, the Bank of Ghana’s Annual Percentage Rate and Average Interest...
The average interest on vehicle loans offered by commercial banks has reached 35 percent as at the end of February this year; the latest Annual Percentage Rate (APR) report by the Bank of Ghana has...
First Atlantic Bank posted an impressive 30 percent increase in Operating Income for the 2016 financial year. This was primarily as a result of 40% increase in Net Interest Income-driven mainly by...
