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...
Mr Alhassan Andani, Chief Executive of Stanbic Bank Ghana, says going cashlite may be a way out of the recent spate of robberies apparently fueled by the presence of cash. According to the President...
All banks in the country have been directed by the Bank of Ghana (BoG) to strictly comply with recommendations from a recent Asset Quality Review (AQR) exercise conducted by the Bank. The findings...
The Bank of Ghana (BoG) says it has prescribed remedial measures both general and specific to the risk exposure of each of the 31 commercial banks operating in the country to help ensure resilience...
The Bank of Ghana (BoG) has directed all banks to strictly comply with its recommendations from a recent Asset Quality Review (AQR) exercise conducted by the bank. The findings which have been...
The Bank of Ghana (BoG) has directed all banks to strictly comply with its recommendations from a recent Asset Quality Review (AQR) exercise conducted by the bank. The findings which have been...
Government has cleared off GH¢588 million out of the whopping GH¢2.4 billion Ghana legacy debts. The amount is part of the monies owed by the Volta River Authority (VRA) to local banks and its...
Industry players are upbeat about a possible reduction in the policy rate to be announced by the Bank of Ghana later today. Their hopes are largely built on the declining inflation as well as drop in...
The government has settled GH¢588 million of the GH¢2.4 billion indebtedness of the Volta River Authority (VRA) to local banks and its suppliers. This was after an initial deposit of GH¢250...
Net debt owed banks and fuel suppliers alone under the energy sector debt hit 1.2 billion cedis at the end of 2016. According to documents cited by Citi Business News as at 31st December, 2016...
President of the Ghana Association of Bankers (GAB) and Chief Executive Officer of Stanbic Bank, Alhassan Andani, says the real impact of the recent tax cuts by government would be felt only if it...
Net debt owed banks and fuel suppliers alone under the energy sector debt hit 1.2 billion cedis at the end of 2016. According to documents cited by Citi Business News as at 31st December, 2016...
Net debt owed banks and fuel suppliers alone under the energy sector debt hit 1.2 billion cedis at the end of 2016. According to documents cited by Citi Business News as at 31st December, 2016...
About 160 million cedis is expected to hit the accounts of banks that are owed the energy sector debts, by the end of March 2017. This is according to the President of the Ghana Association of...
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 Managing Director of Stanbic Bank Ghana Limited, Mr Alhassan Andani, has asked the government to incorporate its agenda for growth and jobs into a single policy document that will clearly specify...
The Bank of Ghana (BOG) has inaugurated a Payments Systems Council (PSC) under its Payments Systems Department to help drive the development of efficient and safe electronic payment systems in...
The Bank of Ghana has intensified measures to tackle fraud associated with electronic payment systems. Reports from the central bank indicate that the country loses over 900 million dollars through...
Standard Chartered Bank has announced the appointment of Kweku Bedu-Addo as CEO of the Southern Africa Region comprising Mauritius, Botswana, Zimbabwe, Zambia, Angola and South Africa. The...
A commodity trading company, Finatrade, is said to have begun series of job cuts in anticipation of an eventual liquidation as the company is soaked in more than GH¢1 billion debt that is...
