There are mixed reactions over the Bank of Ghana’s decision to auction 120 million dollars to commercial banks between January and March this year. A calendar issued by the central bank said it...
The Ghana Stock Exchange is projected to perform well this year despite a poor performance last year. The Ghana Stock market ended 2015 with a negative growth with managers of the market further...
The Energy sector debt owed to banks is the major contributor to Non Performing Loans in the country Banks in the country are optimistic of reducing the high Non Performing Loans recorded in the...
Last Friday was indeed an emotional and memorable moment for staff and students of the University of Professional Studies, Accra (UPSA) formerly known as the Institute of Professional Studies (IPS),...
Last Friday was indeed an emotional and memorable moment for staff and students of the University of Professional Studies, Accra (UPSA) formerly known as the Institute of Professional Studies (IPS),...
By Charles Nii Ayiku Ayiku, APR Chair, Research and New Media, Institute of Public Relations (IPR), Ghana Email: Last Friday was indeed an emotional and memorable moment for staff and students of...
The Managing Director of HFC Bank, Robert Le Hunt has told Citi Business News the bank will make substantial investment in Ghana’s oil and gas industry in 2017. According to him, the industry holds...
The Managing Director of HFC Bank, Robert Le Hunt has told Citi Business News the bank will make substantial investment in Ghana’s oil and gas industry in 2017. According to him, the industry holds...
The Managing Director of HFC bank, Robert Le Hunte is optimistic the incoming Nana Akufo-Addo government will continue with the plans laid down by the Ministry of Finance in paying the legacy debt....
The Bankers’ Association of Ghana has renewed calls for government to resume payment of the debt owed by the Bulk Oil Distribution Companies (BDCs). According to the association, a further delay in...
The Bankers’ Association of Ghana has renewed calls for government to resume payment of the debt owed by the Bulk Oil Distribution Companies (BDCs). According to the association, a further delay in...
Some bank treasuries are anticipating a relative stability of the cedi in the short to medium term following the Bank of Ghana’s auctioning of dollars to commercial banks. According to them, the...
As the Bank of Ghana prepares to commence its first dollar auction to banks through a competitive bid, some financial observers have stated that the regulations guiding the process may put excess...
As the Bank of Ghana prepares to commence its first dollar auction to banks through a competitive bid, some financial observers have stated that the regulations guiding the process may put excess...
Treasury units of commercial banks have attributed the current marginal depreciation of the cedi to an increase demand by retailers ahead of the festive season. According to them, the need for...
HFC Bank has reaffirmed its commitment to reduce Ghana’s unbanked population by making banking more accessible. It follows the launching of the bank’s new branch in Bolgatanga in the Upper East...
HFC Bank has inaugurated its state-of-the-art branch in Tema Community 25, the second in the industrial city of Ghana. Mr Robert Le Hunte, the Managing Director of HFC Bank, said the new branch was...
The impact of the high Non-Performing Loans (NPLs) on the books of commercial banks is set to reduce by the close of this year. At least this is the confidence expressed by some managers of banks....
Some commercial banks have told Citi Business News they are highly optimistic of increased deposits towards the end of year despite the upcoming general elections. Though the banks admit of a general...
Banks, offering mortgage loans, have blamed the general slowdown in economic activities and a weak purchasing power among Ghanaians, as reasons accounting for the decline in the demand for mortgage...
