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...
A new report released by the Bank of Ghana (BoG), on the how much banks in Ghana charge you when you take a loan from them, has reveled that in the car loan category Bank of Baroda offers the...
Executive Chairman of Ivory Finance Company Limited, Emmanuel Adu-Sarkodie, has described claims that SIC Insurance Company Limited has paid GHC91 million to Ivory Finance as a refund of a loan SIC...
The Bank of Ghana (BoG) says it’s working closely with the International Finance Corporation (IFC) to ensure the enactment of a new Borrowers and Lenders Act. The new law is to address all...
The Executive Chairman of Ivory Finance Company Limited, Emmanuel Adu Sarkodee has described claims that SIC Insurance Company Limited has paid GHC91 million to Ivory Finance as refund of loan SIC...
Non-bank financial institution, Ivory Finance, has dismissed reports that it has been paid in full, the 91 million cedis owed it by insurance firm SIC. The two have been in a long standing legal and...
Non-bank financial institution, Ivory Finance, has dismissed reports that it has been paid in full, the 91 million cedis owed it by insurance firm SIC. The two have been in a long standing legal and...
The latest Annual Percentage Rates (APR) and Average Interest (AI) report by the Bank of Ghana has shown that Unibank still leads as the bank with the most expensive rate on vehicle loans. For three...
The latest Annual Percentage Rates (APR) and Average Interest (AI) report by the Bank of Ghana has shown that Unibank still leads as the bank with the most expensive rate on vehicle loans. For three...
The latest Annual Percentage Rates (APR) and Average Interest (AI) report by the Bank of Ghana has shown that Unibank still leads as the bank with the most expensive rate on vehicle loans. For three...
The National Pensions Regulatory Authority (NPRA) has disclosed to Citi Business News that workers should be able to access mortgage loans with their tier 2 and 3 pension benefits by the end of this...
Small U. S. firms borrowed slightly more in December than in the prior month, data released on Wednesday showed, but more were repaying existing loans late, suggesting that default rates may rise...
Documents sighted by ultimatefmonline.com, have revealed that the Director General of the Social Security and National Insurance Trust (SSNIT) Mr. Ernest Thompson who is due for pension this year,...
Despite calls for banks to merge in order to build their capacity, Citi Business News has gathered that four more banks have applied to the Bank of Ghana(BoG) awaiting approval from the central bank...
SIC Insurance, Ghana’s largest general insurer, has provided insights into a deal it entered into with Ivory Finance for the construction of affordable houses in the country about three years ago....
The yield on the Bank of Ghana’s weekly 91-day bill fell to 16.4281 percent at an auction on Friday December 23, from 16.6759 percent at the last sale on Dec. 16, a report by Reuters has said. The...
The yield on the Bank of Ghana’s weekly 91-day bill fell to 16.4281 percent at an auction on Friday December 23, from 16.6759 percent at the last sale on Dec. 16, a report by Reuters has said. The...
Managers of Bayport Financial Services have projected that a merger with CFC Savings and Loans will shoot the customer base of the company from 100,000 to 130,000. The merger which is yet to be...
The start of the week saw the Monetary Policy Committee (MPC) of the Bank of Ghana announcing a reduction in the policy rate by 50 basis points to 25.5 per cent. Previously, the rate had held at 26...
A new trend is emerging in the financial market, where an increasing number of borrowers and lenders prefer to use their holdings equities and debt securities such as shares, bonds and treasury bills...
