Subprime mortgage crisis

International

Foreign Banks In Britain Pay Fraction of Tax Rate

Some of the biggest foreign investment and commercial banks operating in Britain paid an average tax rate of just 6...

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Bayport, C.F.C Merger Will Grow Company After Approval- CEO

Managers of Bayport Financial Services have projected that a merger with CFC Savings and Loans will shoot the customer...

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Christmas Buzz Missing In Major Markets In Accra [Audio]

With barely two weeks to Christmas day it appears the buzz that usually surrounds the holiday season is missing this...

Business

BoG Still Owns 9.5 Percent Stake In ADB

The Bank of Ghana (BoG) is to still own a stake in the Agricultural Development Bank (ADB) despite the completion of...

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BoG Still Owns 9.5 Percent Stake In ADB

The Bank of Ghana (BoG) is to still own a stake in the Agricultural Development Bank (ADB) despite the completion of...

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Business Activities Pick Up Slowly In Accra

Checks by Citi Business News in some parts of the national capital indicate that business activities are slowly picking...

Business

Finatrade Faces Imminent Liquidation

A commodity trading company, Finatrade, is said to have begun series of job cuts in anticipation of an eventual...

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Citi Breakfast Show, Thursday, 1st December, 2016.MP3

The Citi Breakfast Show team on Thursday December 1, 2016 focused on the special voting exercise ongoing across the 275...

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Aveyime Rice Factory Abandoned As Machines Rot [Photos]

The promise of jobs and change in lives that came with the establishment of the Aveyime Rice factory has been...

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Sue EC – Kofi Adams

The National Organizer of the National Democratic Congress (NDC), Kofi Adams has defended a decision by the Police and...

Business

No Bonuses For Banks Staff As Mounting Debts Trigger Write-Offs

Staff of universal banks will be denied their bonuses this year as rising Non- performing loans in the sector crossed...

Business

We’re Investigating Apex Bank MD, Board Chair – BoG

The Bank of Ghana (BoG) has disclosed that it is investigating allegations made by the Union of Industry, Commerce and...

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We’re Investigating Apex Bank MD, Board Chair- BoG

The Bank of Ghana (BoG) has disclosed that it is investigating allegations made by the Union of Industry, Commerce and...

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Produce Findings On Apex Bank ‘mismanagement’ – UNICOF To BoG

The Union of Industry, Commerce and Finance Workers (UNICOF) is demanding that the Bank of Ghana publishes the outcome...

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Ghana Home Loans To Start Operations As A Bank In 2017

Mortgage house, Ghana Home Loans has disclosed to Citi Business News it will commence operations as a bank by the first...

Business

Finance Ministry Forwards New Mobile Money Law To AG’s Office

The Finance Ministry has hinted to Citi Business News it will soon present the new Payment Services Regulation to the...

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Finance Ministry Forwards New Mobile Money Law To AG’s Office

The Finance Ministry has hinted to Citi Business News it will soon present the new Payment Services Regulation to the...

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HFC Targets High Deposits Despite Election Blues

Some commercial banks have told Citi Business News they are highly optimistic of increased deposits towards the end of...

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Mortgage Houses Dismiss Report On Low Demand For Home Loans

Information available to Citi Business News indicate that demand for home loans from mortgage houses has not declined...