Systemic risk

International

Fitch Downgrades Nigeria’s Long-Term Rating

Ratings agency Fitch has downgraded the outlook on Nigeria’s long-term debt to B+ following concerns on the west...

International

Bank of America Profits Surge On Cost Cuts, Trading Gains

Bank of America Corp (BAC. N) reported a near-50-percent jump in fourth-quarter profit on Friday due to cost cuts and...

International

China Needs To Regulate ‘money Gates’ But Guard Against Financial Stress

China needs to keep financial market liquidity stable and regulate its "money gates" to prevent asset bubbles, but it...

International

US Alleges Barclays Mortgage Securities Fraud

The US Department of Justice is suing Barclays for alleged mortgage securities fraud. It claims that Barclays misled...

Politics

Matured Bills & Bonds Reach GH¢145bn In 2016

Total bills and bonds auctioned this year, from January to October, by the government, Bank of Ghana, and COCOBOD...

Business

Matured Bills & Bonds Reach GHC145bn In 2016

Total bills and bonds auctioned this year, from January to October, by the government, Bank of Ghana, and COCOBOD...

Top Stories

We’ll Not License Institutions That Fall Short of Banking Requirement- BoG

The Bank of Ghana (BoG) has warned that it will not license financial institutions that do not meet the criteria set...

Business

Interbank Borrowing On the Rise

Banks borrowing from each other or the central bank, otherwise known as repurchase agreements or repos, has hit...

Top Stories

Banks Find Innovative Ways To Manage Liquidity

Over the past six years, banks have increased their appetite for funds from overnight lending and placements which they...

International

Obama Officials Work Against Time To Wrap Banking Rules

U. S. officials are striving to put finishing touches on a slew of banking rules before President Barack Obama leaves...

Top Stories

How Strong Are Our Banks?

How strong are our banks? In recent months, l have heard and read about genuine concerns expressed about the “banking...

International

Dollar Shortage Stifles Trade In Newly Floated Egyptian Pound

Egypt's pound avoided the sharp drop that many had feared on its first day as a freely traded currency, but bankers...

Business

Apex Bank Cautions Rural Banks Over Unregulated Concentration of Funds

Rural and community banks (RCBs) have been urged to invest in safe government and Bank of Ghana (BOG) instruments to...

Business

BoG Announces Plans To Give Out Shares In NIB and ADB

The Bank of Ghana (BoG) has announced plans to renounce its ownership of two banks in the country. Currently, the BoG,...

Top Stories

Moody’s Ranked Ghana High Because of My Leadership – Mahama

President John Mahama has indicated that the country’s rating on the international scene has improved because of the...

Business

BoG To Give Banks Time In Meeting Recapitalization

The Bank of Ghana(BoG) has disclosed that it will give commercial banks some space to meet a new capital reserve ratio...

Business

Moody’s Positive Rating of Ghana A Reflection of Economy- Terkper

Finance Minister Seth Terkper is optimistic recent revision of Ghana’s Long Term Bond Ratings from negative to stable...

Business

Brexit Pushes Rate On Cocobod Loan To 1.47%

The Ghana Cocoa Board (Cocobod) will pay more for it's annual cocoa loan this year than it did for the US$1.8 billion...

Top Stories

Bawumia’s Lecture: Only Four Out of Eight Claims True

The Media Foundation for West Africa (MFWA) is disputing some facts presented by Dr. Mahamudu Bawumia, vice...