Interests On Mortgage Loans Hit 31.5%
Ghana’s quest to reduce the almost 2 million housing deficit may take a long time as interest on mortgage loans continue to rise. According to latest average interest and Annual percentage report...
Tag: UniBank
Banks Reducing Interests On Deposits – BoG Report
The Bank of Ghana’s latest Average Interests (IA) on deposits report released shows a decrease in the average minimum interests to be paid annually on deposits of customers’ funds logged at...
Banks’ Average Base Rate Increases To 27.8%
The latest Annual Percentage Rates (APR) and Average Interests (AI) on deposits report released by the Bank of Ghana shows that the average minimum interest rates that can be charged on loans and...
Selecting And Placing Candidates Into Schools
Introduction The Computerised School Selection and Placement System (CSSPS) started in 2005, though, has been subjected to series of review based on the concerns of parents, stakeholders and the...
The Secret Deeds Of PK, The Failed NUGS President
About 11 months ago, the representatives of students of Ghana met in Islamic University College, Accra to elect a new crop of leaders for the 2015/16 National Union of Ghana Students (NUGS) year....
8 Banks On the Verge of Collapse – Bawumia
A former deputy Governor of the Bank of Ghana and the running mate of the NPP Dr. Mahamudu Bawumia has warned that eight banks in Ghana risks collapse due to the continuous hikes of bad loans on...
Follow Roadmap To Clear Legacy Debt
The International Monetary Fund (IMF) has pressed on government to strictly follow roadmaps designed to wean state owned power companies off debts. According to the IMF, its recent discussion with...
Energy Sector Levy Revenue Hits GHc350m
Finance Minister, Seth Terkper has disclosed that the Energy Sector Levy Account has accrued 350 million cedis as at August 2016. Only residential users should pay energy levies – Former AGI...
Gov’t Clears GHS250m Out of GHS4.4bn Energy Debt
The Ministry of Finance, the Bank of Ghana (BoG), and the Ghana Bankers Association have announced plans to pay the legacy debt owed in the power sector. According to the Ministry of Finance,...
Average Interest On Car Loans In Ghana Hit 32%
A new report released by the Bank of Ghana (BoG) on Annual Percentage Rates (APR) and Average Interest(AI) paid on deposits by banks has reveled that the average interest rate for a car loan in Ghana...
Banks Should Prepare For Bigger Businesses
Former Chief Executive Officer of Ecobank Transnational Incorporated (ETI) has challenged Ghanaian Banks in the country to prepare themselves for bigger businesses across the nation. The banking...
Banks’ Deposits Increase To GHC42.3 Bn In 2015 – PwC
The total deposits for commercial banks in the country increased to 42.3 billion cedis as at the end of December 2015. The figure increased from 36.2 billion cedis in the previous year, representing...
UniBank Is Best Corporate Responsibility Bank
uniBank has been adjudged the best local bank in Corporate Social Responsibility at the 2016 Ghana Banking Awards. The 15th edition of the Ghana Banking Awards was held at the Kempinski hotel in...
Fidelity Bank Is Bank of the Year 2015
Fidelity Bank beat competition from 27 other local and international banks to pick up the coveted prize. The bank was also adjudged the Best in Corporate Social Responsibility and Best Trade Deal....
Complete Biography & Profile of Dr Kwabena Duffuor, Former Minister of Finance and Economic Planning
Dr. Kwabena Duffuor, an economist by profession is a native of Kumawu in the Ashanti Region of Ghana. He is married with five children. Education He attended Prempeh College where he obtained his...
Asamoah Gyan Donates $30,000 to Black Queens
Asamoah Gyan, Ghana's national mens soccer team captain on Monday, November 23, 2015, presented a $30,000 cash prize to the senior women’s national team, the Black Queens, for winning the 2015 All...
Ghana Gov’t Flies $200K Cash to Kigali to Pay Black Stars Bonuses
The Ministry of Sports is reported to have carried a sum of $200,000 in cash on a plane to Rwanda to pay the Black Stars for beating the Amavubi in the Afcon 2017 qualifier at the weekend.
The...
Banking Software in West Africa Gets A Huge Boost
Distributors of TEMENOS banking software in West Africa, has announced a partnership with an additional four global IT solutions providers.
The four companies, Fiorano, Digital Persona, R-Systems and...