Twenty out of the 30 existing universal banks in Ghana have met the GHC400 million Minimum Capital Requirement of the Bank of Ghana as the 31 December 2018 deadline approaches, Second Deputy Governor...
Mobile telecommunication network, Vodafone Ghana, is set to headline this year’s 16th Ghana Banking Awards; representing a solid three-year run of association with the event. The awards is a...
There are growing concerns that the rising non-performing loan (NPLs) on the books of some banks in Ghana threatens their existence and depositor’s funds. There is the need for immediate enhanced...
The Bank of Ghana (BoG) is engaging directors of ASN Financial Services Limited, a licensed Finance House, to find an amicable solution to the troubled indigenous institution. The company, which...
Dr. Kobby Mensah, marketing lecturer at the University of Ghana Business School says Parliament should consider the setting up of a financial Ombudsman with the legal powers to mediate between...
Frank Adu Jnr, Managing Director of CAL Bank, has proposed an increment in the current minimum capital requirement for universal banks from GH¢120million to US$200million, to create larger banks...
The Ghana Co-Operative Credit Unions’ Association has announced plans to push for its own inter payment and settlement platform in the short to medium term. The association aims to carry out the...
Government has begun informal talks with key financial institutions on how to reduce the cost of credit and make same available to the private sector to spur growth, Business Development Minister,...
A chartered economic policy analyst, Dr Williams Abayaawien Atulik, has expressed concern about the coupon rate on the Eurobonds issued by the government. He said financing the budget deficit with...
Mortgage house, Ghana Home Loans has disclosed to Citi Business News it will commence operations as a bank by the first quarter of next year (2017). According to the CEO of the company, Mr. Dominic...
Criticisms have started pouring in at the recently launched GH¢100 million guarantee fund the central bank and other stakeholders launched to attract banks into lending more to agriculture. Known as...
About eight banks will resort to the capital market, or at worst undertake private placement, to raise funds to meet the expected new capital requirement for all banks in Ghana, Business Finder has...
About 2,000 traders in Accra who would have found it extremely difficult to access credit facility from banks, have been given a collateral-free loan by Capital and More Microfinance, to expand their...
