Financial Services
GH¢400m capital: Remaining 3 months optimum for banks
Barely three months to the deadline for meeting the minimum capital requirement for banks still presents an opportunity for more...
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Cryptocurrency: Advocates push for swift laws by BoG
Cryptocurrency analysts are urging the Bank of Ghana to expedite processes to formulate laws to regulate their business. They want...
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Energy Commercial Bank gets SEC approval to raise GH¢340m
Energy Commercial Bank says it has received approval from the Securities and Exchange Commission (SEC) to raise GH¢340 million in...
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Exciting times await banking sector in 2019 — PwC
In spite of what many experts have described as a big turmoil in the financial services sector, PricewaterhouseCoopers (PwC) is...
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Bank deposits slump to lowest in 5 years
Banking deposits have fallen their lowest in five years, an indication that uncertainties in the sector have made depositors wary,...
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With no accountability, financial sector will see no progress – Kojo Addae-Mensah
Kojo Addae Mensah (MD, Databank) Without holding anyone who is culpable of any malfeasance in Ghana’s financial sector to account,...
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BoG caps tenure of CEOs, directors of banks – New directive takes immediate effect
The Bank of Ghana (BoG) has issued a directive to cap the tenure of the office of all managing directors...
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Cyber crime rises but industry recovers GH¢160m in 2017
An estimated 80% of the value of all cyber fraud cases was recovered in 2017, the Bank of Ghana has...
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Raising Finance from The Ghana Alternative Exchange (GAX); What Do you Need?
Photo: Mr. David Tetteh, Consultant, GAX of the GSE Raising financing for business is one of the major difficulties for...
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One strong local bank better than 7 weak ones – Akufo-Addo
President Nana Akufo-Addo has emphatically stated poorly managed local banks cannot expect government support following the collapse of seven banks....
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